108 East 86th Street

New York, NY 10028
Co-op
About
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

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

  • 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.
Suzanne Sealy
Douglas Elliman
Licensed Associate Real Estate Broker
212.891.7619
ssealy@elliman.com
About: https://suzannesealy.elliman.com/about

Property Contacts 2017 de primary rgb propertymgmnt

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Documents

By-Laws

By-Laws - 108 East 86th Street.pdf $50.00 10/02/18
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
BoardPackager Processing

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
Property Management

Property managed by:
2017 de primary rgb propertymgmnt
All building information and documentation provided by property management.
04/18/19
Total Fees: 17

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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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