{"id":45479,"date":"2025-10-10T22:47:03","date_gmt":"2025-10-10T22:47:03","guid":{"rendered":"https:\/\/isafespend.com\/?p=45479"},"modified":"2025-10-10T22:47:04","modified_gmt":"2025-10-10T22:47:04","slug":"barbara-corcoran-sold-her-nyc-penthouse-above-asking-price","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=45479","title":{"rendered":"Barbara Corcoran Sold Her NYC Penthouse Above Asking Price"},"content":{"rendered":"
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Key Takeaways<\/h2>\n
    \n
  • Barbara Corcoran is the founder of real estate firm The Corcoran Group.<\/li>\n
  • Corcoran put her Fifth Avenue penthouse on the market in May, with an asking price of $12 million. <\/li>\n
  • An offer was accepted after just one day, but the winning bid hadn\u2019t been disclosed until now.<\/li>\n<\/ul>\n<\/div>\n

    \u201cShark Tank\u201d star Barbara Corcoran\u2019s New York City penthouse sold for $1.5 million more than the asking price \u2014 after it landed a buyer within just one day.<\/p>\n

    Corcoran, 76, listed her Fifth Avenue property in May for $12 million, and a bidding war ensued. An offer was reportedly accepted after just 24 hours of being on the market. And now that the deal has officially closed, the winning price has been revealed: The penthouse sold for $13.5 million, an extra $1.5 million over ask, Realtor.com reported.<\/p>\n

    \u201cReal estate is always emotional, but I never thought I\u2019d say goodbye to this beautiful palace in the sky,\u201d Corcoran wrote on Instagram in May.<\/p>\n

    Related:<\/b> A Billionaire Founder Admits He Had \u2018Horrible Habits\u2019 \u2014 Then He Started a Morning Routine That \u2018Transformed\u2019 His Life<\/p>\n

    <\/blockquote>\n

    Corcoran bought the duplex penthouse a decade ago for $10 million, and poured $2 million into renovating it, leaving her with a net profit of $1.5 million on the sale. She first glimpsed the property in 1992, while delivering letters for a messenger service, and was impressed by its terrace with views of Central Park.<\/p>\n

    \u201cI walked in and saw this green, lush terrace through the French doors, and said to the lady who let me in, \u2018If you\u2019re ever going to sell this, would you sell it to me?’\u201d Corcoran told The New York Times<\/i> <\/i>earlier this year.<\/p>\n

    Related: <\/b>Kevin O\u2019Leary Is Starring in an A24 Film With Timoth\u00e9e Chalamet and Gwyneth Paltrow: \u2018I Didn\u2019t Take Any Acting Lessons\u2019<\/p>\n

    In 2015, she got a phone call from the owner and ended up buying the 4,600-square-foot penthouse. The apartment features five bedrooms, five full baths, two half baths, a library with a wood-burning fireplace, and a butler\u2019s pantry.<\/p>\n

    <\/blockquote>\n

    Now, Corcoran and her husband, Bill Higgins, an 80-year-old former FBI agent, are trading in their two-story penthouse for a single-level apartment with no stairs. Corcoran told the NYT<\/i> that Higgins could no longer safely manage the stairs, which is why they opted to move.<\/p>\n

    Corcoran previously stated that she makes $4.5 million from her investments, including profits from her 16-year run as a \u201cShark Tank\u201d investor. She sold her real estate firm, The Corcoran Group, for $66 million in 2001.<\/p>\n<\/p><\/div>\n

    \n
    \n

    Key Takeaways<\/h2>\n
      \n
    • Barbara Corcoran is the founder of real estate firm The Corcoran Group.<\/li>\n
    • Corcoran put her Fifth Avenue penthouse on the market in May, with an asking price of $12 million. <\/li>\n
    • An offer was accepted after just one day, but the winning bid hadn\u2019t been disclosed until now.<\/li>\n<\/ul>\n<\/div>\n

      \u201cShark Tank\u201d star Barbara Corcoran\u2019s New York City penthouse sold for $1.5 million more than the asking price \u2014 after it landed a buyer within just one day.<\/p>\n

      Corcoran, 76, listed her Fifth Avenue property in May for $12 million, and a bidding war ensued. An offer was reportedly accepted after just 24 hours of being on the market. And now that the deal has officially closed, the winning price has been revealed: The penthouse sold for $13.5 million, an extra $1.5 million over ask, Realtor.com reported.<\/p>\n

      \u201cReal estate is always emotional, but I never thought I\u2019d say goodbye to this beautiful palace in the sky,\u201d Corcoran wrote on Instagram in May.<\/p>\n

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