Regina Phalange LLC & Central Perk LLC Acquire Nolita Penthouse From John Legend & Chrissy Teigen For $16.75M
SOLD
$16,750,000
+ 3
New York
See Similar DealsOther
Sold 06/08/2022
SOLD
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
See Similar DealsOther
Sold 06/08/2022
+ 3
Summary
NEW YORK
Asset Type:Other
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$893,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$59,509.22
Cash-on-Cash Return-1.27%
Monthly Debt Service$79,403.55
Annual Debt Service$952,842.55
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