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Nolita, New York City, New ...

John Legend & Chrissy Teigen Sell Nolita Duplex For $18M With Douglas Elliman Brokers
SOLDOther

John Legend & Chrissy Teigen Sell Nolita Duplex For $18M With Douglas Elliman Brokers

Nolita, New York City, New York, United States

$18,000,000

Building Size

Asset Type

Other

Closing

Apr 24, 2022

AI

Located in the vibrant neighborhood of Nolita, this recently sold duplex property is making waves in the market. Owned by power couple John Legend and Chrissy Teigen, the property showcases luxury and elegance. With a spacious interior covering approximately 6,000 square feet, this duplex offers ample living space for its new owners. The sale price for this remarkable property was set at $18,000,000, resulting in a price per square foot of $3,000.

Summary of Transaction Details:

  • Property Type: Duplex
  • Transaction Amount: $18,000,000
  • Neighborhood: Nolita
  • Square Footage: 6,000

The deal was facilitated by the esteemed team at Douglas Elliman, including brokers Noble Black, Jennifer Stillman, David Son, and Cory Cahlon. Their expertise and extensive network played a key role in the successful transaction. With their guidance, John Legend and Chrissy Teigen were able to secure a lucrative deal for their remarkable duplex property.

Players

Jennifer Kaufman Stillman

Douglas Elliman

Broker

$43.6M

vol

3 deals

Broker

John Legend

Seller

$63.4M

vol

6 deals

Seller

New York Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.88%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93