Jean Marie Echemendia Living Trust & Vanessa Kouri Purchase Co-Op At 880 Fifth Avenue For $14.9M
880 5th Avenue
$14,900,000
Building Size
—
Asset Type
Co-Op
Closing
Oct 29, 2026
About this deal
AI
A penthouse located at 880 5th Avenue on the Upper East Side has been sold for $14,900,000. The asset is a co-op featuring four bedrooms and 4.5 bathrooms, initially listed at $15,800,000.
Summary of transaction details:
- Property Type: Co-Op
- Transaction Amount: $14,900,000
- Buyer: Jean Marie Echemendia Living Trust & Vanessa Kouri
- Seller: Steven Prince & Debra Prince
- Market: Upper East Side
- Brokerage Representation: Lisa Lippman & Gerard (Scott) Moore - Brown Harris Stevens
Steven Prince and Debra Prince participated in the sale of their penthouse, with Lisa Lippman and Scott Moore handling the listing for Brown Harris Stevens. The transaction reflects a significant move in the real estate market within this premium neighborhood.
On the Map
$14,900,000
Co-Op
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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
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93