property record · Office
1021-1023 38th Street
Commercial property in Brooklyn, Kings County, New York. 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 |
|---|---|---|---|---|---|
| 2025-12-31 | 1,976,544 | 2,232,553 | 256,008 | 2.48 | evidence → |
| 2025-09-30 | 1,975,469 | 2,231,137 | 255,668 | 2.47 | evidence → |
| 2024-06-30 | 1,975,815 | 2,226,889 | 251,074 | 2.47 | evidence → |
| 2023-12-31 | 1,966,620 | 2,196,934 | 230,313 | 2.46 | evidence → |
| 2023-06-30 | 1,927,323 | 2,151,569 | 224,246 | 2.41 | evidence → |
| 2022-12-31 | 1,914,110 | 2,136,159 | 222,048 | 2.40 | evidence → |
Property record
| Field | Value | Source |
|---|---|---|
| collateral of | {"trust_cik": "0001912724", "entity_ref": "35f65f23-3c86-4b99-8da6-a586518089f9", "originator": "SMC", "trust_ | evidence → |
| loan payment status | {"label": "Current", "value": "0", "loan_id": "12"} | evidence → |
| address | {"zip": "11219", "city": "Brooklyn", "state": "NY", "county": "Kings", "address": "1021-1023 38th Street"} | evidence → |
| occupancy | {"basis": "most_recent", "value": 1} | evidence → |
| sqft | {"basis": "most_recent", "value": 56512} | evidence → |
| status | {"label": "Same as at Securitization", "value": "6", "defeased_label": "No Defeasance Occurred", "defeased_sta | evidence → |
| type | {"label": "Office", "value": "OF"} | evidence → |
| valuation | {"basis": "securitization", "amount": 32900000, "source": "MAI", "currency": "USD", "source_label": "Appraisal | evidence → |
| year built | {"value": 2019} | evidence → |