212.370.9200 or Email Us

212.370.9200 or Email Us

1 Sutton Place South

New York, NY 10022
Co-op
About
Overlooking the East River between 56th and 57th Streets, 1 Sutton Place South is one of the city's finest addresses. The 13-story co-op residence has an elegant triple-arched driveway entrance that opens to a lobby that, in turn, gives way to a private garden facing the East River. Residents can peer from the street through the arches and glimpse the garden, a rare degree of transparency. The neo-Georgian style building was completed in 1927 and designed by Rosario Candela, widely considered to have been the country's greatest designer of luxury apartment buildings. The pre-war building is topped with an opulent penthouse, a 17-room unit that has 5,000 square feet of interior space and 6,000 square feet of terraces that wrap entirely around it.

BROKER SPECIALIST:
Douglas Elliman Real Estate
Diane Johnson
djohnson@elliman.com
212.418.2075

https://www.elliman.com/real-estate-agent/listings/sale/diane-johnson/1510
Applications
Property Contacts

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Documents

Additional Services

BoardPackager Services are administered exclusively by BoardPackager. All services are separate from those provided by Property Management Companies to their clients. All BoardPackager services are provided with full knowledge and cooporation with Property Management, but without Property Management supervision. Any fees associated with services offered are BoardPackager fees.
Building Policies

General Policies

Subletting Not Allowed

Financing Policies

Max Financing as %
50% of purchase price
Building & Management Fees

Co-Op Sale

Payor Building Fees Amount Due Upon
Buyer Application Fee (Non-Refundable) $500 Submission
Buyer Cancellation Charge if Transfer Agent is required to attend Closing which is not Consummated $250 Submission
Buyer Financing Fee $300 if financing Submission
Buyer If Closing is not Completed within 2 Hours $250 Submission
Buyer Move In Fee (Non-Refundable) $1,000 Submission
Seller Lead Based Paint Disclosure Fee $75 Submission
Buyer Flip Tax $__ equal to 3% of the purchase price Closing
Seller Closing Fee $700 plus $0.05 per share ($750 plus $0.05 per share Without a Broker) Closing
Processing

Single Application Initiation Fee

One-time fee paid by the person who begins the application

Payor Type Amount Due Upon
Agent /
Attorney
Applicant
Current Resident
Sale/Lease
Sale/Lease
Refinance/Renewal
$50
$100
Free
Initiation
Initiation
N/A
Application Participants Any Free N/A

Digital Submission Fee

Payor Type Amount Due Upon
Applicant Purchase
Lease/Sublet
Renewal
$45 Complimentary

App Admin Fee

Payor Amount Due Upon
Any Participant Paying Building Fees 5% of Total
(excluding Digital Submission & Initiation Fees)
Submission
Property Management

Property managed by:

All building information and documentation provided by property management.
06/07/21
Total Fees: 15

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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