111 East 85th Street

New York, NY 10028
Co-op
About
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
Applications
111 East 85th Street - Sale (G)
111 East 85th Street - Sublease (G)
111 East 85th Street - Renewal
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 2017 de primary rgb propertymgmnt

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Documents

By-Laws

By Laws - 111 East 85th Street $50.00 04/27/17

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 Proprietary Lease

Proprietary Lease - 111 East 85th Street.pdf $50.00 04/27/17

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
Amenities

Parking

Covered Parking
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
Shareholder Sublease 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.
07/18/19
Total Fees: 48

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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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