KKR Secures $500M Refinancing From Bank Of America For Condos At 30 Hudson Yards
30 Hudson Yards
$500,000,000
Building Size
—
Asset Type
Condo
Closing
Dec 9, 2025
AI
Two office condos located at 30 Hudson Yards, Manhattan, were involved in this transaction, which encompasses a total area of 253,982 square feet. The refinancing for these condos was valued at $500,000,000.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $500,000,000
- Lender: Bank of America
- Landlord: Joseph Bae - KKR
KKR & Co., through KKR HY Owner LLC, was the party that secured the refinancing from Bank of America, emphasizing the involvement of notable corporate entities in this transaction.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.03%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93