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Wal-Mart heiress Alice Walton buys $25 million NYC duplex unit

Alice Walton, daughter of Sam Walton - founder of retail chain Wal-Mart, has reportedly purchased a home in Lenox Hill, New York City, for $25 million.

The New York Post reports that the billionaire heiress plunked some big money on a duplex apartment at 5151 Park Avenue. The unit apparently belonged to late Christopher H. Brown, whose Hamptons estate recently sold for a record breaking $147 million.

John Burger of Brown Harris Stevens and Serena Boardman of Sotheby's International Realty had the listing, according to The Real Deal.

Walton's new residence is a 6,286-square-feet duplex apartment, comprising of five bedrooms and six bathrooms, which occupies the 30th and 31st floors of the building.

Floor plans of the home show that private elevators open into a private landing that directly opens into a slender gallery. The main floor has a living room, a study, a separate library, a dining room and a modern kitchen with a breakfast area and pantry.

The left wing of the upper level is completely dedicated to the master suite that has a sitting room and dressing room of its own with the en-suite bathroom. There is another bedrooms and a media room on the level.

Interiors of the home feature hardwood flooring, large glass windows that offer panoramic views of the city's skyline and high drywall ceilings. The home gives off a very Zen feel. Take a look at the photos of the home here.

Just a few months ago, Walton was rumored to be the buyer of the $70 million penthouse on Fifth Avenue that once belonged to Sir Edgar Bronfman Sr. The Seagram billionaire and his family lived in the L-shaped luxury home for about 40 years before listing it. The place was asking $65 million but a fierce bidding war reportedly pushed the price up $5 million.

Heirs of the Wal-Mart fortune are one of the richest families of America with a combined net worth of $140 billion. A recent report released Tuesday revealed that the heirs hardly give 0.04 percent of their fortune to charitable organizations, reports The Huffington Post.


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