facebook
Traded Co logo
Submit

John Legend & Chrissy Teigen Sell Nolita Duplex For $18M With Brokers Noble Black & Jennifer Stillman

Property Image
SOLD
$4,100,000
Oren Alexander
+ 1

New York

See Similar Deals
Other3,800 SF
Sold 09/16/2020
the dealplayerscompscontact
Property Image
SOLD

John Legend & Chrissy Teigen Sell Nolita Duplex For $18M With Brokers Noble Black & Jennifer Stillman

55 Prince St, New York, NY 10012, USA

See Similar Deals
Other3,800 SF
Sold 09/16/2020
Oren Alexander
+ 1
Contact now

Summary

NEW YORK
Asset Type:Other
Price Per Square Foot:$1,078
Total Square Footage:3,800 SF
Transaction Type:Sale

The duplex property located in Nolita has been sold in a closed transaction. The property was sold by John Legend and Chrissy Teigen. The deal was facilitated by brokers Noble Black, Jennifer Stillman, David Son, and Cory Cahlon from Douglas Elliman. The sale price for the property was $18,000,000. The property spans an area of 6,000 square feet, resulting in a price per square foot of $3,000.

Summary of transaction details

  • Property Type: Duplex
  • Transaction Amount: $18,000,000
  • Market: Nolita
  • Seller: John Legend & Chrissy Teigen
  • Brokers: Noble Black, Jennifer Stillman, David Son & Cory Cahlon - Douglas Elliman
  • Square Footage: 6,000
  • Price per Square Foot: $3,000

The sale of this duplex property in Nolita was made possible by the collaborative efforts of brokers Noble Black, Jennifer Stillman, David Son, and Cory Cahlon from Douglas Elliman. Their expertise and negotiation skills played a crucial role in ensuring a successful transaction. The sale price of $18,000,000 reflects the desirability and value of this property, which spans an expansive 6,000 square feet.

Players

Oren Alexander
106 deals$2B volume(305) 610-4559
BROKER

Tal Alexander
Official
83 deals$1.8B volume(212) 951-0071
BROKER

Douglas Elliman
BROKERAGE


5 deals$63.4M volume
SELLER

Details

SOLD
IMAGE: Noble Black, Jennifer Stillman, Chrissy Teigen, John Legend, David Son & Cory Cahlon DATE: 04/25/2022 MARKET: Nolita ASSET TYPE: Duplex SELLER: John Legend & Chrissy Teigen BROKERS: Noble Black, Jennifer Stillman, David Son & Cory Cahlon - Douglas Elliman SALE PRICE: $18,000,000 SF: 6,000 ~ PPSF: $3,000

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$218,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,566.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,436.09
Annual Debt Service$233,233.10