EXCLUSIVE: Barbara Corcoran Sells New York City Penthouse for $1.5 Million Over Her Asking Price—After Finding a Buyer In Just One Day

"Shark Tank" star Barbara Corcoran has officially offloaded her iconic New York City apartment—securing an offer that was $1.5 million over her original asking price.

Corcoran, 76, originally put the palatial penthouse on the market in May, with reports later revealing that she had secured a buyer for the property within just one day of listing it.

Now, that deal has officially closed, with the listing updated to reflect the final sale price of $13.5 million.

On paper, this means that The Corcoran Group founder walks away with a $3.5 million profit, having purchased the historic dwelling for $10 million back in 2015.

However, when putting the penthouse on the market, the businesswoman admitted that she had poured an estimated $2 million into renovating the property after buying it, meaning her final profit is closer to $1.5 million.

Still, it marks a lucrative milestone for Corcoran, whose connection to the home extends back long before she became its owner.

The savvy entrepreneur previously revealed that she first came across the penthouse dwelling on the Upper East Side in 1992, when she was working as a messenger to make ends meet and delivered a letter to the unit's resident.

At the time, the opulent abode wasn't on the market—nor would it have been anywhere close to fitting within Corcoran's budget if it had been. Yet, she couldn't get the property out of her mind.

"I thought, 'My god, I’ve never seen anything as beautiful in my life,'" she told the New York Times.

So, she asked the then-owner to get in touch if she ever decided to sell her penthouse—a decision that she ended up making more than two decades later.

Luckily for Corcoran, the owner stayed true to her word to reach out when the home went on the market, and in 2015, the real estate legend paid $10 million for the property, which served as her primary residence for 10 years.

After snapping up the four-bedroom dwelling, the businesswoman began a gut renovation of the unit, explaining that, while the views and the location were perfect in her eyes, the aesthetic and layout of the home needed some major work in order to suit her lifestyle.

"Any house I ever bought, I bought the spot, not the space," she told the Times. "You can control the space, but you can’t control the spot."

In total, Corcoran estimates that she spent at least $2 million renovating the space, revealing that she and her daughter, Kate, who was 10 at the time, would sleep outside on the home's expansive terrace while the work was being carried out.

While some might have questioned why Corcoran did not list the property for more than a break-even price—at best—the entrepreneur insisted that she never saw the dwelling as a lucrative investment opportunity, but rather a space in which to build the perfect family home.

"I never thought I would ever leave," she said. “It’s easy to spend money when you’re building a lifelong dream. For me, real estate is emotional."

Her extensive transformation included the flipping of the upstairs and downstairs layouts, overhauling the property's greenhouse in order to turn it into an indoor/outdoor dining room, and the addition of a new chef's kitchen.

The result is what the listing description hailed as a "truly exceptional home" that features 11 rooms in total across two floors and offers "breathtaking views" of Central Park and the New York City skyline.

After living in the home for just under a decade, Corcoran said that its two-story layout no longer suited their needs, explaining that her husband, Bill Higgins, 80, was no longer able to safely navigate the curved staircase that connects the two floors.

So, the couple set out finding a single-story abode that Higgins could more easily get around.

That hunt was not without its complications, with the real estate mogul explaining that the first penthouse she placed an offer on—$9.95 million a two-bedroom, two-bathroom unit that was once owned by Paul Newman and Joanne Woodward—ended in disappointment when she was outbid.

Corcoran was swift to move on to the next, turning her focus to another nearby penthouse that is spread across just one floor, meaning no stairs for her or her husband to navigate.

The property purchase came amid a time of great upheaval for Corcoran, who put in an offer on the unit just weeks after her beloved Pacific Palisades trailer home was destroyed in the California wildfires.

At the time, she described the loss as "heartbreaking" but has since said she plans to rebuild the dwelling, which was estimated to be worth around $1 million.