Estate Of Anne Hendricks Bass Sells Co-Op On 5th Avenue For $53.5M With Broker Alexa Lambert
960 5th Avenue
$53,500,000
Building Size
—
Asset Type
Co-Op
Closing
Jan 15, 2025
About this deal
AI
A unit at 960 5th Avenue in Manhattan sold for $53,500,000. This co-op features 8 bedrooms and 7 bathrooms, along with two staff rooms and views of Central Park.
Summary of transaction details:
- Property Type: Co-Op
- Transaction Amount: $53,500,000
- Address: 960 5th Avenue
- Market: Manhattan
- Seller: Estate of Anne Hendricks Bass
- Broker: Alexa Lambert - Compass
The sale represents the most expensive co-op transaction of the year so far, highlighting the competitive nature of the Manhattan real estate market.
The co op sale at 960 5th Avenue in New York, New York sold for $53.5M in 2025. 960 5th Avenue is classified as Co Op on Traded. Alexa Lambert, Compass appear on the sale alongside Compass. This page is the New York, New York file for the 960 5th Avenue co op sold: pricing, party profiles, and other closed co op comps from the same New York sit in the Market section below. Filter that New York co op set by closing date to see what else sold near 960 5th Avenue around 2025. Published consideration for 960 5th Avenue is $53.5M, dated 2025. Cite this Estate Of Anne Hendricks Bass Sells Co-Op On 5th Avenue For $53.5M With Broker Alexa Lambert sale when underwriting similar co op product around New York, New York.
Players
New York Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.30%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93