Gotham Organization And Carlyle Group Refinanced Mixed-Use Building At 150 Amsterdam Avenue For $216.3M
150 Amsterdam Avenue
$216,300,000
Building Size
—
Asset Type
Mixed-use
Closing
Nov 12, 2025
AI
The asset involved in this transaction is a mixed-use building located at 150 Amsterdam Avenue in the Lincoln Square market of Manhattan. The property includes 310 residential units and retail space, and it was refinanced for a total loan amount of $216,300,000. The refinancing was conducted through Natixis.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $216,300,000
- Lender: Natixis
- Landlord: David L. Picket - Gotham Organization
- Landlord: Harvey Schwartz - Carlyle Group
- Loan Type: Refinance
The key individuals involved in this transaction are David L. Picket of Gotham Organization and Harvey Schwartz of Carlyle Group, both of whom play a significant role in the management and ownership of the property being refinanced.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.07%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93