Trilantic North America Acquires Penthouse At 150 Bradley Place In Palm Beach For $9.6M
150 Bradley Place, Palm Beach, FL, USA
$9,600,000
$2,910/SF
Building Size
3,299 SF
Asset Type
Other
Closing
Nov 1, 2020
About this deal
AI
150 Bradley Place in Palm Beach has been sold for $9,600,000 in a recent transaction. This penthouse property spans across 3,299 square feet, resulting in a price per square foot of $2,910. The sale took place on November 2, 2020, and the property was purchased by Charles Ayres from Trilantic North America. The seller, John Idol, represented Capri Holdings Limited in the deal.
Summary of transaction details
- Property Type: Penthouse
- Transaction Amount: $9,600,000
- Address: 150 Bradley Place, Palm Beach
- Square Footage: 3,299
- Price Per Square Foot: $2,910
Charles Ayres, representing Trilantic North America, acquired the property from John Idol, who acted as the representative of Capri Holdings Limited. The deal was completed without any additional information available.
Players
Palm Beach Other Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.65%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93