The Real Deal New York

Eyal Ofer lands $140M refi for 410 Park

HSBC is the lender on the Midtown office building
By Konrad Putzier | December 11, 2017 05:50PM

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.