One Home Alone Nets Macaulay Culkin A $6 Million Profit. Actor Sells NYC Loft Getting 7 Times Purchase Price

Not too many teenagers can buy a loft in downtown Manhattan. But then again, not too many teenagers had the kind of childhood that actor Macaulay Culkin did. According to the New York Post, the star of the classic 90s Christmas movie, “Home Alone,” recently sold the Noho, NYC loft he has owned for 25 years for $7.75 million. The 44-year-old, who for many years divided his time between the U.S. and Paris, purchased the condo loft at 704 Broadway in 1999 for $1.75 million as a 19-year-old in 1999.

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A Savvy Purchase

The 4,800-square-foot, three-bedroom, two-bathroom, full-floor loft was once the headquarters of the Socialist Workers Party. It was converted into a residential space in the 1970s by Bruce Gatlin, a factory worker whose attorney and future wife, Ellen Shrager, helped him secure rights to live in the home. As a teen at the height of his post “Home Alone” fame, it was a savvy buy from Culkin, whose acting career never emulated the dizzy heights in adulthood that he enjoyed as a child. 

Culkin took New York Magazine on a tour of his home in 2016, showcasing his art gallery. These days, Culkin is based primarily in the Toluca Lake section of Los Angeles, where he lives with his wife, actress Brenda Song, and their two children in a five-bedroom, six-bathroom home. They purchased the residence from actor Kiefer Sutherland for $8 million in 2022 in an off-market deal.

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Wise Money Management And A Low Profile

Celebrity Net Worth said Culkin earned most of his money between 1989 and 1994. During that time, he banked $23.5 million for seven films, including “Home Alone,” which he made when he was only 11. Despite sporadic work in recent years, Culkin’s apparent low-key lifestyle has enabled him to maintain luxury real estate on both coasts and in Europe while generally avoiding the spotlight.

Staying Grounded

The former child star didn’t end up as washed-up tabloid fodder partly because he has always maintained a reasonably grounded attitude toward fame and staying in the limelight. 

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“People feel they have to be in perpetual motion or drown. I’ve never had a problem saying I’ve got nothing lined up,” he told The Guardian in 2016. “Maybe I’ll take the next year off. I’m not very active.” He said of his child stardom and adult career, “It’s allowed me to become the person I am, and I like me, so I wouldn’t change a thing. Not having to do anything for my dinner, financially, lets me treat every gig like it’s the last. If it is, I’d think: ‘Culkin, you had a good run.'” 

In 2020, he told Esquire: “I wasn’t working in a coal mine. I wasn’t a child soldier. My father was not sexually abusing me. Certain f—ed up things happened, but f—ed up things happen to kids all the time, and they don’t come out the other end. I’ve got something to show for it, man. I mean, look at me: I got money, I got fame, I got a beautiful girlfriend and a beautiful house and beautiful animals.”

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