Jon Bon Jovi can't go home. After almost two years on the market and an initial listing of $42million, the singer has sold his 7,500-square-foot New York City penthouse for $37.5million. The New Jersey native bought the SoHo pad in 2007 for $24million, so even with the price cut is making an impressive profit. A bargain... for a billionaire: Jon Bon Jovi has sold his New York City apartment for $37.5million . On the road again: The Misunderstood singer seen here performing in Detroit, Michigan . The sale, by Douglas Elliman, was reported by Street Easy, though the buyer is not known. The duplex has two levels and comes with five bedrooms, five-and-a-half bathrooms and two  kitchens. Floor to ceiling windows offer panoramic views of the city, and 11-ft high ceilings make the interior open and filled with light. A wood-fire burning fireplaces add a homey feel to the spread which is decorated primarily in soft brown, beige and cream colors. Living large: With oversized windows and 11-foot-high ceilings the apartment has a light and airy feeling . Another major selling point was the large outdoor space. There are . three large, landscaped terraces that total almost 3,100 square feet. After the 51-year-old bought the property six . years ago, he did some renovations like changing the master . bedroom. He sold the house completely furnished. 'This one-of-a-kind apartment is for the discerning buyer who can . appreciate fine craftsmanship and all of the modern conveniences,' said the listing. The . property, which is located between Prince and Houston streets, sits on . the top floor of the New Museum’s 158 Mercer Street building. This isn't the first time the Bon Jovi singer has listed the apartment. In 2010 he reportedly placed it on the market for $45m but then pulled the listing. It's my life...and my investment: The 51-year-old bought this downtown property for $24m in 2007 and his initial sales price was almost double that . This isn't the only property owned by the singer, born John Francis Bongiovi Jr. He and his wife Dorothea have a multi-acre river-front spread in the sleepy but swanky town of Red Bank, New Jersey, and a large . house on one of the most notable and costly streets in East Hampton, New York, . that they plucked up in August 2004 for $7.6million. In 2013 the band was estimated by Forbes to be worth approximately $79million. Their Because We Can Tour earned $3million per city, a massive number in the touring circuit. Jon gives back with Soul Kitchen, a pay as you want restaurant in New Jersey. On a clear day you can see forever: The person lucky enough to buy this penthouse won't gain only stunning views, they'll also inherit all of the furniture the rocker picked out himself . Now that's a family couch: The father of four could certainly fit his kids Stephanie, Jesse James, Jacob and Romeo on this semi-circle sofa that sits in front of a wood burning fireplace . Kitchen confidential: This dark wood style kitchen is just one of two in the two-level property . Living on a prayer, and a fluffy bed: This is just one of five bedrooms in Mr. Bongiovi's sprawling home . Outdoor living: There's almost 3,100 square feet of terrace to breathe in that Manhattan air . No, that's not Windsor Castle: This New Jersey native owns a sprawling mansion in his home state that looks fit for royalty . He'll be missed: Jon was seen talking to one of his neighbours at the NYC property he just sold . Moving on: The singer-songwriter seemed to have a lightness to his step as he walked down the sidewalk .
Jon Bon Jovi has sold his New York City apartment for $37.5million .
The New Jersey native bought the SoHo pad in 2007 for $24million, and initially listed it at $42million .
The 7,500-square-foot penthouse in Soho comes fully furnished .
There are three outdoor terraces, five bedrooms and two kitchens .