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Barbara Corcoran’s Beloved NYC Penthouse Is for Sale

May 7, 2025
in Entrepreneur
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Home Entrepreneur


“Shark Tank” star Barbara Corcoran, 76, first received 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. Certainly one of her duties was delivering an envelope to an house on the highest ground of a constructing on Fifth Avenue and 97th Road.

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

“I walked in and noticed this inexperienced, lush terrace by the French doorways, and mentioned to the woman who let me in, ‘Should you’re ever going to promote this, would you promote it to me?'” Corcoran informed 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 telephone name: The house’s proprietor was able to promote. Corcoran purchased the 4,600-square-foot two-story penthouse house for $10 million in 2015 and renovated it for a further $2 million over the following 18 months.

Now she’s saying goodbye, she says, due to the house’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 house, a single-story penthouse in the identical neighborhood of Carnegie Hill, to name dwelling.

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

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

Corcoran has beforehand been smitten by her love of the duplex house. In a 2022 interview with TikTok star Caleb Simpson, Corcoran mentioned she sat within the house’s kitchen day-after-day and thought to herself, “How fortunate am I?”

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

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

Corcoran has just lately misplaced a house on account of fires. She revealed in January that fires in LA had destroyed her $800,000 cell dwelling in Tahitian Terrace Cellular Residence Park.

Corcoran beforehand disclosed that she makes about $4.5 million a 12 months 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.”

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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