Updated Oct 28, 2024
Sandi Feinberg Acquires 140 Kings Rd Single Family In Palm Beach For $11.5M
140 Kings Rd, Palm Beach, FL, USA
$11,500,000
$2,051/SF
Building Size
5,606 SF
Asset Type
Single Family Residence
Closing
Apr 28, 2021
About this deal
AI
A single-family property located at 140 Kings Rd in Palm Beach has been sold in a recent transaction. The property spans 5,606 square feet and was sold at a price of $11,500,000. This translates to a price per square foot of $2,051.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $11,500,000
- Address: 140 Kings Rd
- Market: Palm Beach
The buyer of this property was Sandi Feinberg. Representing the buyer in this deal was Dana Koch from The Corcoran Group. The seller of the property, Morton A. Pierce, was represented by Stephanie Lefes from Sotheby's Intl. Realty, Inc.
On the Map
$11,500,000
$2,051/SF
Single Family Residence
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Players
Palm Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2.1K per square foot on a published $11.5M for 5,606 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93