Kilambi News
Monday, October 19, 2026

534 FLATBUSH AVE-BROOKLYN (CSMC 2016-NXSR Commercial Mortgage Trust)

Page built October 19, 2026

Property, terms, monthly financial history and surveillance record for a loan in CSMC 2016-NXSR Commercial Mortgage Trust.

Data as of loan data through September 2026; ratings as held in the dataset at 2026-10-13

← CSMC 2016-NXSR Commercial Mortgage Trust · Loan annex · CMBS market

Deal
CSMC 2016-NXSR Commercial Mortgage Trust
Current balance
$4.1M (September 2026)
Share of deal
1.5%
Status
90+ days delinquent
DSCR (latest)
0.91
Occupancy (latest)
100%
Scheduled maturity
2026-12-06

Property and terms

Property534 FLATBUSH AVE-BROOKLYN
Address534 FLATBUSH AVENUE; Brooklyn, NY 11225
Property typeMixed use
Units, beds or keysnot yet reported
Net rentable square feet11,700
Year built1931
Year last renovated2002
Original balance$4.6M
Current balance$4.1M (September 2026)
Share of deal balance1.5%
Interest rate at origination5.32%
Current interest rate5.32%
Origination date11-29-2016
Original term120 months
Amortization term360 months
Interest-only periodnot yet reported
Scheduled maturity2026-12-06
Prepayment lockout end01-05-2019
Yield maintenance endnot yet reported
ServicerTrimont LLC
Loan servicernot yet reported
OriginatorColumn Financial, Inc.
Current status90+ days delinquent
Specially serviced nowYes
DefeasedNo

Valuation

BasisAmountDateSource (as filed)
At securitization$7.7M10-05-2016MAI
Most recent reported$4.1M2025-07-28MAI

Change from securitization to the most recent reported valuation: -46.8%.

$0$2,079,000$4,158,000$6,237,000$8,316,0002022202320242025

Largest tenants

TenantSquare feetLease expiration
Taqueria Maxicano Grill2,55012-31-2019
Wholesome Foods2,40009-30-2027
Residential2,35007-27-2021

The three largest tenants as reported in the latest asset-level record.

