v3.25.1
Mortgage Notes Payable, Net - Schedule of Mortgage Notes Payable, Net (Details)
$ in Thousands
Mar. 31, 2025
USD ($)
property
Dec. 31, 2024
USD ($)
Debt Instrument [Line Items]    
Mortgage notes payable, gross $ 350,000  
Mortgage notes payable, net $ 347,637 $ 347,384
Mortgages Note Payable    
Debt Instrument [Line Items]    
Encumbered Properties | property 6  
Mortgage notes payable, gross $ 350,000 350,000
Less: deferred financing costs, net (2,363) (2,616)
Mortgage notes payable, net $ 347,637 347,384
Effective Interest Rate 4.43%  
Mortgage note payable — 123 William Street | Mortgages Note Payable    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Mortgage notes payable, gross $ 140,000 140,000
Effective Interest Rate 4.74%  
Mortgage note payable — 1140 Avenue of the Americas | Mortgages Note Payable    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Mortgage notes payable, gross $ 99,000 99,000
Effective Interest Rate 4.18%  
400 E. 67th Street - Laurel Condominium / 200 Riverside Boulevard - ICON Garage | Mortgages Note Payable    
Debt Instrument [Line Items]    
Encumbered Properties | property 2  
Mortgage notes payable, gross $ 50,000 50,000
Effective Interest Rate 4.59%  
Mortgage note payable — 8713 Fifth Avenue | Mortgages Note Payable    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Mortgage notes payable, gross $ 10,000 10,000
Effective Interest Rate 5.05%  
Mortgage note payable — 196 Orchard Street | Mortgages Note Payable    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Mortgage notes payable, gross $ 51,000 $ 51,000
Effective Interest Rate 3.85%