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
108 East 86th Street
New York, NY 10028
Co-op
About
Applications
Purchase Application - 108 East 86th Street (G)
Sublease Application - 108 East 86th Street (G)
Refinance Application: refinancing for a principal amount less than or up to your current outstanding principal - 108 East 86th Street
Refinance Application: refinancing for a principal amount greater than your current outstanding principal - 108 East 86th Street
Building Policies
Douglas Elliman
Licensed Associate Real Estate Broker
212.891.7619
ssealy@elliman.com
About: https://suzannesealy.elliman.com/about
- 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.
Douglas Elliman
Licensed Associate Real Estate Broker
212.891.7619
ssealy@elliman.com
About: https://suzannesealy.elliman.com/about
Property Contacts
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Building Fees
Co-Op Sale
| Payor | Building Fees | Amount | Due Upon |
|---|---|---|---|
| Buyer | Credit Report Fee | $175 | Submission |
| Buyer | Financing Fee | $300 | Submission |
| Buyer | Move In Deposit | $500 | Submission |
| Buyer | Processing Fee | $500 | 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 | $500 | Submission |
| Subtenant | Credit Report/Background Search Fee | $175 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 | 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:
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All building information and documentation provided by property management.
04/18/19