Office · Woodbury, New York
Woodbury Medical Office
Woodbury Medical Office is financed with a $24.5M CMBS loan at 4.67% that reaches maturity on December 6, 2028, in 2 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $24,500,000
- Original balance (same notes)
- $24,500,000
- Interest rate
- 4.67% fixed
- Originated
- November 28, 2018
- Maturity
- December 6, 2028
- Payments
- Interest only for the full term
- Prepayment lockout ends
- July 5, 2028
- Master servicer
- Trimont LLC
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 800 Woodbury Road, 65, 105, 175 and 225 Froehlich Farm Road and 99 Sunnyside Boulevard, Woodbury, NY 11797
- Metro
- New York-Newark-Jersey City, NY-NJ
- Rentable area
- 192,915 sq ft
- Built
- 1978, renovated 2001
- Largest tenants
- EXAM WORKS INC; Day-op Center of long island; NEW YORK UNIVERSITY
- Value at securitization
- $37.4M (Oct 2018)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.73x | 2.30x |
| Occupancy | 92% | 83% |
| Net operating income (annualized from 3 months) | $3.2M | $2.7M |
| Debt yield | 10.9% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the BENCHMARK 2019-B9 MORTGAGE TRUST filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 2026.
- Coverage down 0.25x or more from securitization
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Occupancy has fallen from 92% when the loan was securitized to 83%.
- Net operating income is 16% below the underwritten figure ($2.7M a year against $3.2M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 2.73x at securitization to 2.30x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $24.5M | Current | No | 2.30x | 83% |
| August 2026 | $24.5M | Current | No | 2.30x | 83% |
| July 2026 | $24.5M | Current | No | 2.30x | 83% |
| June 2026 | $24.5M | Current | No | 2.30x | 83% |
| May 2026 | $24.5M | Current | No | 2.63x | 83% |
| April 2026 | $24.5M | Late payment but less than 30 days delinquent | No | 2.63x | 83% |
| March 2026 | $24.5M | Current | No | 2.24x | 95% |
| February 2026 | $24.5M | Current | No | 2.24x | 95% |
| January 2026 | $24.5M | Current | No | 2.24x | 95% |
| December 2025 | $24.5M | Current | No | 2.24x | 95% |
| November 2025 | $24.5M | Current | No | 2.18x | 95% |
| October 2025 | $24.5M | Current | No | 2.18x | 95% |
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 2019-B9 MORTGAGE TRUST | 13 | $24,500,000 | Sep 2026 | SEC filing, September 30, 2026 |
Other New York-Newark-Jersey City loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| One SoHo Square | New York, NY | Office | $469.0M | 2.725% | Aug 2028 | 1.78x | 85% | With the special servicer |
| 11 West 42nd Street | New York, NY | Office | $274.0M | 7.44% | Jul 2028 | 1.27x | 99% | Current |
| Harborside 2-3 | Jersey City, NJ | Office | $225.0M | 5.84% | Apr 2028 | 2.29x | 76% | Current |
| 3 Park Avenue | New York, NY | Office | $182.0M | 4.75% | Dec 2028 | 0.61x | 47% | Current |
| Gateway Center South | Brooklyn, NY | Retail | $162.5M | 6.873% | Jun 2028 | 1.69x | 98% | Current |
| 685 Fifth Avenue Retail | New York, NY | Retail | $160.0M | 3.871% | Jul 2028 | 3.13x | 100% | With the special servicer |
| 1745 Broadway | New York, NY | Office | $144.0M | 3.768% | Jun 2028 | 2.52x | 88% | Current |
| 65 Broadway, New York (2028 maturity), loan 4Sb in CF 2019-CF1 Mortgage Trust | New York, NY | Office | $136.0M | 4.935% | Dec 2028 | n/a | n/a | Current |
All loans maturing in 2028 · 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 September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.