Mariah Carey Lists Iconic NYC Penthouse for $27M

The 'Queen of Christmas' is parting ways with her longtime Tribeca triplex after assembling it over two decades ago.

Apr. 9, 2026 at 3:20pm

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An extreme close-up photograph of shimmering, glittering sequins in dramatic, high-contrast studio lighting, conceptually representing the luxurious, glamorous aesthetic of Mariah Carey's iconic New York City home.The lavish, maximalist design of Mariah Carey's Tribeca penthouse, including its signature butterfly motifs, has long been a reflection of the singer's personal style and brand.NYC Today

Mariah Carey has listed her sprawling Tribeca penthouse at 90 Franklin St. for $27 million, marking the first time the property has been available since she cobbled it together from several units for roughly $9 million back in 1999. The 12,728-square-foot residence spans three floors and features 360-degree views, 1,100 square feet of private outdoor space, and a history of high-profile appearances, including on MTV's 'Cribs' and a recent Booking.com promotion.

Why it matters

The sale of Carey's iconic New York home comes amid questions about her personal finances, with public records revealing she has taken out roughly $18.6 million in loans against the property while maintaining an extravagant lifestyle said to cost up to $1 million a month. If the penthouse sells near its asking price, Carey stands to pocket a substantial windfall on her original investment.

The details

Carey assembled the penthouse the old-fashioned way, buying two separate units and knocking them together. She then hired legendary interior decorator Mario Buatta to transform the raw space into an Art Deco-inspired fantasy loaded with butterfly motifs. The apartment has earned its cultural stripes, appearing in a memorable 2002 episode of 'MTV's Cribs' and more recently hosting a holiday promotion with Booking.com.

  • Carey purchased the two units that make up the penthouse in late June 1999 for a total of $9 million.
  • In 2009, Carey borrowed $8 million from JPMorgan Chase against the property.
  • In 2015, she added a $2.6 million loan from City National Bank.
  • In August 2016, Carey refinanced the JPMorgan loan up to $17.6 million, pocketing roughly $9.6 million in cash.
  • By April 2018, the JPMorgan loan balance had been bumped up to $18.6 million.

The players

Mariah Carey

A renowned singer-songwriter known as the 'Queen of Christmas' who has owned the Tribeca penthouse for over two decades.

Mario Buatta

A legendary interior decorator who transformed Carey's raw penthouse space into an Art Deco-inspired fantasy.

Franklin Views LLC

The company through which Carey holds ownership of the Tribeca penthouse property.

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What they’re saying

“We put them wherever we could. There are butterfly handles on the cabinets in the bedroom, and butterflies are woven into the bed hangings. They're even on the soap in the bath and on the tiles in the kitchen. There are so many butterflies in this apartment, you don't even notice them. But Mariah does.”

— Mario Buatta, Interior Designer

“I wanted to create a background for Mariah's own glamour. Most clients don't understand glitter. Mariah does.”

— Mario Buatta, Interior Designer

What’s next

The sale of Carey's Tribeca penthouse will be closely watched, as it could provide insight into the singer's personal finances and spending habits that have long been the subject of speculation.

The takeaway

Mariah Carey's decision to part with her iconic New York City home after over two decades of ownership highlights the complex financial realities that even the most successful celebrities can face, as the singer has taken out millions in loans against the property while maintaining an extravagant lifestyle.