Other · New York, New York
West 12th Street Tenants Corp.
West 12th Street Tenants Corp. is financed with a $1.2M CMBS loan at 6.08% that reaches maturity on February 1, 2036, in 9 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $1,200,000
- Original balance (same notes)
- $1,200,000
- Interest rate
- 6.08% fixed
- Originated
- January 28, 2026
- Maturity
- February 1, 2036
- Payments
- Interest only for the full term
- Prepayment premium ends
- February 1, 2036
- Master servicer
- NCB
- Originator
- NATIONAL COOPERATIVE BANK N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 44 and 48 W 12th St, New York, NY 10011
- Metro
- New York-Newark-Jersey City, NY-NJ
- Units, rooms or beds
- 16
- Built
- 1900, renovated 2006
- Value at securitization
- $20.9M (Jan 2026)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 12.55x | n/a |
| Occupancy | 96% | n/a |
| Net operating income | $928K | n/a |
Watch flags
Computed from the Benchmark 2026-B42 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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.
The last 7 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $1.2M | Current | No | n/a | n/a |
| August 2026 | $1.2M | Current | No | n/a | n/a |
| July 2026 | $1.2M | Current | No | n/a | n/a |
| June 2026 | $1.2M | Current | No | n/a | n/a |
| May 2026 | $1.2M | Current | No | n/a | n/a |
| April 2026 | $1.2M | Current | No | n/a | n/a |
| March 2026 | $1.2M | Current | No | n/a | n/a |
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.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2026-B42 Mortgage Trust | 60 | $1,200,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other New York-Newark-Jersey City loans due in 2036
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| One Dag | New York, NY | Office | $134.9M | 6.761% | Jun 2036 | n/a | n/a | Late, less than 30 days |
| 1600 Broadway | New York, NY | Retail | $98.0M | 3.451% | May 2036 | 2.60x | 100% | Current |
| 50 West 23rd Street | New York, NY | Mixed use | $83.0M | 6.46% | Feb 2036 | n/a | n/a | Current |
| 215 Park Ave South | New York, NY | Office | $70.0M | 6.055% | Mar 2036 | n/a | n/a | Current |
| 10 Union Square East | New York, NY | Retail | $53.5M | 5.59% | Apr 2036 | n/a | n/a | Current |
| Downtown 33 | Monsey, NY | Office | $45.9M | 7.306% | May 2036 | n/a | n/a | Current |
| 360 East 72nd Street Co-Op | New York, NY | Multifamily | $42.0M | 5.134% | Apr 2036 | n/a | n/a | Current |
| 215 Park Avenue South | New York, NY | Office | $38.0M | 6.055% | Mar 2036 | n/a | n/a | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.