212.370.9200 or Email Us

212.370.9200 or Email Us

108 East 86th Street

New York, NY 10028
108 East 86th Street just off Park Avenue was built in 1924 and converted to co-operative in 1980. Displayed on a wall near the elevator in the buildings lobby, a framed copy of the original advertisement from 1924 announces apartment sales for simplexes of 5-6 rooms on floors 2-6 and larger duplexes on the floors above. Over the years, the duplexes were eliminated and turned into simplexes, the last in 1971. Original floor plans from the period show sewing rooms as well as fireplaces in the master bedrooms which no longer exist. Today, this intimate co-op with full service doorman and resident super has 28 apartments on 15 floors.

Suzanne Sealy
Douglas Elliman 
Licensed Associate Real Estate Broker
About: https://suzannesealy.elliman.com/about
Property Contacts

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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

Subletting Allowed
Subleasing is discouraged. Any shareholder wishing to sublease must request approval in principle to sublet apartment. Permission to sublet must be granted by the Board of Directors before the Subtenant submits an application. A sublease fee of 10% of monthly rent OR 10% of monthly maintenance, whichever is greater, will be billed on the Shareholder's monthly maintenance statement for the duration of the sublease. Shareholders may sublet for a maximum of one (1) year in a 10 year period.

Financing Policies

Max Financing as %
75% of purchase price
Building & Management Fees

Co-Op Sale

Payor Building Fees Amount Due Upon
Buyer Credit Report Fee & Background Check $200 per applicant Submission
Buyer Financing Fee $300 Submission
Buyer Move In Deposit $500 Submission
Buyer Processing Fee $550 Submission
Seller Lead Based Paint Disclosure Fee $75 Submission
Seller Move Out Deposit $500 Submission
Seller Closing Fee $700 ($750 without a Broker) Closing
Seller Flip Tax 2% of the gross purchase price Closing

Co-Op Sublet

Payor Building Fees Amount Due Upon
Shareholder Lead Based Paint Disclosure Fee $75 Submission
Shareholder Move Out Deposit $500 Submission
Subtenant Application Fee $550 Submission
Subtenant Credit Report/Background Search Fee $200 per applicant Submission
Subtenant Move In Deposit $500 Submission

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

Single Application Initiation Fee

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

Payor Type Amount Due Upon
Agent /
Current Resident
Application Participants Any Free N/A

Digital Submission Fee

Payor Type Amount Due Upon
Applicant Purchase
$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)
Property Management

Property managed by:

All building information and documentation provided by property management.
Total Fees: 95

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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