This 30-story building, completed in 1972, was one of the first tall apartment towers in the Yorkville area. Its 156 units were converted to cooperative apartments in 1979. The residential tower rises from the middle, allowing for excellent and unusual views. This prime Upper East Side location puts residents a short walk from Central Park as well as museums, Madison Avenue shopping and restaurants and all that this highly desirable neighborhood has to offer.
BROKER
SPECIALIST:
Douglas Elliman Real Estate
Susan Kaplan
skaplan@elliman.com
212.650.4827
https://www.elliman.com/real-estate-agent/susan-kaplan/1563
111 East 85th Street
New York, NY 10028
Co-op
About
Applications
111 East 85th Street - Sale (G)
111 East 85th Street - Sublease (G)
111 East 85th Street- Refinance
Building Policies
Pet Policy: At the discretion of the Board, Subleasing Policy: Allowed. At the discretion of the Board, Flip Tax: None, Maintenance (if applicable) Tax Deductible: 53%, Financing Allowed: Yes, 65% of sales price., Pied-a-terre Policy: Not Allowed, Guarantors Policy: Allowed, Parents Purchasing for Children Policy: Allowed, Co-Purchaser Policy: Not Allowed, Washer/Dryer: Allowed, A Corporate Sublet fee in an amount equal to 25% of the monthly maintenance will be
charged to the shareholders maintenance account for the duration of the sublease agreement.
Property Contacts
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Building Financials
| 2015 Financial Statement - 111 East 85th Street.pdf | $50.00 | 07/25/17 | |
| 2016 Financial Statement - 111 East 85th Street | $50.00 | 07/25/17 | |
| 2017 Financial Statement - 111 East 85th Street.pdf | $50.00 | 07/14/18 |
Building Offering Plan And Amendments
| 10th Amendments - 111 East 85th Street.pdf | $50.00 | 04/27/17 | |
| Amendments 1-10 - 111 East 85th Street.pdf | $150.00 | 04/27/17 | |
| Offering Plan ONLY - 111 East 85th Street.pdf | $150.00 | 04/27/17 | |
| Offering Plan and Amendments 1-10 - 111 East 85th Street.pdf | $250.00 | 10/27/17 |
Building Proprietary Lease
| Proprietary Lease - 111 East 85th Street.pdf | $50.00 | 04/27/17 |
By-Laws
| By Laws - 111 East 85th Street | $50.00 | 04/27/17 |
Building Fees
Co-Op Sale
| Payor | Building Fees | Amount | Due Upon |
|---|---|---|---|
| Buyer | Application Fee | $350 | Submission |
| Buyer | Credit Report Fee | $75 per Applicant | Submission |
| Seller | Lead Paint Disclosure Fee | $75 | Submission |
| Buyer | Financing Fee (If Applicable) | $300 if financing | Closing |
| Seller | Closing Fee | $700 plus $0.05 per Share ($750 plus $0.05 per Share Without a Broker) | Closing |
Co-Op Sublet
| Payor | Building Fees | Amount | Due Upon |
|---|---|---|---|
| Shareholder | Escrow (Security Deposit) | $3,000 | Submission |
| Shareholder | Lead Based Paint Disclosure Fee | $75 | Submission |
| Shareholder | Processing Fee | $300 | Submission |
| Shareholder | Sublet Fee | 25% of the Monthly Maintenance Fee | Submission |
| Subtenant | Sublet Application Fee | $200 | Submission |
Refinance
| Payor | Building Fees | Amount | Due Upon |
|---|---|---|---|
| Shareholder | Financing Processing Fee | $400 | Submission |
Sublet Renewal
| Payor | Building Fees | Amount | Due Upon |
|---|---|---|---|
| Subtenant | Sublease Renewal Fee | $300 | 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.
06/05/19