Michael Fribourg Purchases Co-Op At 993 5th Avenue For $14.3M With Brokers Melissa Ryan Kaiser & Cindy Miao

Michael Fribourg purchased a 5,000-square-foot co-op at 993 Fifth Avenue in the Upper East Side for $14.3 million, marking it as New York City’s priciest recorded residential sale during the period. The property features six bedrooms and six-and-a-half bathrooms, with views overlooking the Metropolitan Museum of Art. The unit was last on the market with an asking price of $15.3 million.

Summary of transaction details:

• Property Type: Co-Op
• Transaction Amount: $14,300,000
• Square Footage: 5,000
• Price Per Square Foot: $2,860
• Address: 993 5th Avenue
• Market: Upper East Side
• Buyer: Michael Fribourg
• Broker: Melissa Ryan Kaiser & Cindy Miao - Compass

Melissa Ryan Kaiser and Cindy Miao represented the buyer, Michael Fribourg, in the transaction, providing their brokerage services throughout the deal. The purchase underlines the competitive nature of the Upper East Side market, particularly for high-end residential properties.