The Real Deal Miami

Billionaire Hasbro heir sells Palm Beach penthouse for $13M

His sister bought the unit at Two North Breakers Row
By Katherine Kallergis | December 21, 2017 01:30PM

Two North Breakers Row and Alan Hassenfeld (Credit: Google Street View, Wikimedia Commons)

For the family that has access to all the toys they could ever want, why not gift a penthouse for the holidays?

Billionaire Hasbro heir Alan Hassenfeld sold his penthouse at 2 North Breakers Row to his sister, Ellen H. Block, for $13.25 million, property records show. Hassenfeld was chairman and CEO of the toy company from 1989 to 2008, and he officially became a billionaire earlier this year, according to Bloomberg.

Block, an occupational therapist who is also an heir to the Hasbro fortune, is involved in a number of philanthropic organizations.

Records show the 3,400-square-foot penthouse belonged to their mother, the late Sylvia Hassenfeld. The latest sale breaks down to nearly $3,900 per square foot.

Earlier this year, a unit in the building sold for $15.5 million, or more than $4,100 per square foot, marking the most expensive per-square-foot condo sale in Palm Beach.

Two North Breakers Row, built in 1986, is located near the Breakers resort. Amenities include access to the hotel’s gym, florist, hairstylist, manicurist and doorman, and members have access to the Breakers’ golf courses, tennis centers and private beach club.

In September, Alan Hassenfeld paid $8.2 million for a new condo at Palazzo del Sol on Fisher Island.