212.370.9200 or Email Us

212.370.9200 or Email Us

1016 Fifth Avenue

New York, NY 10028
Co-op
About
This 15-story prewar co-op residence is one of the avenue's most attractive buildings, clad in limestone and pale beige brick with an impressive entrance and sidewalk landscaping. The building, completed in 1926, has 56 large apartments and a relatively quiet location along the avenue's "Museum Mile" across from the Metropolitan Museum of Art. Residents enjoy stunning Central Park views and everything the Upper East Side has to offer including the shops and galleries of Madison Avenue, museums and more. Building amenities include a full-time doorman, private storage and a new fitness center.

BROKER SPECIALIST:
Douglas Elliman Real Estate
Jacky Teplitzky
jteplitzky@elliman.com
212.891.7263

https://thejackyteplitzkyteam.elliman.com/
Applications
Property Contacts 2017 de primary rgb propertymgmnt  1

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Questionnaires

Have a questionnaire completed by property management.
Documents

Building Financials

2016 Financial Statement - 1016 Fifth Avenue $50.00 12/06/17
2017 Financial Statement - 1016 Fifth Avenue.pdf $50.00 02/02/21
2018 Financial Statement - 1016 Fifth Avenue $50.00 05/12/20

By Laws

By-Laws - 1016 Fifth Avenue.pdf $50.00 12/06/17

Building Offering Plan And Amendments

Offering Plan ONLY - 1016 Fifth Avenue.pdf $150.00 10/27/20

Building Proprietary Lease

Proprietary Lease - 1016 Fifth Avenue $50.00 02/02/21
Additional Services

BoardPackager Services are administered exclusively by BoardPackager. All services are separate from those provided by Property Management Companies to their clients. All BoardPackager services are provided with full knowledge and cooporation with Property Management, but without Property Management supervision. Any fees associated with services offered are BoardPackager fees.
Building Policies

General Policies

Pets Allowed
At the discretion of the Board
Guarantors Allowed
Subletting Not Allowed
Pied-a-terre Allowed
Co-Purchasing Not Allowed
Parents Buying for Employed Child(ren) Allowed
Parents Buying for Student Child(ren) Allowed

Financing Policies

Max Financing as %
50% of purchase price

Additional Building Information

  • Flip Tax: Yes, 3% of the sales price paid by the Seller
  • Maintenance (if applicable) Tax Deductible: 42%
Amenities

Building & Management Fees

Co-Op Sale

Payor Building Fees Amount Due Upon
Buyer Application Fee $550 Submission
Buyer Credit Report Fee $200 per applicant Submission
Seller Lead Based Paint Disclosure Fee $75 Submission
Buyer Financing Fee $300 (if financing) Closing
Seller Closing Fee $700 plus $0.05 per share ($750 plus $0.05 per share Without a Broker) Closing
Seller Flip Tax 3% of the Purchase Price Closing

Less Refinance

Payor Building Fees Amount Due Upon
Shareholder Processing Fee $400 Submission

More Refinance

Payor Building Fees Amount Due Upon
Shareholder Processing Fee $400 Submission

Co-Op Transfer

Payor Building Fees Amount Due Upon
Buyer Credit Report Fee $200 per applicant Submission
Buyer Estate Transfers $1000 plus $0.05 per share for NYS Stock Transfer Stamps Fee Submission
Buyer Lead Based Paint Disclosure Fee $75 Submission
Buyer Other Transfers $500 plus $0.05 per share for NYS stock transfer stamps Submission
Processing

Single Application Initiation Fee

One-time fee paid by the person who begins the application

Payor Type Amount Due Upon
Agent /
Attorney
Applicant
Current Resident
Sale/Lease
Sale/Lease
Refinance/Renewal
$50
$100
Free
Initiation
Initiation
N/A
Application Participants Any Free N/A

Digital Submission Fee

Payor Type Amount Due Upon
Applicant Purchase
Lease/Sublet
Renewal
$45 Complimentary
Shareholder Refinance $45 Complimentary

App Admin Fee

Payor Amount Due Upon
Any Participant Paying Building Fees 5% of Total
(excluding Digital Submission & Initiation Fees)
Submission
Property Management

Property managed by:
2017 de primary rgb propertymgmnt  1
All building information and documentation provided by property management.
03/03/21
Total Fees: 35

Copyright © Douglas Elliman Property Management - All rights reserved.
Disclaimer: All information regarding or relating to the property for sale, rental or financing is from sources deemed reliable. No representation is made as to the accuracy thereof, and such information is subject to errors, omissions or change.

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