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
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.
Players
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