Britney Spears Former NY Penthouse on the Market Again!
When most celebrities, especially ones that are very well known in the pop culture, place their homes on the market buyers immediately flock to the property. Why? Ties to fame go a long way, especially when it comes to real estate!
It is a given if you have been keeping up with real estate transactions over the last year that a tie to fame can definitely help a property sale quicker. Imagine living in the former home of your favorite pop star or actress—creating memories in the exact same place they once lived!
However, even with Britney Spears’ tie to Penthouse 1109 the current owner is having issues finding a buyer, but the new (and lower!) asking price may do the trick!
Ms. Spears herself put her home on the market in 2004 and had to significantly drop the price multiple times before it finally sold in 2006. It seems the property’s curse lingers regardless of the seller as the current owner placed the property on the market for over $6.5 million in 2008 without any signs of hope. When the property last went off the market the asking price had dropped substantially to just under $5 million.
Now, the current homeowner is singing "I Wanna Go" as it places the penthouse back on the market for $4.895. This could be a great investment opportunity for a Spears fan or for investors seeking to utilize the buyers’ market to their advantage!
There is a high likelihood that a serious buyer could get this property for around $4.5 million with the property’s recent moves on and off the market with decreasing listing price. Investor? Spears fan? Here is your opportunity to strike while the market is hot!