J.Lo paid high: Singer and A-Rod shell out $15.3M for new pad

New condo spans 4,000 sf

432 Park Avenue, Jennifer Lopez and Alex Rodriguez (Credit: Getty Images)
432 Park Avenue, Jennifer Lopez and Alex Rodriguez (Credit: Getty Images)

Jennifer Lopez’s love might not cost a thing, but her new digs with retired Yankees star Alex Rodriguez came with a $15.3 million price tag.

The couple purchased a 4,000-square-foot apartment at CIM Group and Macklowe Properties’ supertall 432 Park Avenue, the Wall Street Journal reported. The unit features four bedrooms, four-and-a-half bathrooms and Central Park views.

Douglas Elliman’s Shari Scharfer-Rollins, Richard Steinberg, Sabrina Saltiel and Roger Erickson represented the owner. Adam Modlin of the Modlin Group represented the buyer.

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Lopez is trying to sell her penthouse at the Whitman building near Madison Square Park. She bought that unit back in 2014 for $20.2 million and has listed the property for $26.95 million.

Earlier this month, a penthouse in the tower sold for $32.4 million. The building is more than 85 percent sold and crossed the $2 billion threshold in February.

Other notable buyers at 432 Park include Saudi retail magnate Fawaz Al Hokair, tequila heir Juan Beckmann Vidal and Melco International CEO Lawrence Ho. [WSJ] — Kathryn Brenzel