facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Loan

/

575 Amsterdam Avenue

A&E Real Estate Refinances 266-Unit Multifamily At 575 Amsterdam Avenue With Invesco Loan For $133M
FINANCEDMultiFamily

A&E Real Estate Refinances 266-Unit Multifamily At 575 Amsterdam Avenue With Invesco Loan For $133M

575 Amsterdam Avenue

$133,000,000

$409/SF

Building Size

324,992 SF

Asset Type

MultiFamily

Closing

Oct 14, 2025

AI

A&E Real Estate refinanced its multifamily asset located at 575 Amsterdam Avenue, situated in Manhattan’s Upper West Side. The property consists of 266 residential units within a total square footage of 324,992. The refinancing was executed with a substantial loan amount of $133 million.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $133,000,000
  • Address: 575 Amsterdam Avenue
  • Market: Upper West Side
  • Lender: Invesco
  • Landlord: James Patchett - A&E Real Estate
  • Loan Type: Refinance

In this transaction, James Patchett represented A&E Real Estate in securing the refinancing with Invesco, highlighting the collaboration between the landlord and the lender in managing financial strategies for the multifamily building.

Players

Invesco
InvescoLender

James Patchett

A&E Real Estate

Landlord

$580.4M

vol

4 deals

Landlord
A&E Real Estate
A&E Real EstateLandlord

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.12%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93