The canopied Park Avenue entrance at this 15-floor brown-brick building leads to a notably elegant step-down lobby. The prewar co-op was built in 1923 and converted sixty years later. Its location at the southern end of Carnegie Hill puts it near the Metropolitan Museum of Art and other museums as well as the restaurants, boutiques and art galleries of Madison Avenue and everything else the Upper East Side has to offer, combined with the convenience of being only steps away from the Lexington Avenue express subway line at 86th Street.
BROKER SPECIALIST:
Douglas Elliman Real Estate
Sabrina Saltiel
SSALTIEL@elliman.com
212.350.2205
https://sabrinasaltielteam.elliman.com/
1045 Park Avenue
New York, NY 10028
Co-op
Applications
Property Contacts
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Questionnaires
Have a questionnaire completed by property management.
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.
General Policies
Pets Allowed
At the discretion of the Board
Guarantors Allowed
Subletting Allowed
At the discretion of the Board
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
- Sublease Fee: 35% of the Annual Maintenance for the First Year; 50% of the Annual Maintenance for the Second Year; 100% of the Annual Maintenance for the Third Year and any year beyond.
- Flip Tax: Yes, 2% of purchase price, paid by the Seller
- Maintenance (if applicable) Tax Deductible: 55%
Co-Op Sale
| Payor | Building Fees | Amount | Due Upon |
|---|---|---|---|
| Buyer | Application Fee (Non-Refundable) | $500 | Submission |
| Buyer | Appraisal Research and Co-op Supplement | $250 (if financing) | Submission |
| Buyer | Credit Report Fee (Non-Refundable) | $100 Per applicant | Submission |
| Buyer | Move In Deposit (Refundable) | $500 | Submission |
| Seller | Lead Based Paint Disclosure Fee | $75 | Submission |
| Seller | Move Out Deposit (Refundable) | $500 | Submission |
| Buyer | Apartment Combination Fee (Non-Refundable) | $7500 (if applicable) | Closing |
| Buyer | Cancellation Charge if Transfer Agent is required to attend Closing which is not Consummated | $250 | Closing |
| Buyer | Financing Fee (Non-Refundable) | $300 (if financing) | Closing |
| Buyer | If Closing is not Completed within 2 Hours | $250 | Closing |
| Seller | Closing Fee | $700 plus $0.05 per share ($750 plus $0.05 per share Without a Broker) | Closing |
| Seller | Flip Tax | 2% of purchase price | Closing |
Co-Op Sublet
| Payor | Building Fees | Amount | Due Upon |
|---|---|---|---|
| Shareholder | Lead Based Paint Disclosure Fee | $75 | Submission |
| Shareholder | Move Out Deposit (Refundable if no damage) | $500 | Submission |
| Shareholder | Sublet fee | 35% of the Annual Maintenance for the First Year; 50% of the Annual Maintenance for the Second Year; 100% of the Annual Maintenance for the Third Year and any year beyond. | Submission |
| Shareholder | Subletting Fee | $250 | Submission |
| Subtenant | Application Fee (Non-Refundable) | $300 | Submission |
| Subtenant | Credit Report Fee (Non-Refundable) | $100 per Applicant | Submission |
| Subtenant | Move In Deposit (Refundable if no damage) | $500 | Submission |
Sublet Renewal
| Payor | Building Fees | Amount | Due Upon |
|---|---|---|---|
| Shareholder | Processing Fee | $300 | Submission |
| Shareholder | Sublet Fee | 35% of the Annual Maintenance for the First Year; 50% of the Annual Maintenance for the Second Year; 100% of the Annual Maintenance for the Third Year and any year beyond. | Submission |
Less Refinance
| Payor | Building Fees | Amount | Due Upon |
|---|---|---|---|
| Shareholder | Appraisal Research and Co-Op Supplement/Certification Fee (Non-Refundable) | $250 | Submission |
| Shareholder | Financing Fee (Non-Refundable) | $400 | Submission |
More Refinance
| Payor | Building Fees | Amount | Due Upon |
|---|---|---|---|
| Shareholder | Appraisal Research and Co-Op Supplement/Certification Fee (Non-Refundable) | $250 | Submission |
| Shareholder | Financing Fee (Non-Refundable) | $400 | Submission |
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 |
If you are a real estate agent affiliated with one our enterprise brokerage clients, starting an application is covered by your brokerage.
Digital Submission Fee
| Payor | Type | Amount | Due Upon |
|---|---|---|---|
| Applicant | Purchase Lease/Sublet Renewal |
$45 | Complimentary |
App Admin Fee
| Payor | Amount | Due Upon |
|---|---|---|
| Any Participant Paying Building Fees | 5% of Total (excluding Digital Submission & Initiation Fees) |
Submission |
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Property Management
Property managed by:
All building information and documentation provided by property management.
All building information and documentation provided by property management.
06/01/21