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969 Fifth Avenue

Trust Associated With Suzanne Von Liebig Sells Co-op At 969 Fifth Avenue For $13,000,000
SOLD

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

Asset Type

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

Adam Modlin

Modlin Group

Broker

$1B

vol

30 deals

Broker

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