Pete Davidson Takes $350K Loss Amid Elsie Hewitt Breakup

Pete Davidson is formally saying goodbye to at least one piece of actual property and taking a serious monetary hit within the course of. The comic and actor has reportedly bought his Staten Island rental for a staggering $350,000 loss as he navigates life after his break up from ex-girlfriend Elsie Hewitt, with whom he shares daughter Scottie Rose. Information of the sale comes simply days after studies surfaced that the previous couple had known as it quits solely 5 months after welcoming their child lady.

In accordance with studies, the comic bought the 1,592-square-foot rental at 90 Bay Avenue Touchdown in Staten Island’s St. George neighborhood again in 2020 for $1.2 million. Positioned contained in the gated Bay Avenue Touchdown waterfront neighborhood, the property got here with facilities together with 24-hour doorman service, a health heart, sports activities courts, and a residents’ lounge.

After transferring in, Davidson reportedly gave the house a dramatic makeover. Initially designed as a two-bedroom unit, the actor reworked the house right into a loft-style one-bedroom full with daring crimson accent partitions and even a built-in fish tank, reflecting his private style however probably narrowing the pool of consumers in search of a extra conventional structure.

Davidson first tried to promote the rental in late 2022, itemizing it for $1.3 million, however the property struggled to draw a purchaser. Over the following a number of years, the asking worth was repeatedly decreased. By February 2026, the rental had dropped to $850,000, earlier than in the end promoting in April for about that quantity, leading to a hefty loss (roughly $350,000) in comparison with what Davidson initially paid.

Davidson Additionally Struggling To Promote House He Shared With Elsie Hewitt

Davidson’s Staten Island rental isn’t the one property giving him complications. Earlier than splitting from Hewitt, the comic had additionally been attempting to unload the sprawling North Salem, New York, residence the place the pair had reportedly been residing collectively. The actor initially listed the four-bedroom, three-bathroom property for $2.495 million on February 14, however a number of worth cuts quickly adopted.

In accordance with Web page Six, Davidson dropped the asking worth to $2.275 million on March 9 earlier than slashing it once more to $2.150 million on April 27 in an obvious effort to hurry up the sale. Regardless of the steep $345,000 discount, public data present the property nonetheless stays available on the market.

Pete Davidson And Elsie Hewitt Are ‘Working On Issues’

The timing of the sale has raised eyebrows following Davidson’s current breakup from Hewitt. Nonetheless, regardless of the breakup, it seems the door will not be absolutely closed on the pair’s relationship. In accordance with a supply who spoke to PEOPLE, Davidson and Hewitt are nonetheless attempting to navigate their new actuality collectively.

“They need each other to succeed and be comfortable. There have been factors the place they’ve break up and have gotten again collectively,” the insider shared. Nonetheless, the supply additionally famous that it stays unclear whether or not the pair will in the end reconcile.

Parenthood Stays The ‘High Precedence’

Weeks earlier than information of the break up surfaced, studies claimed the couple had already been coping with relationship struggles whereas adjusting to life as new mother and father. “There are points, however they’re attempting to determine issues out collectively,” a supply beforehand instructed PEOPLE, including that Davidson and Hewitt are each “adjusting to parenthood” and “working by the method.”

On the heart of all of it, nevertheless, is their daughter. In accordance with the supply, child Scottie Rose stays Davidson and Hewitt’s “prime precedence.”

Pete Davidson Beforehand Gushed Over Fatherhood And Elsie Hewitt

Regardless of the current breakup, Davidson has been vocal about how a lot turning into a father has modified his life. The previous “Saturday Evening Dwell” star welcomed daughter Scottie Rose shortly earlier than Christmas and has since spoken candidly about embracing parenthood. “Dad life is f-cking superior. It’s exhausting and rewarding and cute,” Davidson instructed PEOPLE in March.

On the time, the comic additionally had nothing however reward for Hewitt because the pair adjusted to life with a new child. “And I’m very fortunate as a result of Elsie is a unbelievable mother, and I can’t stress sufficient how fortunate I’m,” Davidson shared.

The actor went on to elucidate that watching Hewitt step into motherhood solely deepened his admiration for her. “It is vitally rewarding to see the particular person you selected to have a child with truly crush it so naturally,” he added.