Barbara Corcoran found a buyer for her Upper East Side penthouse in just one day.
The “Shark Tank” star and founder of the Corcoran Group listed her co-op at 1158 Fifth Avenue for $12 million last week, about a decade after purchasing it for $10 million. Sources told Olshan Realty that the pending deal was inked after multiple bidders submitted offers and that the duplex will trade over its asking price.
The five-bedroom home was No. 8 among Manhattan’s priciest properties to land a signed contract between May 5th and May 11th, according to Olshan Realty’s weekly report. A total of 36 homes in the borough asking $4 million or more entered contract during the period, up from 33 in the previous week.
The most expensive property to snag an inked deal was a penthouse at 15 East 30th Street, with an asking price of $25 million. The 5,100-square-foot condo has been searching for a buyer since 2019, when the sponsor asked $23.5 million for the four-bedroom, five-bathroom unit.
Unit PH60A, which was featured on Netflix’s “Selling the City,” also has 23-foot ceilings, a library and a terrace.
Douglas Elliman’s Justin Tuinstra had the listing.
The building, known as Madison House, was developed by JD Carlisle Development and Fosun International Limited. Amenities in the nearly 200-unit tower include a fitness center, lap pool, private dining room and garden.
The second priciest home to land a buyer was the 16th floor at 995 Fifth Avenue, with an asking price of $24.3 million. The 8,400-square-foot condop, which initially asked just under $30 million, has drifted on and off the market for roughly four years.
The apartment last traded for $27.3 million in 2012. It features eight bedrooms, nine bathrooms, a formal dining room and views of Central Park. Amenities in the building, known as the Stanhope, include doormen, a concierge and a gym.
Corcoran’s Carrie Chiang and Andres Perea-Garzon had the listing.
Of the 36 properties, 20 were condos, 11 were co-ops, two were condops and three were townhouses.
The homes’ combined asking price was $299 million, for an average price of $8.3 million and a median of $6.4 million. The typical home spent more than 560 days on the market and was discounted 6 percent from the original listing price.
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