The 'Wrestler' star had been renting a 5,000 square foot loft in New York's Meatpacking district at a cost of $19,800 a month, but has now relocated to the West Village area, where he is currently residing in a considerably cheaper three-bedroom, three-bathroom duplex with a garden, gossip website TMZ reports.
While Mickey is said to be enjoying his new living space, the actor may struggle to cope in a property with two levels as he has previously revealed playing grappler Randy 'The Ram' Robinson left his body so damaged, he needed assistance in getting up and down stairs.
The 58-year-old actor – who is a former professional boxer - said: "I had to try harder to get up in the morning. And because of my extra bulk a football knee from high school acted up again. Two hundred years later! And my woman had to get behind me and push me up the stairs. I was pathetic looking!
"So my knees wouldn't hold up, because of all the extra weight and the exercise. And all the injuries you get from being thrown down, you know?"