Unreal Estate: $32.5 M. for One-Bedroom

What makes patrician investor Christopher H. Browne’s $32.5 million duplex at 515 Park Avenue so mind-bogglingly awesome isn’t the telephone closet in the dressing room, the two wet bars or the custom bronze doors that open to make a 75-foot-long entertaining space. It’s the fact that the 6,500-square-foot duplex is basically a one-bedroom apartment.

To be sure, the apartment comes with two bonus maid’s studios at the bottom of the building, and the duplex’s top floor has a guest bedroom—but it’s smaller than Mr. Browne’s walk-in closet. The all-encompassing master bedroom suite also has a bathroom; a gym/dressing room (which has its own bathroom and closet); two hallways; and a 23-foot-long sitting room, which leads to something called a bedroom gallery, which has one of the duplex’s wet bars, which has its own powder room.

Update: An earlier version of this post misstated the asking price. It is $32.5 million.

- By Max Abelson