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265 Park Avenue

Ken Moreland-Pearce Sells Palm Beach SFR For $5.3M With Ryan Farbstein & Max Farbstein - Douglas Elliman
SOLDSingle Family Residence

Ken Moreland-Pearce Sells Palm Beach SFR For $5.3M With Ryan Farbstein & Max Farbstein - Douglas Elliman

265 Park Avenue

$5,275,000

$2,483/SF

Building Size

2,124 SF

Asset Type

Single Family Residence

Closing

Jan 13, 2023

AI

The recently closed property transaction at 265 Park Avenue in Palm Beach involved the sale of a single-family residence. The property spans 2,124 square feet, with a price per square foot of $2,484. The transaction was completed on January 13, 2023, for a total sale price of $5,275,000.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $5,275,000
  • Address: 265 Park Avenue, Palm Beach
  • Market: Palm Beach

The seller of the property was Ken Moreland-Pearce. Representing the seller in the deal were Ryan Farbstein and Max Farbstein from Douglas Elliman. They successfully facilitated the transaction on behalf of the seller.

These are the key individuals and companies involved in the property transaction at 265 Park Avenue in Palm Beach.

Players

Max Farbstein

Official

Broker

$92.8M

vol

13 deals

Broker

Market Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.01%

Cash-on-Cash

-0.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93