Mixed use portfolio, 2 properties · Kew Garden Hills, New York
Walgreens Flushing
This portfolio is financed with a $10.9M CMBS loan at 4.75% that reaches maturity on April 6, 2029, in 2 years and 5 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $10,914,153
- Original balance (same notes)
- $12,000,000
- Interest rate
- 4.75% fixed
- Originated
- April 2, 2019
- Maturity
- April 6, 2029
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- February 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred April 13, 2020, returned October 31, 2020
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 73-15 Kissena Boulevard, Kew Garden Hills, NY 11367
- Metro
- New York-Newark-Jersey City, NY-NJ
- Value at securitization
- $22.5M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $1.1M | n/a |
Watch flags
Computed from the GS Mortgage Securities Trust 2019-GC39 filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Walgreens Flushing | Kew Garden Hills, NY | Mixed Use | n/a | n/a |
| 30-59 Steinway | Astoria, NY | Mixed Use | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $10.9M | Current | No | n/a | n/a |
| September 2026 | $10.9M | Current | No | n/a | n/a |
| August 2026 | $11.0M | Payment not received but still in grace period or not yet due | No | n/a | n/a |
| July 2026 | $11.0M | Payment not received but still in grace period or not yet due | No | n/a | n/a |
| June 2026 | $11.0M | 30-59 days delinquent | No | n/a | n/a |
| May 2026 | $11.0M | Payment not received but still in grace period or not yet due | No | n/a | n/a |
| April 2026 | $11.1M | 30-59 days delinquent | No | 1.30x | 100% |
| March 2026 | $11.1M | Payment not received but still in grace period or not yet due | No | 1.30x | 100% |
| February 2026 | $11.1M | Payment not received but still in grace period or not yet due | No | 1.30x | 100% |
| January 2026 | $11.1M | Payment not received but still in grace period or not yet due | No | 1.30x | 100% |
| December 2025 | $11.1M | Current | No | 1.30x | 100% |
| November 2025 | $11.1M | Payment not received but still in grace period or not yet due | No | 1.30x | 100% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Special-servicing history
- Transferred to the special servicer April 13, 2020, returned to the master servicer October 31, 2020.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2019-GC39 | 22 | $10,914,153 | Oct 2026 | SEC filing, October 22, 2026 |
Other New York-Newark-Jersey City loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 1633 Broadway | New York, NY | Office | $780.0M | 2.99% | Dec 2029 | 2.87x | 76% | Current |
| 650 Madison Avenue | New York, NY | Mixed use | $545.8M | 3.486% | Dec 2029 | 1.25x | 62% | Current |
| Queens Center | Elmhurst, NY | Retail | $510.0M | 5.37% | Nov 2029 | 1.94x | 93% | Current |
| 3 Columbus Circle | New York, NY | Mixed use | $490.0M | 3.914% | Mar 2029 | 2.80x | 90% | Current |
| 30 Hudson Yards | New York, NY | Office | $422.0M | 3.11% | Jul 2029 | n/a | n/a | Current |
| 55 Hudson Yards | New York, NY | Office | $371.7M | 2.95% | Dec 2029 | n/a | n/a | Current |
| Gateway Center North | Brooklyn, NY | Retail | $300.0M | 6.827% | Nov 2029 | n/a | n/a | Current |
| 640 5th Avenue | New York, NY | Mixed use | $288.6M | 6.129% | Jul 2029 | 2.35x | 90% | Current |
All loans maturing in 2029 · All New York-Newark-Jersey City loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.