Pete Davidson says he's 'in the hole' financially after he and Colin Jost bought a $280,000 Staten Island ferry

• Pete Davidson says he's "in the hole" monetarily after buying a Staten Island ferry with Colin Jost.
• Davidson told the "Family Trips with the Meyers Brothers" podcast that he finds the situation funny.

Pete Davidson says he's "in the hole" financially because of the $280,100 Staten Island ferry he bought with his former "Saturday Night Live" costar Colin Jost.

Last year, Insider's Ben Gilbert reported that the pair won the decommissioned Staten Island ferry at auction.

When asked about the ferry during his appearance on an episode of Seth Meyers' new podcast, "Family Trips with the Meyers Brothers," Davidson asked himself: "That was real?"

He continued: "So, we just got all the plans built, and we had them do one of those computer-generated, show-you-what-it-could-be type things, and now we're out to a few people. And it seems like it's all going well, but it's definitely like five years away."

Davidson said the goal for the ferry was for it to be docked in New York from April to September so the space could be used as a restaurant, a concert venue, a movie theater, and a hotel. The ferry could be tugged to Miami in winter, he said.

"Wow, you've really thought this through," Meyers said when Davidson shared his plans.

"We have to, 'cause we're in the hole," Davidson said. "Colin called me, and he's like, 'Hey, can you hop on this call about the ferry?' I was like, 'We're still doing that thing?' He's like, 'Yeah, this is pretty serious.' And it is! I had no idea, I just saw a link and sent a deposit, and now I'm stuck with a fucking boat. It's really funny, dude."

Davidson said that he and Jost jokingly renamed the ferry, which was originally called the John F. Kennedy, the Titanic 2 when they bought it.

"That was Colin's idea. I can't take full credit for that because I wasn't on the call," the "Transformers: Rise of the Beasts" star added. "Colin's on all of the calls, and he'll call me after and be like, 'Yeah, it's all going well. It's named Titanic 2. Alright, I'll talk to you later.'"

Davidson said he finds it funny that the ferry could become a "lifelong problem for me and Colin."

However, the comedian said Jost was trying to get him to take the business venture more seriously.

Earlier this month, when asked about the ferry by Entertainment Tonight, Davidson said he had "no idea what's going on with that thing."

"Me and Colin were very stoned a year ago and bought a ferry," he said. "And we're figuring it out."

Jost responded to Davidson's comment on an Instagram post, which he captioned: "Is it worse that I was actually stone-cold sober when we bought the ferry?"

He added: "We're excited to prove the non-believers wrong. You're going to be BEGGING to get on this ferry in two years. Mark my words."