The Real Deal New York

Walmart heiress picks up 515 Park Avenue duplex for $25M

Seller was Christopher H. Brown, who shattered records with his Hamptons home sale this year
June 12, 2014 04:00PM

Consider it a price rollback: Alice Walton of the Walmart dynasty has settled on digs that are considerably more affordable than the $70 million penthouse she was previously rumored to be eyeing.

The heiress purchased a $25 million co-op at Zeckendorf Realty’s 515 Park Avenue from the estate of Christopher H. Browne, which was behind the world’s most expensive home sale this year, the New York Post reported. The apartment, which occupies the 30th and 31st floors, debuted on the market in November with an asking price of $29.5 million.

Serena Boardman of Sotheby’s International Realty and John Burger of Brown Harris Stevens had the co-exclusive listing.

Among the amenities in the 6,346-square-foot, five-bedroom home are 52 windows, a grand staircase and a one-bedroom guest apartment, according to Curbed.

Walton’s neighbors include Broadway producer Harold Prince, who paid “The X-Factor” judge L.A. Reid $16.5 million for a 515 Park pad earlier this year. [NYP, 2nd item]Tom DiChristopher