Share this @internewscast.com
“Shark Tank” star Barbara Corcoran, 76, first got a glimpse of her dream home in 1992.
At the time, she was managing Corcoran Realty while also working part-time for a messenger service to help cover her expenses. One particular assignment involved delivering an envelope to an apartment situated on the top floor of a building located at Fifth Avenue and 97th Street.
Upon entering the apartment, Corcoran was taken aback by the terrace that offered scenic views of Central Park. After handing the envelope to the homeowner, she mentioned that the owner should contact her if ever considering putting the apartment up for sale.
“I came in, noticed this verdant, lush terrace visible through the French doors, and remarked to the woman who greeted me, ‘If you ever decide to sell, would you sell it to me?'” Corcoran shared in an earlier discussion with The New York Times.
More than two decades later, she got a phone call: The home’s owner was ready to sell. Corcoran bought the 4,600-square-foot two-story penthouse apartment for $10 million in 2015 and renovated it for an additional $2 million over the next 18 months.
Now she’s saying goodbye, she says, because of the apartment’s curved staircase—she and her husband, Bill Higgins, 80, a former FBI agent, are finding the steps difficult to navigate. The pair found a new apartment, a single-story penthouse in the same neighborhood of Carnegie Hill, to call home.
Corcoran told The New York Times on Tuesday that she has listed her penthouse for sale for $12 million, slightly lower than what she spent buying and renovating it, but a “fair price” in her estimation. Monthly maintenance fees cost around $11,000.
The apartment has five bedrooms, five full baths, and two half baths. Corcoran completely revamped the space to include features like a library with a wood-burning fireplace, a butler’s pantry, and a full kitchen off the terrace.
“The apartment is laid out like a multilevel jewel box,” Corcoran broker Scott Stewart, who is co-listing the apartment, told The Times.
Corcoran has previously been enthusiastic about her love of the duplex apartment. In a 2022 interview with TikTok star Caleb Simpson, Corcoran said she sat in the apartment’s kitchen every day and thought to herself, “How lucky am I?”
“Never ever did I think I would have such a pretty kitchen,” Corcoran told Simpson.
@calebwsimpson @barbara.corcoran ♬ Sunroof – Nicky Youre & dazy
Corcoran has recently lost a home due to fires. She revealed in January that fires in LA had destroyed her $800,000 mobile home in Tahitian Terrace Mobile Home Park.
Corcoran previously disclosed that she makes about $4.5 million a year from her investments, including profits she has made as a “Shark Tank” investor for 16 years. The millionaire sold her real estate company, The Corcoran Group, for $66 million in 2001 and has since closed 650 deals on “Shark Tank.”