This 14-story, 60-unit Park Avenue residence designed by J. E. R. Carpenter, the most celebrated architect of luxury apartment buildings of his generation was built in 1923 and converted to a cooperative in 1959. Its location at the southern end of Carnegie Hill puts residents a short walk from 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. 1050 Park Avenue is also convenient to the Lexington Avenue express subway line at 86th Street.
BROKER
SPECIALIST:
Douglas Elliman Real Estate
Dianne Van Laer
dvanlaer@elliman.com
212.891.7192
https://www.elliman.com/real-estate-agent/dianne-van-laer/3241
1050 Park Avenue
New York, NY 10028
Co-op
About
Applications
1050 Park Avenue - Sale
1050 Park Avenue- Refinance
Building Policies
- Pet Policy: At the discretion of the Board
- Subleasing Policy: Not allowed
- At the discretion of the Board
- Flip Tax: Yes, 2% of sales price, paid by the Seller
- Maintenance (if applicable) Tax Deductible: 37%
- Financing Allowed: Yes, 50% of purchase price
- Pied-a-terre Policy: Allowed
- Guarantors Policy: Allowed
- Parents Purchasing for Children Policy: Allowed
- Co-Purchaser Policy: Not Allowed
Property Contacts
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Building Financials
| 2015 Financial Statement - 1050 Park Avenue.pdf | $50.00 | 03/24/17 | |
| 2016 Financial Statement - 1050 Park Avenue | $50.00 | 04/12/17 | |
| 2017 Financial Statement - 1050 Park Avenue.pdf | $50.00 | 05/07/18 |
By Laws
| By-Laws - 1050 Park Avenue.pdf | $50.00 | 03/24/17 |
Building Proprietary Lease
| Proprietary Lease - 1050 Park Avenue.pdf | $50.00 | 06/02/17 |
Building Offering Plan And Amendments
| Offering Plan ONLY - 1050 Park Avenue.pdf | $150.00 | 04/28/17 |
Special Amenities
Elevator
Laundry Room
Hardwood Floors
Laundry Room
Hardwood Floors
Fitness Center
Basement/Storage Unit on Site
Basement/Storage Unit on Site
On Site Services
Doorman
Concierge
Pets
Pets OK, Upon Approval
Building Fees
Co-Op Sale
| Payor | Building Fees | Amount | Due Upon |
|---|---|---|---|
| Buyer | Credit Report Fee | $816.56 per applicant; $1,524.25 for a married couple (non-refundable) | Submission |
| Buyer | Processing Fee | $350 | Submission |
| Seller | Lead Based Paint Disclosure Fee | $75 | Submission |
| Buyer | Financing Fee | $300 | Closing |
| Seller | Closing Fee | $700 ($750 plus $0.05 per share without a Broker) | Closing |
| Seller | Flip Tax | 2% of Selling Price | Closing |
Refinance
| Payor | Building Fees | Amount | Due Upon |
|---|---|---|---|
| Shareholder | Processing Fee | $400 | Submission |
Single Application Initiation Fee
One-time fee paid by the person who begins the application
| Payor | Fees | Amount | Due Upon |
|---|---|---|---|
| Application Initiator |
If Agent or Attorney If Applicant or Owner |
$50 $100 |
Initiation |
| Application Participants | Any | Free | N/A |
Application Submission Fee
| Payor | Amount | Due Upon | |
|---|---|---|---|
| Applicant | $45 | Complimentary |
Credit Card Processing Fee
| Payor | Fees | Amount | Due Upon |
|---|---|---|---|
| Any Participant Paying Building Fees | Credit Card Processing |
5% of Total (excluding Submission & Initiation Fees) |
Submission |
For more detailed information, please see our Pricing page
Property Management
Property managed by:
All building information and documentation provided by property management.
All building information and documentation provided by property management.
07/10/19