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907 5th Avenue

Updated Aug 24, 2026

Saeed And Edna Amirian Purchase Upper East Side Co-Op From Weis Family For $6 Million
SOLDCo-Op

Saeed And Edna Amirian Purchase Upper East Side Co-Op From Weis Family For $6 Million

907 5th Avenue

$6,000,000

Building Size

Asset Type

Co-Op

Closing

Jul 29, 2026

About this deal

AI

The property involved in this transaction is a co-op located at 907 5th Avenue in the Upper East Side market. The unit, which features four bedrooms, was sold for $6 million after initially being listed for $6.5 million.

Summary of transaction details:

  • Property Type: Co-Op
  • Transaction Amount: $6,000,000
  • Buyer: Saeed Amirian & Edna Amirian
  • Seller: Weis Family
  • Broker: Wendy Greenbaum - Coldwell Banker
  • Date of Transaction: 07/29/2026

The Weis Family, known for owning the Weis Markets grocery chain, divested their longtime Fifth Avenue Upper East Side co-op to the Amirian couple, who financed the purchase in cash.

Players

Wendy Greenbaum

Coldwell Banker

Broker
Broker

Avenue 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

2.64%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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