Monthly history

$0$1,246,172$2,492,345$3,738,517$4,984,69020172018201920202021202220232024202520260.00.40.81.21.72017201820192020202120222023202420252026
MonthBalanceStatusRateDSCR (NCF)DSCR (NOI)OccupancyAdvancesFinancial period endRevenueExpensesNOINCF
December 2016$0Current5.32%1.331.39not yet reported$010-31-2016$601,680$174,067$427,613$410,813
January 2017$4.6MCurrent5.32%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
February 2017$4.6MCurrent5.32%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
March 2017$4.6MCurrent5.32%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
April 2017$4.6M30-59 days delinquent5.32%not yet reportednot yet reportednot yet reported$51,393not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
May 2017$4.6MCurrent5.32%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
June 2017$4.6MCurrent5.32%1.541.58100%$003-31-2017$166,400$44,838$121,562$118,909
July 2017$4.6MMatured balloon, non-performing5.32%1.541.58100%$25,69603-31-2017$166,400$44,838$121,562$118,909
August 2017$4.6MCurrent5.32%1.531.57100%$006-30-2017$332,820$90,746$242,074$236,765
September 2017$4.6MCurrent5.32%1.531.57100%$006-30-2017$332,820$90,746$242,074$236,765
October 2017$4.6MCurrent5.32%1.511.54100%$009-30-2017$499,215$90,746$357,183$349,218
November 2017$4.6MCurrent5.32%1.511.54100%$009-30-2017$499,215$142,032$357,183$349,218
December 2017$4.6MCurrent5.32%1.511.54100%$009-30-2017$499,215$142,032$357,183$349,218
January 2018$4.6MCurrent5.32%1.511.54100%$009-30-2017$499,215$142,032$357,183$349,218
February 2018$4.5MCurrent5.32%1.511.54100%$009-30-2017$499,215$142,032$357,183$349,218
March 2018$4.5MCurrent5.32%1.511.54100%$009-30-2017$499,215$142,032$357,183$349,218
April 2018$4.5MMatured balloon, non-performing5.32%not yet reportednot yet reportednot yet reported$25,696not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
May 2018$4.5MCurrent5.32%1.491.53100%$003-31-2018$167,915$50,027$117,888$115,235
June 2018$4.5MCurrent5.32%1.491.53100%$003-31-2018$167,915$50,027$117,888$115,235
July 2018$4.5MCurrent5.32%1.491.53100%$003-31-2018$167,915$50,027$117,888$115,235
August 2018$4.5MCurrent5.32%1.491.53100%$006-30-2018$335,835$100,158$235,677$230,368
September 2018$4.5MCurrent5.32%1.491.53100%$006-30-2018$335,835$100,158$235,677$230,368
October 2018$4.5MCurrent5.32%1.491.52100%$009-30-2018$503,735$150,974$352,761$344,796
November 2018$4.5MCurrent5.32%1.491.52100%$009-30-2018$503,735$150,974$352,761$344,796
December 2018$4.5MCurrent5.32%1.491.52100%$009-30-2018$503,735$150,974$352,761$344,796
January 2019$4.5MCurrent5.32%1.491.52100%$009-30-2018$503,735$150,974$352,761$344,796
February 2019$4.5MMatured balloon, non-performing5.32%1.491.52100%$25,69609-30-2018$503,735$150,974$352,761$344,796
March 2019$4.5M30-59 days delinquent5.32%1.431.47100%$51,39412-31-2018$671,625$218,739$452,886$442,265
April 2019$4.5MCurrent5.32%1.431.47100%$012-31-2018$671,625$218,739$452,886$442,265
May 2019$4.5MCurrent5.32%1.411.45100%$003-31-2019$167,885$56,199$111,686$109,030
June 2019$4.5MCurrent5.32%1.411.45100%$003-31-2019$167,885$56,199$111,686$109,030
July 2019$4.5MMatured balloon, non-performing5.32%1.411.45100%$25,69703-31-2019$167,885$56,199$111,686$109,030
August 2019$4.5MMatured balloon, non-performing5.32%1.431.46100%$25,69606-30-2019$335,835$110,613$225,222$219,913
September 2019$4.4MMatured balloon, non-performing5.32%1.431.46100%$25,69606-30-2019$335,835$110,613$225,222$219,913
October 2019$4.4MCurrent5.32%1.431.46100%$006-30-2019$335,835$110,613$225,222$219,913
November 2019$4.4MMatured balloon, non-performing5.32%1.421.45100%$25,69609-30-2019$501,340$165,763$335,577$327,612
December 2019$4.4MMatured balloon, non-performing5.32%1.421.45100%$25,69709-30-2019$501,340$165,763$335,577$327,612
January 2020$4.4M30-59 days delinquent5.32%1.421.45100%$51,39309-30-2019$501,340$165,763$335,577$327,612
February 2020$4.4M60-89 days delinquent5.32%1.421.45100%$77,09009-30-2019$501,340$165,763$335,577$327,612
March 2020$4.4MCurrent5.32%1.371.40100%$012-31-2019$668,035$235,669$432,366$421,745
April 2020$4.4MCurrent5.32%1.371.40100%$012-31-2019$668,035$235,669$432,366$421,745
May 2020$4.4MMatured balloon, non-performing5.32%1.371.40100%$25,69712-31-2019$668,035$235,669$432,366$421,745
