1045 Park Avenue

New York, NY 10028
Co-op
About
The canopied Park Avenue entrance at this 15-floor brown-brick building leads to a notably elegant step-down lobby. The prewar co-op was built in 1923 and converted sixty years later. Its location at the southern end of Carnegie Hill puts it near the Metropolitan Museum of Art and other museums as well as the restaurants, boutiques and art galleries of Madison Avenue and everything else the Upper East Side has to offer, combined with the convenience of being only steps away from the Lexington Avenue express subway line at 86th Street.

BROKER SPECIALIST:
Douglas Elliman Real Estate
Kimberly Jay
kimberly.jay@elliman.com
212.891.7649 (Work)
917.861.3617 (Mobile)

https://www.elliman.com/real-estate-agent/sale/kimberly-jay/1495




Applications
1045 Park Avenue- Sale Type-G
1045 Park Avenue- Sublease Type-G
Refinancing- For New Loans that are Equal or Less than the Current Monthly Payment
Refinancing- For Loans that Increase Monthly Payment
Building Policies
  • Pet Policy: At the discretion of the Board
  • Subleasing Policy: At the discretion of the Board
  • Sublease Fee: 35 % of the Annual Maintenance for the First Year; 50% of the Annual Maintenance for the Second Year; 100% of the Annual Maintenance for the Third Year and any year beyond.
  • Flip Tax: Yes, 4% of net profit, paid by the Seller
  • Maintenance (if applicable) Tax Deductible: 55%
  • Financing Allowed: 50% of 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 - 1045 Park Avenue $50.00 03/24/17
2016 Financial Statement - 1045 Park Avenue $50.00 03/14/18
2017 Financial Statement - 1045 Park Avenue $50.00 05/03/19

Building Offering Plan And Amendments

Offering Plan ONLY - 1045 Park Avenue.pdf $150.00 05/03/19

Building Proprietary Lease

Proprietary Lease - 1045 Park Avenue .pdf $50.00 10/04/17

By Laws

By-Laws - 1045 Park Ave.pdf $50.00 10/04/17
Amenities

Special Amenities

Elevator
Basement/Storage Unit on Site
Laundry Room
Hardwood Floors

On Site Services

Doorman
Concierge

Pets

Pets OK, Upon Approval
Building Fees

Co-Op Sale

Payor Building Fees Amount Due Upon
Buyer Application Fee $500 Submission
Buyer Appraisal Research and Co-op Supplement $250 (if financing) Submission
Buyer Credit Report Fee $75 Per applicant Submission
Buyer Move in Deposit $500 Submission
Seller Lead Based Paint Disclosure Fee $75 Submission
Seller Move Out Deposit $500 Submission
Buyer Apartment Combination Fee $7500 (if applicable) Closing
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 See " Flip Tax Calcuation" Sheet Closing

Co-Op Sublet

Payor Building Fees Amount Due Upon
Shareholder Lead Based Paint Disclosure Fee $75 Submission
Shareholder Move Out Deposit $500 Submission
Shareholder Subletting Fee $300 Submission
Subtenant Application Fee $200 Submission
Subtenant Credit Report Fee $60 per Applicant Submission
Subtenant Move In Deposit $500 Submission

Refinance

Payor Building Fees Amount Due Upon
Shareholder Appraisal Research and Co-op Supplement $250 Submission
Shareholder Financing Fee $400 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.
05/16/19
Total Fees: 38

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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