The Fifth Avenue maisonette long used by Paul Newman and Joanne Woodward as a private office and guest suite has returned to the market after a previously accepted deal was blocked by the building’s co-op board.

With Joanne Woodward now 95 and largely retired from public life following Newman’s death in 2008, the maisonette represents one of the last remaining Manhattan properties directly associated with the Oscar-winning couple — and one that is once again up for grabs after a rare boardroom reversal.

The two-bedroom, 1.5-bath residence at 1120 Fifth Ave. had entered contract on Dec. 5 following a flurry of buyer interest that included multiple bids above its $1.69 million asking price, The Post has learned.

But the agreement ultimately collapsed after the board declined to approve the purchaser, prompting the sellers to relist the apartment this week at the same price point. In an effort to manage what brokers expect will be another competitive round, all new offers are now being accepted through March 3, after which a winning bid will be selected.

The Paul Newman and Joanne Woodward maisonette at 1120 Fifth Ave. has returned to market as of Feb. 17 after the co-op board rejected the accepted deal. Niko Strbac/REPN

Actors Joanne Woodward and Paul Newman attend a reception for a special screening of “The Woodsman” on January 10, 2004 in New York City. Getty Images

“Several offers came in meaningfully above the asking price, and one was high enough that we felt we needed to reach out to the broker to confirm there wasn’t a typo,” said Noble Black of the Corcoran Group, who is marketing the property alongside colleagues Jennifer Kaufman Stillman and Jeffrey Gageby.

The residence previously went into contract on Dec. 5 after attracting multiple offers above its $1.69 million asking price. Niko Strbac/REPN

All new bids are now due by March 3. Niko Strbac/REPN

According to Black, the two-week window was implemented in anticipation that some of the original bidders may return, as well as to accommodate additional prospective buyers who have expressed interest since the unit first went into contract.

“The decision was made to allow everyone adequate time to view or revisit the property and reassess their strongest position,” he said.

The maisonette, which sits below the couple’s longtime penthouse, was used by Newman and Woodward as a working office and an occasional guest retreat in support of their primary residence upstairs. They had owned the retreat since the early 1980s.

The property served as the couple’s private office and guest retreat to their longtime penthouse upstairs and remains largely intact with their original furnishings, artwork and personal mementos. Niko Strbac/REPN

It features two bedrooms. Niko Strbac/REPN

Unlike the penthouse — which came to market in 2024 asking $9.95 million and ultimately sold for a much higher $14 million — the lower-level unit has remained largely preserved, retaining much of the couple’s furniture, artwork and personal effects.

“Although very different from the Newmans’ penthouse, the maisonette shares some important attributes- namely an amazing provenance and incredible ‘bones’,” Black noted, pointing to the residence’s proportions, oversized windows with Central Park views and its elevated positioning above street level.

The lobby-level entrance also contributes to its appeal, he added, describing the apartment as “more akin to a second floor than a maisonette.”

Noble Black of the Corcoran Group, said “several offers came in meaningfully above the asking price, and one was high enough that we felt we needed to reach out to the broker to confirm there wasn’t a typo.” Niko Strbac/REPN

Black added that the renewed two-week offer window is intended to give both past bidders and newly interested buyers time to reassess their positions. Niko Strbac/REPN

Black said the residence benefits from “an amazing provenance and incredible ‘bones’,” with generous proportions, Central Park views from oversized windows and a lobby-level entrance that makes it feel “more akin to a second floor than a maisonette.” Niko Strbac/REPN

Ultimately, he said, interest in the listing has stemmed from both its celebrity lineage and its underlying architectural merits.

“The Newman/Woodward connection also drew a lot of buyer attention,” Black said, adding that serious bidders were motivated by the apartment’s “sound bones and scarcity” as they structured their offers.

Located within a 1925 cooperative designed by noted society architect J.E.R. Carpenter, the residence includes a formal entry foyer that opens to a combined living and dining area with prewar detailing and views toward Central Park. A windowed eat-in kitchen and powder room sit just off the main entertaining space, while a separate bedroom wing contains two sleeping quarters and a full bath.