June 2020$4.4MMatured balloon, non-performing5.32%1.371.40100%$25,69612-31-2019$668,035$235,669$432,366$421,745
July 2020$4.4M30-59 days delinquent5.32%1.371.40100%$51,39303-31-2020$169,350$61,144$108,206$105,553
August 2020$4.4M60-89 days delinquent5.32%1.371.40100%$51,39303-31-2020$169,350$61,144$108,206$105,553
September 2020$4.4MMatured balloon, non-performing5.32%0.981.0178%$25,69606-30-2020$274,250$117,687$156,563$151,254
October 2020$4.4M30-59 days delinquent5.32%0.981.0178%$51,39406-30-2020$274,250$117,687$156,563$151,254
November 2020$4.4M30-59 days delinquent5.32%0.981.0178%$51,39406-30-2020$274,250$117,687$156,563$151,254
December 2020$4.4MMatured balloon, non-performing5.32%0.981.0178%$25,69706-30-2020$274,250$117,687$156,563$151,254
January 2021$4.4MMatured balloon, non-performing5.32%0.930.96100%$25,69709-30-2020$399,750$177,629$222,121$214,155
February 2021$4.4MMatured balloon, non-performing5.32%0.930.96100%$25,69709-30-2020$399,750$177,629$222,121$214,155
March 2021$4.4M30-59 days delinquent5.32%0.490.5385%$51,39512-31-2020$407,900$245,389$162,511$151,890
April 2021$4.3MMatured balloon, non-performing5.32%0.490.5385%$25,69712-31-2020$407,900$245,389$162,511$151,890
May 2021$4.3M30-59 days delinquent5.32%0.490.5385%$51,39412-31-2020$407,900$245,389$162,511$151,890
June 2021$4.3MCurrent5.32%0.490.5385%$012-31-2020$407,900$245,389$162,511$151,890
July 2021$4.3MMatured balloon, non-performing5.32%0.850.88100%$25,69703-31-2021$130,050$61,933$68,117$65,462
August 2021$4.3MMatured balloon, non-performing5.32%0.850.88100%$25,69703-31-2021$130,050$61,933$68,117$65,462
September 2021$4.3M30-59 days delinquent5.32%0.770.81100%$51,39406-30-2021$246,075$121,346$124,730$119,419
October 2021$4.3M30-59 days delinquent5.32%0.770.81100%$51,39406-30-2021$246,075$121,346$124,730$119,419
November 2021$4.3M60-89 days delinquent5.32%0.910.95100%$77,09109-30-2021$402,075$182,447$219,628$211,662
December 2021$4.3M90+ days delinquent5.32%0.910.95100%$102,78909-30-2021$402,075$182,447$219,628$211,662
January 2022$4.3M90+ days delinquent5.32%0.910.95100%$128,48609-30-2021$402,075$182,447$219,628$211,662
February 2022$4.3MMatured balloon, non-performing5.32%0.910.95100%$25,69709-30-2021$402,075$182,447$219,628$211,662
March 2022$4.3MMatured balloon, non-performing5.32%0.910.95100%$25,69909-30-2021$402,075$182,447$219,628$211,662
April 2022$4.3M30-59 days delinquent5.32%0.910.95100%$51,39609-30-2021$402,075$182,447$219,628$211,662
May 2022$4.3M60-89 days delinquent5.32%0.910.95100%$77,09309-30-2021$402,075$182,447$219,628$211,662
June 2022$4.3M90+ days delinquent5.32%0.910.95100%$102,79009-30-2021$402,075$182,447$219,628$211,662
July 2022$4.2M30-59 days delinquent5.32%0.910.95100%$51,39509-30-2021$402,075$182,447$219,628$211,662
August 2022$4.2M60-89 days delinquent5.32%0.910.95100%$77,09209-30-2021$402,075$182,447$219,628$211,662
September 2022$4.2M90+ days delinquent5.32%0.910.95100%$102,78909-30-2021$402,075$182,447$219,628$211,662
October 2022$4.2M90+ days delinquent5.32%0.910.95100%$128,48709-30-2021$402,075$182,447$219,628$211,662
November 2022$4.2M90+ days delinquent5.32%0.910.95100%$154,18409-30-2021$402,075$182,447$219,628$211,662
December 2022$4.2M90+ days delinquent5.32%0.910.95100%$179,88209-30-2021$402,075$182,447$219,628$211,662
January 2023$4.2MMatured balloon, non-performing5.32%0.910.95100%$25,69709-30-2021$402,075$182,447$219,628$211,662
February 2023$4.2MMatured balloon, non-performing5.32%0.910.95100%$25,69709-30-2021$402,075$182,447$219,628$211,662
March 2023$4.2M30-59 days delinquent5.32%0.910.95100%$51,39609-30-2021$402,075$182,447$219,628$211,662
April 2023$4.2MMatured balloon, non-performing5.32%0.910.95100%$25,69709-30-2021$402,075$182,447$219,628$211,662
May 2023$4.2M30-59 days delinquent5.32%0.910.95100%$51,39509-30-2021$402,075$182,447$219,628$211,662
June 2023$4.2M60-89 days delinquent5.32%0.910.95100%$77,09309-30-2021$402,075$182,447$219,628$211,662
July 2023$4.2MMatured balloon, non-performing5.32%0.910.95100%$25,69809-30-2021$402,075$182,447$219,628$211,662
August 2023$4.1MCurrent5.32%0.910.95100%$009-30-2021$402,075$182,447$219,628$211,662
