Barbara Corcoran buys Carnegie Hill penthouse for $16M

Streetview of 1016 Fifth Avenue © 2017 Google

October has been an eventful month in real estate for Barbara Corcoran, founder of the Corcoran Group and star of “Shark Tank,” as the mogul adds a penthouse to her portfolio. As first reported by The Real Deal , and confirmed by property records , Corcoran purchased a penthouse at 1016 Fifth Avenue in Carnegie Hill for $16 million in an off-market deal. Just three weeks earlier, she sold her home at 1158 Fifth Avenue for $1.5 million over ask after just one day on the market.

The residence features three bedrooms, formal dining and living rooms, a library, and a terrace, with tall ceilings and much of its original architectural detail intact, Carrie Chiang, a Corcoran Group agent who represented Corcoran in the deal, told The Real D