1111 Park Avenue

New York, NY 10128
Co-op
About
This 14-story apartment building on the southeast corner at 90th Street was completed in 1925 by the Bricken Construction Company and designed by Schwartz & Gross. The building has 80 apartments and was converted to a co-operative in 1957.

BROKER SPECIALIST:
Douglas Elliman Real Estate
Pam Nichols
pnichols@elliman.com
212.350.2232

https://www.elliman.com/real-estate-agent/pamela-nichols/2276
Applications
1111 Park Avenue - Sale (G)
1111 Park Avenue - Sublease (G)
Refinance - Monthly Payments Higher than Current Monthly Payments
Refinance - Refinancing Maximum of 50% of Appraisal
Building Policies
Pet Policy: Allowed., Flip Tax: Yes, 2% if purchased on or after 10/1/98; 1 1/4% if purchased prior to 10/1/98 but on or after 10/1/83; 1/2% if purchased prior to 10/1/83., Financing Allowed: 50% of purchase price, Pied-a-terre Policy: Not Allowed
Property Contacts 2017 de primary rgb propertymgmnt

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Documents

Building Financials

2016 Financial Statement - 1111 Park Avenue $50.00 10/11/17
2017 Financial Statement - 1111 Park Avenue $50.00 06/03/19
2018 Financial Statement - 1111 Park Avenue $50.00 02/20/19

By Laws

By-Laws - 1111 Park Avenue.pdf $50.00 10/30/17

Building Proprietary Lease

Proprietary Lease - 1111 Park Avenue.pdf $50.00 01/03/18
Amenities

Special Amenities

Elevator
Fitness Center
Laundry Room

On Site Services

Doorman

Pets

Dogs Only
Pets OK, Upon Approval
Cats Only
Building Fees

Co-Op Sale

Payor Building Fees Amount Due Upon
Buyer Application Fee $500 Submission
Buyer Financing Fee $150 (if financing) Submission
Buyer Monthly Membership Fee $80 Submission
Buyer Tenant Data Verification Fee $75 Per applicant Submission
Seller Lead Based Paint Disclosure Fee $75 Submission
Seller Processing Fee $500 Submission
Buyer Flip Tax See flip tax memo Closing
Buyer Move In Fee $2,500 Closing
Buyer Health Club Membership $1500 (check payable to 1111 Health Club) Submission

Co-Op Sublet

Payor Building Fees Amount Due Upon
Shareholder Corporate Surcharge 15% of Monthly Maintenance and Rental Income Submission
Shareholder Lead Based Paint Disclosure Fee $75 Submission
Shareholder Processing Fee $300 Submission
Subtenant Application Fee $200 Submission

Less Refinance

Payor Building Fees Amount Due Upon
Shareholder Financing Fee $400 Submission

More Refinance

Payor Building Fees Amount Due Upon
Shareholder Credit Report Fee $75 per applicant Submission
Shareholder Financing Fee $400 Submission

Lease Renewal

Payor Building Fees Amount Due Upon
Shareholder Renewal Fee $300 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.
09/06/19
Total Fees: 35

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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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