September 2023$4.1MCurrent5.32%0.910.95100%$009-30-2021$402,075$182,447$219,628$211,662
October 2023$4.1MCurrent5.32%0.910.95100%$009-30-2021$402,075$182,447$219,628$211,662
November 2023$4.1MCurrent5.32%0.910.95100%$009-30-2021$402,075$182,447$219,628$211,662
December 2023$4.1MMatured balloon, non-performing5.32%0.910.95100%$25,69809-30-2021$402,075$182,447$219,628$211,662
January 2024$4.1MCurrent5.32%0.910.95100%$009-30-2021$402,075$182,447$219,628$211,662
February 2024$4.1MCurrent5.32%0.910.95100%$009-30-2021$402,075$182,447$219,628$211,662
March 2024$4.1MMatured balloon, non-performing5.32%0.910.95100%$25,69909-30-2021$402,075$182,447$219,628$211,662
April 2024$4.1MMatured balloon, non-performing5.32%0.910.95100%$25,69809-30-2021$402,075$182,447$219,628$211,662
May 2024$4.1M30-59 days delinquent5.32%0.910.95100%$51,39609-30-2021$402,075$182,447$219,628$211,662
June 2024$4.1M60-89 days delinquent5.32%0.910.95100%$51,39609-30-2021$402,075$182,447$219,628$211,662
July 2024$4.1M90+ days delinquent5.32%0.910.95100%$77,09409-30-2021$402,075$182,447$219,628$211,662
August 2024$4.1M90+ days delinquent5.32%0.910.95100%$100,39309-30-2021$402,075$182,447$219,628$211,662
September 2024$4.1M90+ days delinquent5.32%0.910.95100%$123,76909-30-2021$402,075$182,447$219,628$211,662
October 2024$4.1MMatured balloon, non-performing5.32%0.910.95100%$25,69809-30-2021$402,075$182,447$219,628$211,662
November 2024$4.1M30-59 days delinquent5.32%0.910.95100%$51,39609-30-2021$402,075$182,447$219,628$211,662
December 2024$4.1M60-89 days delinquent5.32%0.910.95100%$72,37309-30-2021$402,075$182,447$219,628$211,662
January 2025$4.1M90+ days delinquent5.32%0.910.95100%$95,67209-30-2021$402,075$182,447$219,628$211,662
February 2025$4.1M90+ days delinquent5.32%0.910.95100%$116,64909-30-2021$402,075$182,447$219,628$211,662
March 2025$4.1M90+ days delinquent5.32%0.910.95100%$140,18109-30-2021$402,075$182,447$219,628$211,662
April 2025$4.1M90+ days delinquent5.32%0.910.95100%$163,48009-30-2021$402,075$182,447$219,628$211,662
May 2025$4.1M90+ days delinquent5.32%0.910.95100%$186,85609-30-2021$402,075$182,447$219,628$211,662
June 2025$4.1M90+ days delinquent5.32%0.910.95100%$208,73809-30-2021$402,075$182,447$219,628$211,662
July 2025$4.1M90+ days delinquent5.32%0.910.95100%$233,53209-30-2021$402,075$182,447$219,628$211,662
August 2025$4.1M90+ days delinquent5.32%0.910.95100%$255,74109-30-2021$402,075$182,447$219,628$211,662
September 2025$4.1M90+ days delinquent5.32%0.910.95100%$277,95109-30-2021$402,075$182,447$219,628$211,662
October 2025$4.1M90+ days delinquent5.32%0.910.95100%$300,27409-30-2021$402,075$182,447$219,628$211,662
November 2025$4.1M90+ days delinquent5.32%0.910.95100%$322,48409-30-2021$402,075$182,447$219,628$211,662
December 2025$4.1M90+ days delinquent5.32%0.910.95100%$344,80609-30-2021$402,075$182,447$219,628$211,662
January 2026$4.1M90+ days delinquent5.32%0.910.95100%$367,01609-30-2021$402,075$182,447$219,628$211,662
February 2026$4.1M90+ days delinquent5.32%0.910.95100%$389,22609-30-2021$402,075$182,447$219,628$211,662
March 2026$4.1M90+ days delinquent5.32%0.910.95100%$411,77509-30-2021$402,075$182,447$219,628$211,662
April 2026$4.1M90+ days delinquent5.32%0.910.95100%$433,98509-30-2021$402,075$182,447$219,628$211,662
May 2026$4.1M90+ days delinquent5.32%0.910.95100%$456,30809-30-2021$402,075$182,447$219,628$211,662
June 2026$4.1M90+ days delinquent5.32%0.910.95100%$456,30809-30-2021$402,075$182,447$219,628$211,662
July 2026$4.1M90+ days delinquent5.32%0.910.95100%$456,30809-30-2021$402,075$182,447$219,628$211,662
August 2026$4.1M90+ days delinquent5.32%0.910.95100%$114,58409-30-2021$402,075$182,447$219,628$211,662
September 2026$4.1M90+ days delinquent5.32%0.910.95100%$114,58409-30-2021$402,075$182,447$219,628$211,662

Revenue, expenses, net operating income (NOI) and net cash flow (NCF) are the most recent financials reported as of each month, for the financial period ending on the date shown. DSCR is debt service coverage on the net cash flow and net operating income bases as reported.

Status timeline

DateEvent
April 2017First reported 30 or more days delinquent
2021-10-18Transferred to the special servicer

Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.