It’s easy to see why Paul Newman held on to his Fifth Avenue penthouse for decades

Screen legend Paul Newman and his equally talented wife, Joanne Woodward’s elegant penthouse was listed for sale in 2024, after four decades of ownership.

The New York Times reports that the Cool Hand Luke actor purchased the penthouse in the early 1980s, often entertaining high-profile guests here, with names like Tom Cruise, Cher, and Harry Belafonte in attendance.

Even after Newman passed away in 2008, and Joanne Woodward retreated from the public eye (she now lives in the same Westport, Conn. home where the couple raised their three daughters), the apartment remained in the family.

And a quick look at the $9,950,000 Carnegie Hill residence makes it easy to see why the famous couple kept their Fifth Avenue pied-à-terre for so long.

Situated right off of Central Park, on the 15th floor of the distinguished pre-war co-op at 1120 Fifth Ave — designed by renowned 1920s architect J.E.R. Carpenter — the sophisticated residence offers sweeping city and park views, elegant interiors with a timeless design, and outdoor terraces that span 2,000+ square feet.

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I consent to receiving emails and personalized ads.Set inside a distinguished pre-war co-op on Museum Mile, designed by renowned 1920s architect J.E.R. Carpenter

Photo credit: Google Maps

The penthouse, listed for $9,950,000 with Douglas Elliman’s Noble Black and Jennifer Kaufman Stillman, is part of one of the most spectacular pre-war co-ops on Museum Mile — located at 1120 Fifth Avenue.

The exclusive building was designed by renowned architect J.E.R. Carpenter, the leading architect of luxury residential high-rise buildings in New York City in the early 1900s. In a tribute to the architect’s life work, the New York Times called the Tennessee native “The Architect Who Shaped Upper Fifth Avenue”.

The penthouse has two bedrooms and a private elevator

Photo credit: Evan Joseph Studios / Douglas Elliman

The unit itself spans 2,508 square feet and is currently configured as a two-bedroom, with two full baths and one half-bath. It features several terraces with picture-perfect views, an elevator that leads up to the residence, beautiful wood floors, and soaring ceilings.

With a 36-foot-long living room

Photo credit: Evan Joseph Studios / Douglas Elliman

A sizable living room offers ample space for lounging and entertaining, and features a wood-burning fireplace at one end and a quaint hidden bar at the other.

The living room showcases panoramic views of Central Park through oversized windows and glass doors leading out to one of the home’s several oversized terraces.

A sophisticated dining room

Photo credit: Evan Joseph Studios / Douglas Elliman

Pairing old New York grandeur with comfortable elegance, the star-studded residence stuns with its timeless finishes.

One highlight is the stately dining room that boasts eastern exposures with city views, detailed moldings, and room for a dining table of grand proportion. Behind the dining room, there’s a windowed butler’s pantry and a large eat-in kitchen, both with park views.

An oversized primary bedroom

Photo credit: Evan Joseph Studios / Douglas Elliman

The spacious primary suite has its own wrap-around terrace with miles of open city views from three exposures. It also comes with ample closet space and a primary bath.

Over 2,000 square feet of outdoor space

Photo credit: Evan Joseph Studios / Douglas Elliman

To take in the generous views of Central Park, the Reservoir, and the city skyline beyond, the Fifth Avenue penthouse has over 2,000 square feet of terraces. A park-facing terrace off the kitchen is currently configured for al fresco dining, but plans have already been drawn up for future owners to recreate a solarium.