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property record · Multifamily

12 Northeast 188th Street

Commercial property in Miami, Miami-Dade County, Florida. Income, occupancy and loan, each figure linked to the filing it comes from.

TYPE: MultifamilySQ FT: 621,070BUILT: 1969Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/23f59df0-6ebf-4605-acc8-ab388700cb1d

Operating income

As reported to the trustee. DSCR below 1.0 means the property does not cover its debt service.

As ofNOIRevenueExpensesDSCRSource
2025-11-307,317,95211,025,9673,708,0161.28evidence →
2025-11-306,700,03910,630,3593,930,3191.17evidence →
2025-08-3114,445,37427,059,38712,614,0131.39evidence →
2025-08-319,854,93821,948,58212,093,6450.95evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0002093119", "entity_ref": "62b619d3-6c63-482b-a21f-ea3aba5e2d2b", "originator": "AREF2", "trusevidence →
loan payment status{"label": "Current", "value": "0", "loan_id": "3"}evidence →
address{"zip": "33179", "city": "Miami", "state": "FL", "county": "Miami-Dade", "address": "12 Northeast 188th Streetevidence →
occupancy{"basis": "most_recent", "value": 0.972}evidence →
sqft{"basis": "most_recent", "value": 621070}evidence →
status{"label": "Same as at Securitization", "value": "6", "defeased_label": "No Defeasance Occurred", "defeased_staevidence →
type{"label": "Multifamily", "value": "MF"}evidence →
units{"basis": "most_recent", "value": 468}evidence →
valuation{"basis": "securitization", "amount": 125200000, "source": "MAI", "currency": "USD", "source_label": "Appraisaevidence →
valuation{"basis": "most_recent", "amount": 235500000, "source": "MAI", "currency": "USD", "source_label": "Appraisal (evidence →
year built{"value": 1969, "renovated": 2022}evidence →