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Nolita, New York City, New ...

Updated Oct 29, 2024

Regina Phalange LLC & Central Perk LLC Acquire Nolita Penthouse From John Legend & Chrissy Teigen For $16.75M
SOLDOther

Regina Phalange LLC & Central Perk LLC Acquire Nolita Penthouse From John Legend & Chrissy Teigen For $16.75M

Nolita, New York City, New York, United States

$16,750,000

Building Size

—

Asset Type

Other

Closing

Jun 8, 2022

About this deal

AI

A penthouse located in Nolita has been sold for a price of $16,750,000. The property was recently bought by Regina Phalange LLC and Central Perk LLC from singer John Legend and model Chrissy Teigen. Represented by Kane Manera from the Corcoran Group, the buyers successfully closed the deal with the assistance of sellers' representatives, Noble Black, David Son, and Jennifer Stillman from Douglas Elliman.

Summary of transaction details

  • Property Type: Penthouse
  • Transaction Amount: $16,750,000
  • Market: Nolita

Further details about this transaction have not been provided.

On the Map

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$16,750,000

Other

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Players

Jennifer Kaufman Stillman

Douglas Elliman

Broker

$43.6M

vol

3 deals

Broker
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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

0.95%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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