Barbara Corcoran Sells Carnegie Hill Co-Op For $13.5 Million With Brokers Scott Stewart Carrie Chiang And Andres Perea-Garzon

A co-op located at 1158 5th Avenue in Carnegie Hill was sold for $13,500,000. The property spans 4,600 square feet, equating to a price per square foot of $2,935. The seller, Barbara Corcoran, previously acquired the penthouse for $10 million in 2015 and invested $2 million in renovations.

Summary of transaction details:

• Property Type: Co-Op
• Transaction Amount: $13,500,000
• Square Footage: 4,600
• Price per Square Foot: $2,935
• Address: 1158 5th Avenue
• Market: Carnegie Hill
• Seller: Barbara Corcoran
• Brokers: Scott Stewart, Carrie Chiang & Andres Perea-Garzon - The Corcoran Group

The transaction was notable for occurring less than a day after listing. A bidding war ensued, leading to the sale being $1.5 million over asking price as Corcoran and her husband decided to relocate uptown to a more accessible condo.