Eyal Ofer lands $140M refi for 410 Park

HSBC is the lender on the Midtown office building

New York /
Dec.December 11, 2017 05:50 PM

410 Park Avenue and Eyal Ofer

Eyal Ofer’s Global Holdings refinanced 410 Park Avenue with a $140 million mortgage from HSBC, property records show.

The new loan replaces a $125 million mortgage from the same lender that was issued in 2013.

Global Holdings bought the 21-story, 250,000-square foot office building in 1995, according to its website. The building, located on the corner of East 55th Street, is home to a Ferrari store.

Last year, Global Holdings paid $565 million for The Office Tower 1250 Broadway. The firm financed the deal with a $330 million loan from HSBC.


Related Articles

arrow_forward_ios
Pandemic could cut assessed property values by 10%
Pandemic could cut assessed property values by 10%
Pandemic could cut assessed property values by 10%
817 Broadway and Taconic co-CEOs Charles Bendit and Paul Pariser (Taconic)
Taconic lands $125M refi for renovated Union Square office building
Taconic lands $125M refi for renovated Union Square office building
Lexington Hotel at 511 Lexington Avenue (Google Maps)
NYC hotels getting busier, but still struggling
NYC hotels getting busier, but still struggling
Illustration of Sam Zell of Equity Commonwealth (right) and Barry Sternlicht of Starwood (Illustration by Kevin Rebong for The Real Deal)
Monmouth Real Estate: We’ll sell to Zell, not Sternlicht
Monmouth Real Estate: We’ll sell to Zell, not Sternlicht
Instacart CEO Apoorva Mehta (Getty)
Instacart to build fulfillment centers near supermarkets
Instacart to build fulfillment centers near supermarkets
Blackstone eyes return to hotel business as real estate fuels strong Q2
Blackstone eyes return to hotel business as real estate fuels strong Q2
Blackstone eyes return to hotel business as real estate fuels strong Q2
A rendering of 19 Hausman Street (M Development)
Nightmare darkens for largest Brooklyn condo project of 2019
Nightmare darkens for largest Brooklyn condo project of 2019
Andrew Farkas of Island Capital and 511 Lexington Avenue (Island Capital, Google Maps)
Farkas buys Lexington Ave hotel for $185M
Farkas buys Lexington Ave hotel for $185M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...