Bad Bunny Rents Luxurious Penthouse In West Chelsea For $150,000/month
Building Size
4,552 SF
Asset Type
Condo
Closing
Oct 10, 2023
AI
Global pop star and rapper Bad Bunny has rented a luxurious penthouse in West Chelsea, Manhattan for $150,000 per month. The condo spans 4,552 square feet and is located in the sought-after market of West Chelsea, Manhattan.
Summary of Transaction Details:
- Property Type: Condo
- Asking Rent: $150,000/month
- Square Footage: 4,552
- Tenant: Bad Bunny
- Brokers: Celine Coudert de Besson, Chase Landow, Kristina Paces, and Ryan Serhant - SERHANT
Celebrity real estate representative Ryan Serhant, along with brokers Celine Coudert de Besson, Chase Landow, and Kristina Paces, facilitated the leasing deal on behalf of Bad Bunny. The penthouse offers a luxurious living experience with its high-end amenities and prime location in West Chelsea. It is worth noting that Bad Bunny is frequently seen with his girlfriend, Kendall Jenner, who may also enjoy the lavish surroundings of their new New York City residence.
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93