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Barbara Corcoran’s Beloved NYC Penthouse Is for Sale | Entrepreneur

7 May 2025
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“Shark Tank” star Barbara Corcoran, 76, first received a glimpse of her dream dwelling in 1992.

She was operating Corcoran Realty on the time and was delivering letters for a messenger service as a aspect job to assist pay her payments. One in every of her duties was delivering an envelope to an condominium on the highest ground of a constructing on Fifth Avenue and 97th Road.

When Corcoran entered the condominium, she was impressed by its terrace with views of Central Park. She gave the house’s proprietor her envelope and instructed her to name if she ever thought of promoting the unit.

“I walked in and noticed this inexperienced, lush terrace by the French doorways, and mentioned to the girl who let me in, ‘When you’re ever going to promote this, would you promote it to me?'” Corcoran instructed The New York Occasions in a earlier interview.

Associated: ‘How Fortunate Am I?’: Tour Barbara Corcoran’s $13 Million New York Residence

Greater than twenty years later, she received a cellphone name: The house’s proprietor was able to promote. Corcoran purchased the 4,600-square-foot two-story penthouse condominium for $10 million in 2015 and renovated it for a further $2 million over the subsequent 18 months.

Now she’s saying goodbye, she says, due to the condominium’s curved staircase—she and her husband, Invoice Higgins, 80, a former FBI agent, are discovering the steps tough to navigate. The pair discovered a brand new condominium, a single-story penthouse in the identical neighborhood of Carnegie Hill, to name dwelling.

Corcoran instructed The New York Occasions on Tuesday that she has listed her penthouse on the market for $12 million, barely decrease than what she spent shopping for and renovating it, however a “truthful value” in her estimation. Month-to-month upkeep charges price round $11,000.

Associated: ‘Higher Negotiation Place’: Barbara Corcoran Says Do These 2 Issues When Asking For a Increase at Work

The condominium has 5 bedrooms, 5 full baths, and two half baths. Corcoran fully revamped the area to incorporate options like a library with a wood-burning fire, a butler’s pantry, and a full kitchen off the terrace.

“The condominium is laid out like a multilevel jewel field,” Corcoran dealer Scott Stewart, who’s co-listing the condominium, instructed The Occasions.

Corcoran has beforehand been obsessed with her love of the duplex condominium. In a 2022 interview with TikTok star Caleb Simpson, Corcoran mentioned she sat within the condominium’s kitchen on daily basis and thought to herself, “How fortunate am I?”

“By no means ever did I believe I might have such a fairly kitchen,” Corcoran instructed Simpson.

@calebwsimpson @barbara.corcoran ♬ Sunroof – Nicky Youre & dazy

Corcoran has just lately misplaced a house resulting from fires. She revealed in January that fires in LA had destroyed her $800,000 cellular dwelling in Tahitian Terrace Cellular Dwelling Park.

Corcoran beforehand disclosed that she makes about $4.5 million a 12 months from her investments, together with income she has made as a “Shark Tank” investor for 16 years. The millionaire offered her actual property firm, The Corcoran Group, for $66 million in 2001 and has since closed 650 offers on “Shark Tank.”

Associated: ‘I am the Finest Boss I’ve Ever Met’: Barbara Corcoran Says It Takes One Precept to Be a Good Boss





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Tags: BarbaraBelovedCorcoransEntrepreneurNYCPenthousesale
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