As first reported by the New York Post, the veteran TV and film actor has doled out a speck under $25 million in an apparent all-cash deal for a newly built home owned by married interior designers Phoebe and James Michael Howard. Stallone and his former model wife Jennifer Flavin acquired the one-acre spread for their daughters Sophia, Sistine and Scarlet, two of whom recently relocated from Los Angeles to New York and another who is currently attending school at the University of Miami.