Trending

Barbara Corcoran selling Carnegie Hill penthouse

Real estate legend lists home at 1158 Fifth Avenue for $12M

<p>Barbara Corcoran with 1158 Fifth Avenue (Getty, Google Maps)</p>
Listen to this article
00:00
1x

Key Points

AI Generated.
This summary is reviewed by TRD Staff.

  • Barbara Corcoran listed her Fifth Avenue penthouse in Carnegie Hill for $12 million, a slight increase from the $10 million she paid for it a decade ago.
  • The 4,600-square-foot duplex features five bedrooms, multiple bathrooms and has a place in real estate lore.
  • Corcoran is selling the penthouse to move into a one-story home to better suit her and her husband's mobility needs.

 

Barbara Corcoran is parting with another one of her homes, but this time, on her terms.

The “Shark Tank” star and real estate Corcoran Group founder listed her penthouse at 1158 Fifth Avenue in Carnegie Hill for $12 million, the New York Times reported. The asking price is a slight uptick from the $10 million she paid for the home a decade ago.

Corcoran and her husband purchased the 11-room duplex co-op in 2015 from interior and landscape designer Pamela Scurry and her husband. The co-op hit the market in late 2013 at an asking price of $14.5 million before a series of price cuts.

Corcoran first saw the unit in 1992 while delivering a letter for a messenger service. She implored the owner to call her if the home were ever to hit the market, an ask that paid off decades later.

The 4,600-square-foot home includes five bedrooms, five full bathrooms and two half bathrooms, as well as a library with a wood-burning fireplace, a butler’s pantry and an off-the-terrace kitchen.

Sign Up for the undefined Newsletter

The duplex’s interiors are largely transformed, but the curved staircase remains. Corcoran told the outlet the couple is selling in favor of a one-story home to better suit their mobility needs.

“I never thought I would ever leave,” Ms. Corcoran told the Times. “It’s easy to spend money when you’re building a lifelong dream. For me, real estate is emotional.”

A Corcoran team (who else?) of Scott Stewart and Carrie Chiang has the listing.

The Corcoran founder lost her mobile home in the Pacific Palisades earlier this year during the wildfires that devastated the region. Shortly thereafter, however, Corcoran and her husband bought a one-story penthouse not far from her soon-to-be former unit.

Holden Walter-Warner

Read more

New York
Barbara Corcoran picks up $10M penthouse
Residential
New York
How Barbara Corcoran made her first sale
The Corcoran Group founder Barbara Corcoran (Getty)
Residential
New York
Extortion, 9/11 and a toy gun: The story behind Barbara Corcoran’s brokerage sale
Recommended For You