Trust Associated With Suzanne Von Liebig Sells Co-op At 969 Fifth Avenue For $13,000,000
969 Fifth Avenue, 969 Fifth Avenue New York & 969 5th Avenue
$13,000,000
Building Size
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Asset Type
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Closing
May 23, 2026
AI
A co-op located at 969 5th Avenue in the Upper East Side has completed a sale. The transaction was finalized for a price of $13 million. This asset represents a significant deal within the market, reflecting the value of the property.
Summary of transaction details:
- Property Type: Co-Op
- Transaction Amount: $13,000,000
- Address: 969 5th Avenue
- Market: Upper East Side
- Seller: A trust tied to late philanthropist Suzanne von Liebig
- Buyer: A trust
- Broker: Adam Modlin & Andrew Nierenberg - Modlin Group
The transaction involved Adam Modlin and Andrew Nierenberg from Modlin Group, representing the seller. The deal reflects the ongoing interest in high-value properties within the Upper East Side market.
Players
Avenue CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93