Kendrick Lamar Purchases $8.6M Triplex Penthouse In Brooklyn Bridge Park
90 Furman Street
$8,600,000
$2,738/SF
Building Size
3,140 SF
Asset Type
Condo
Closing
Nov 6, 2023
AI
Rapper Kendrick Lamar has purchased a triplex penthouse at Brooklyn's Pierhouse for a price of $8.6 million. The condo, located at Brooklyn Bridge Park, offers a spacious 3,140 square feet of living space. With a price per square foot of $2,739, this luxury property provides an exquisite living experience.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $8,600,000
- Square Footage: 3,140
- Price Per Square Foot: $2,739
- Market: Brooklyn Bridge Park
In this deal, Kendrick Lamar was represented by Rachel Glazer from Compass. The broker involved in the transaction was Jonathan R. Stein from Douglas Elliman. It is worth noting that other notable celebrities, such as Matt Damon and Amy Schumer, also own condos in the same area.
Players
Brooklyn Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.84%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93