Julian Casablancas, frontman of rock band "Strokes" has reportedly sold a condo in New York City for $1.2 million.

According to the Real Estalker, Casablancas purchased the home for $840,000 in 2005. Apparently, the home is rumoured to be purchased by Richard Armitage of "The Hobbit: An Unexpected Journey" fame.

Listing records of the home state the residence is a one bedroom, one bathrooms condo with high 18-feet ceilings. Interiors have light hardwood flooring and feature French doors and windows. Though petite, the place exudes a charm and is perfect for a couple or a city singleton.

Check out the photos of the condo, here.

While Richard Armitage picked up a small condo, his "Lord of the Rings" co-star, Elijah Wood recently picked up a single family residence in Austin, Texas for around $1.7 million. Not much difference in the price but a lot of difference in the homes.

Wood's new abode is a Victorian-style 3,285 square feet single family residence comprising of four bedrooms, four full and one half bathroom, three living rooms and a large 1,100 square feet porch that offers beautiful views of the sunset.

Coming back to the Strokes cast, apparently, more members of the band are selling off their assets. StarPulse.com reports that guitarist Nick Valensi and his wife Amanda de Cadenet listed their property in Studio City, California for $1.8 million last week.

No news of where they are moving is out yet.