03/28/2008 02:45 am ET | Updated May 25, 2011

Gayle King Buys $7M New York Penthouse, Financing Unknown

We should be seeing a lot more of Oprah Winfrey in the Big Apple, since her "best friend" Gayle King has bought a Manhattan apartment.

Sources tell us that King, a longtime Connecticut resident, has purchased the penthouse apartment at Place 57 on East 57th Street for approximately $7.4 million. King's full-floor sky palace has three bedrooms, 3½ baths, a large living room/dining area and a 768-square-foot wraparound terrace.

The spacious condo features soaring ceilings, two fireplaces, 360-degree views, a gourmet kitchen with Viking appliances and marble baths.

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View a floor plan of the apartment here.