Oheka Castle has just crowned some new owners.
The storied Long Island property sold at auction Tuesday for $72 million, plus buyer premium, to its new owners: Gold Coast Property & Estate Management partners Ronald Browning and Paul Alflen. The sale saw seven participants total take their shot at owning America’s second-largest residence.
A 2025 appraisal, done as part of Oheka’s Chapter 11 bankruptcy proceedings, valued the property at a much higher $137 million—meaning they’re buying it all for nearly 50% off…