CELEBRITY REAL ESTATE: Janet Jackson has sold her New York Apartment, which she initially listed for $8.995 million at the final sale amount of $8.8 Million, thereby making a whooping cash out of over $6 Million, Clariform has learnt.
WHAT WE KNOW
The American legendary singer and pop star has succeed in offloading a property she owned for 25years at a very close price to her desired selling price when it was listed in April. The property is a condo located at Central Park West condo in New York.
It was first listed for sale by the singer in April and was sold quite fast and close to her listing amount, which was in the sum of $8.995.
Clariform has gathered that Janet Jackson the “Miss You Much” and “Together Again” singer bought the condo in 1998 for $2.8 million meaning she held the Central Park West property for roughly 25 years.
Available record according to The Wall Street Journal shows that “the buyer is listed in property records as Nanyang Real Estate Holding, a limited liability company.”
“The roughly 2,100-square-foot home has three bedrooms. With views of Central Park and Billionaires’ Row, it has a wood-paneled library and an open-plan living and dining room.”
“In an April statement, Ms. Jackson said she had always treasured the home: “Stepping through its threshold instantly made me feel so tranquil and at peace”, the paper reports.
At a selling price of $8.8, Ms Jackson has cashed out about $6.195 in possible sales profit (excluding other unknown contingencies), after 25 years of holding the property.
So, though the American singer had wanted more by listing at the price of $8.995, but by selling at very closer amount of $8.8, she came out with what many investors will consider a great deal within about four months of listing.
