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
About this deal
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.
On the Map
$18,000,000
Other
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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