Hedgie heavyweight drops $33M on 432 Park condo

The sales keep coming at 432 Park Avenue. Just one month after a Saudi billionaire officially scooped up a penthouse for $88 million, another deep-pocketed buyer has closed on a pad high in the sky, paying over $8,200 per square foot for those Big Apple views.

Patrik Edsparr, the co-founder and CIO for Hong Kong-based investment management firm Tor Investment Management, paid $33 million, or $8,250 per square foot, for the three-bedroom, 4.5 bath apartment on the 87th floor.

Edsparr, who formerly led the securities division at Ken Griffin’s Citadel Investment Group, used an LLC called Bigappleview to buy the 4,000-square-foot apartment, the New York Observer reported.

The pad, which was listed for $38.5 million, has soaring views, a private elevator, an eat-in kitchen with marble floors, a center island and a corner living-slash-dining-room.

Last month, Saudi retail magnate Fawaz Al Hokair closed on an apartment there for a whopping $10,623 per square foot.  That deal was the biggest closed sale in New York so far this year. Before that, the priciest closed sale at the building was a full-floor unit for $59.1 million. Edsparr’s old boss, Griffin, is rumored to have paid over $200 million at Vornado Realty Trust’s [TRDataCustom] 220 Central Park South.

Douglas Elliman is handling sales at 432 Park, developed by Macklowe Properties and CIM Group and designed by starchitect Rafael Vinoly. [NYO] — Miriam Hall