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Pete Davidson's net worth down by $200K after slashing price of Staten Island condo

The property was originally purchased by Pete Davidson in April 2021 for $1.2 million so he could move out of his mother's house
UPDATED APR 29, 2023
Pete Davidson attends the Peacock's 'Bupkis' World Premiere at The Apollo Theater on April 27, 2023 in New York City (Roy Rochlin/Getty Images)
Pete Davidson attends the Peacock's 'Bupkis' World Premiere at The Apollo Theater on April 27, 2023 in New York City (Roy Rochlin/Getty Images)

LOS ANGELES, CALIFORNIA: Pete Davidson, the star and former member of the popular late-night comedy sketch show SNL, always garners headlines, sometimes with his dating rumors or with his upcoming project 'Bupkis'. This time around, the comedian's Staten Island condo is gathering attention, as Pete is struggling to let go of that house. In December of last year, Pete listed his luxury condo at a price of $1.3 million. However, on April 4 of this year, the listed price was reduced by 15% to $1.1 million.

This stunning property was originally purchased in April 2021 for $1.2 million and was intended for Pete to move out of his mother, Amy's house which he bought for $1.3 million in 2016. However, this $200K dip may not bother the comedian much, as his net worth this year is a staggering $8 million. Let's take a look at what made Pete's net worth climb so rapidly over the years.

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What is Pete Davidson's net worth?

Per Celebrity Net Worth, Pete Davidson's net worth in 2023 is approximately $8 million. Pete started his career in comedy at the young age of 16, when he performed his first stand-up gig at a bowling alley in Staten Island. His talent was spotted, and he soon made his first onscreen appearance on MTV's comedy series, 'Failosophy'. Davidson then went on to appear in various reality shows before finally getting his big break on Comedy Central's Gotham Comedy Live, which showcases upcoming comedians.

However, his breakthrough moment came when he joined the cast of "Saturday Night Live" in 2014, debuting on the show's 40th season premiere. As a main cast member, he has been with the show since 2014 and at his peak, earned $15,000 per episode. Assuming he appeared on all 21 episodes per year, he would make around $315,000 annually from SNL. The highest-paid cast members earn up to $25,000 per episode, which is roughly $500,000 per year. Pete Davidson's love for cars is well-known, as he has been an avid car enthusiast for many years.

He has an impressive collection of unique and high-end vehicles, some of which have made headlines. Among his luxury car collection are a Porsche 911 GT3 RS, a BMW i8, and a Mercedes-AMG GT. Davidson often shares photos of his cars on social media and has even incorporated them into his comedy routines. Beyond his personal collection, Davidson has also had the opportunity to drive some impressive vehicles while filming for movies and TV shows. In 'The King of Staten Island', he was seen behind the wheel of a vintage Pontiac Firebird, while in 'The Suicide Squad', he drove a Nissan GT-R. Davidson's love of cars has been a significant part of his life, and he has used his passion for vehicles to add a unique touch to his comedy and public persona. Overall, his cars have become an integral part of his image as a celebrity and a comedian.

Pete Davidson enters the pace car for the pace lap prior to the NASCAR Cup Series 65th Annual Daytona 500 at Daytona International Speedway on February 19, 2023 in Daytona Beach, Florida.
Pete Davidson enters the pace car for the pace lap prior to the NASCAR Cup Series 65th Annual Daytona 500 at Daytona International Speedway on February 19, 2023 in Daytona Beach, Florida (Chris Graythen/Getty Images)

How many houses does Pete Davidson own?

Thanks to his success in comedy, Pete Davidson was able to purchase a $1.3 million home on Staten Island, New York, for his mother in 2016. In December 2020, he treated himself to a luxurious $1.2 million condo with a waterfront view, just a few blocks away from his mother's house. His Staten Island condo offers picturesque views of the Manhattan skyline and waterfront. The two-bedroom, 2.5-bathroom residence is highlighted by its panoramic views, which were showcased by The New York Post.

After listing his Staten Island condo for $1.3 million and later for $1.1 million, Pete moved to a 4500-square-feet house in Brooklyn Heights. The comedian is again changing homes, as he listed this amazing penthouse for a rent of $30,000 per month. The comedian and actor has listed his Brooklyn apartment for sale, which coincides with his new romantic relationship with Chase Sui Wonders, his co-star in the film 'Bodies Bodies Bodies'. Davidson's decision to sell his apartment suggests that he may be looking for a fresh start in his personal life as he navigates his new romance with Wonders. The Brooklyn apartment, which has yet to be priced, offers a unique opportunity for buyers to own a piece of real estate once owned by the SNL star.

Pete Davidson's Staen Island condo (Maddox & Victoria, LLC.)
Pete Davidson's Staen Island condo (Maddox & Victoria, LLC)
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