property record · Multifamily
115-123 Chestnut Street 40-50 Vesey Street, 1-15 Herman Street
Commercial property in Newark, Essex County, New Jersey. Income, occupancy and loan, each figure linked to the filing it comes from.
Operating income
As reported to the trustee. DSCR below 1.0 means the property does not cover its debt service.
| As of | NOI | Revenue | Expenses | DSCR | Source |
|---|---|---|---|---|---|
| 2025-09-30 | 1,596,545 | 2,152,473 | 555,928 | 1.18 | evidence → |
Property record
| Field | Value | Source |
|---|---|---|
| collateral of | {"trust_cik": "0002013825", "entity_ref": "62fea32a-0d8e-4670-8363-bb568efef38c", "originator": "Starwood Mort | evidence → |
| loan payment status | {"label": "Payment Not Received But Still in Grace Period", "value": "A", "loan_id": "18"} | evidence → |
| address | {"zip": "7105", "city": "Newark", "state": "NJ", "county": "Essex", "address": "115-123 Chestnut Street 40-50 | evidence → |
| occupancy | {"basis": "most_recent", "value": 0.95833333} | evidence → |
| status | {"label": "Same as at Securitization", "value": "6", "defeased_label": "No Defeasance Occurred", "defeased_sta | evidence → |
| type | {"label": "Multifamily", "value": "MF"} | evidence → |
| units | {"basis": "securitization", "value": 72} | evidence → |
| valuation | {"basis": "securitization", "amount": 33000000, "source": "MAI", "currency": "USD", "source_label": "Appraisal | evidence → |
| year built | {"value": 2023} | evidence → |