July 10, 2025 | New York City
A co-op apartment once owned by Hollywood icon Paul Newman and his wife Joanne Woodward has sold for a remarkable $14 million, significantly above its $9.95 million asking price. The property, located at 1120 Fifth Avenue in Manhattan’s Carnegie Hill neighborhood, garnered immediate attention after hitting the market in December. A deal was secured within weeks, according to The Wall Street Journal.
The 3,000-square-foot unit, occupying half the top floor of the 15-story building, was originally configured as a two-bedroom but was reimagined by Newman and Woodward as a spacious one-bedroom with a library. While still featuring original kitchen tiles and wallpaper, the bedroom is in need of renovation. The property was listed by Noble Black and Jennifer Stillman of Douglas Elliman, who noted more than 50 showings and nearly a dozen competing offers.
The winning buyers, a finance-industry couple, were chosen after a separate bidder offering above $14 million was turned away due to concerns about co-op board approval. The board was reportedly wary of the unit being used as a secondary residence. The deal closed at an impressive $4,667 per square foot—underscoring continued demand for rare, historically significant properties on Fifth Avenue.
Brown Harris Stevens agents Maria Pashby, Joanna Pashby, and Wendy Sarasohn represented the buyers. This high-profile transaction further spotlights Carnegie Hill as one of New York City's most coveted residential enclaves, where legacy and location continue to drive top-dollar deals.