1016 Fifth Avenue

New York, NY 10028
Co-op
About
This 15-story prewar co-op residence is one of the avenue's most attractive buildings, clad in limestone and pale beige brick with an impressive entrance and sidewalk landscaping. The building, completed in 1926, has 56 large apartments and a relatively quiet location along the avenue's "Museum Mile" across from the Metropolitan Museum of Art. Residents enjoy stunning Central Park views and everything the Upper East Side has to offer including the shops and galleries of Madison Avenue, museums and more. Building amenities include a full-time doorman, private storage and a new fitness center.

BROKER SPECIALIST:
Douglas Elliman Real Estate
Jacky Teplitzky
jteplitzky@elliman.com
212.891.7263

https://thejackyteplitzkyteam.elliman.com/
Applications
1016 Fifth Avenue- Sale
1016 Fifth Ave- Refinance
Building Policies
  • Pet Policy: At the discretion of the Board
  • Subleasing Policy: Not permitted 
  • Flip Tax: Yes, 3% of the sales price paid by the Seller
  • Maintenance (if applicable) Tax Deductible: 42%
  • Financing Allowed: Yes, 50% of the purchase price
  • Pied-a-terre Policy: Allowed
  • Guarantors Policy: Allowed
  • Parents Purchasing for Children Policy: Allowed
  • Co-Purchaser Policy: Not Allowed
Property Contacts 2017 de primary rgb propertymgmnt

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Documents

Building Financials

2015 Financial Statement - 1016 Fifth Avenue.pdf $50.00 12/06/17
2016 Financial Statement - 1016 Fifth Avenue $50.00 12/06/17
2017 Financial Statement - 1016 Fifth Avenue.pdf $50.00 05/07/18

By Laws

By-Laws - 1016 Fifth Avenue.pdf $50.00 12/06/17

Building Proprietary Lease

Proprietary Lease - 1016 Fifth Avenue.pdf $50.00 01/03/18

Building Offering Plan And Amendments

Offering Plan ONLY - 1016 Fifth Avenue.pdf $150.00 04/28/17
Amenities

Special Amenities

Elevator
Laundry Room
Fitness Center
Hardwood Floors

On Site Services

Doorman

Pets

Dogs Only
Pets OK, Upon Approval
Cats Only

Building Type

Co-Op
Pre War
Building Fees

Co-Op Sale

Payor Building Fees Amount Due Upon
Buyer Application Fee $500 Submission
Buyer Credit Report Fee $200 per applicant Submission
Seller Lead Based Paint Disclosure Fee $75 Submission
Buyer Financing Fee $300 (if financing) Closing
Seller Closing Fee $700 plus $0.05 per share ($750 plus $0.05 per share Without a Broker) Closing
Seller Flip Tax 3% of the Purchase Price Closing

Refinance

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

Transfer

Payor Building Fees Amount Due Upon
Buyer Credit Report Fee $200 per applicant Submission
Buyer Estate Transfers $1000 plus $0.05 per share for NYS Stock Transfer Stamps Fee Submission
Buyer Lead Based Paint Disclosure Fee $75 Submission
Buyer Other Transfers $500 plus $0.05 per share for NYS stock transfer stamps 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.
06/21/19
Total Fees: 11

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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