property record · Office
488 Madison Avenue
Commercial property in New York, New York 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 |
|---|---|---|---|---|---|
| 2026-03-31 | 2,267,838 | 5,461,214 | 3,193,376 | 1.32 | evidence → |
| 2025-12-31 | 9,880,143 | 22,757,780 | 12,877,637 | 1.42 | evidence → |
| 2025-09-30 | 5,564,929 | 15,254,034 | 9,689,105 | 1.07 | evidence → |
| 2025-06-30 | 3,606,732 | 9,893,365 | 6,286,633 | 1.04 | evidence → |
| 2024-12-31 | 8,392,657 | 20,826,418 | 12,433,761 | 1.27 | evidence → |
| 2024-09-30 | 14,759,088 | 29,147,680 | 14,388,591 | 2.82 | evidence → |
| 2024-03-31 | 15,580,226 | 27,471,037 | 11,890,811 | 2.23 | evidence → |
Property record
| Field | Value | Source |
|---|---|---|
| collateral of | {"trust_cik": "0002024274", "entity_ref": "1d6ecc35-2ac7-4395-be6f-4fe6001c0f85", "originator": "German Americ | evidence → |
| loan payment status | {"label": "Current", "value": "0", "loan_id": "10"} | evidence → |
| address | {"zip": "10022", "city": "New York", "state": "NY", "county": "New York", "address": "488 Madison Avenue"} | evidence → |
| occupancy | {"basis": "most_recent", "value": 0.85} | evidence → |
| sqft | {"basis": "most_recent", "value": 481245} | 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": 220000000, "source": "MAI", "currency": "USD", "source_label": "Appraisa | evidence → |
| year built | {"value": 1950, "renovated": 2023} | evidence → |