Barbara Corcoran’s Beloved NYC Penthouse Is for Sale

“Shark Tank” star Barbara Corcoran, 76, first acquired a glimpse of her dream dwelling in 1992.

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

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 advised her to name if she ever considered promoting the unit.

“I walked in and noticed this inexperienced, lush terrace by the French doorways, and stated to the woman who let me in, ‘Should you’re ever going to promote this, would you promote it to me?'” Corcoran advised The New York Instances in a earlier interview.

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Greater than twenty years later, she acquired 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 an extra $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 troublesome to navigate. The pair discovered a brand new condominium, a single-story penthouse in the identical neighborhood of Carnegie Hill, to name dwelling.

Corcoran advised The New York Instances 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 “honest worth” in her estimation. Month-to-month upkeep charges price round $11,000.

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The condominium has 5 bedrooms, 5 full baths, and two half baths. Corcoran utterly revamped the area to incorporate options like a library with a wood-burning hearth, 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, advised The Instances.

Corcoran has beforehand been passionate about her love of the duplex condominium. In a 2022 interview with TikTok star Caleb Simpson, Corcoran stated she sat within the condominium’s kitchen each day and thought to herself, “How fortunate am I?”

“By no means ever did I feel I might have such a reasonably kitchen,” Corcoran advised Simpson.

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

Corcoran has not too long ago misplaced a house as a consequence of fires. She revealed in January that fires in LA had destroyed her $800,000 cellular dwelling in Tahitian Terrace Cell Dwelling Park.

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

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