AceShowbiz - Pete Davidson is willing to take a loss of $100,000 on his Staten Island condo. The 29-year-old comedian listed his two-bedroom riverfront home for $1.3 million last year, but is now willing to drop his initial asking price due to a lack of interest.

An insider told the New York Post newspaper's Page Six column, "He has been doing well for himself in the last few years, a $100,000 loss is not too bad." Pete bought the property for $1.2 million in 2021, and he had been hoping to at least break even until very recently.

The former "Saturday Night Live" star, who is rumored to be worth around $10 million, hired an interior designer and installed new furniture shortly after buying the property. But because of rising interest rates, Peter hasn't been able to find a buyer willing to match his asking price.

Pete previously announced plans to sell his home, before he briefly moved to Brooklyn, where he rented a unit in the Brooklyn Heights neighborhood. However, it's currently unclear where he intends to move to next. The comedian, who is currently dating actress Chase Sui Wonders, turned to the Jason Mitchell Group in a bid to sell his Staten Island condo.

Amy Arnone, who represents the Jason Mitchell Group, told PEOPLE in December, "We are elated to be a part of the network of professionals Pete surrounds himself with. Pete's property is well appointed with a modern interior, luxurious amenities and spectacular views."

The Staten Island property features two bedrooms and three bathrooms, as well as offering spectacular views of the New York City skyline from a private terrace. It is also closely situated to the Staten Island ferry.