1050 Park Avenue

New York, NY 10028
Co-op
About
This 14-story, 60-unit Park Avenue residence designed by J. E. R. Carpenter, the most celebrated architect of luxury apartment buildings of his generation was built in 1923 and converted to a cooperative in 1959. Its location at the southern end of Carnegie Hill puts residents a short walk from 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. 1050 Park Avenue is also convenient to the Lexington Avenue express subway line at 86th Street.

BROKER SPECIALIST:
Douglas Elliman Real Estate
Dianne Van Laer
dvanlaer@elliman.com
212.891.7192

https://www.elliman.com/real-estate-agent/dianne-van-laer/3241
Applications
1050 Park Avenue - Sale
1050 Park Avenue- Refinance
Building Policies
  • Pet Policy: At the discretion of the Board
  • Subleasing Policy: Not allowed
  • At the discretion of the Board
  • Flip Tax: Yes, 2% of sales price, paid by the Seller
  • Maintenance (if applicable) Tax Deductible: 37%
  • Financing Allowed: Yes, 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 - 1050 Park Avenue.pdf $50.00 03/24/17
2016 Financial Statement - 1050 Park Avenue $50.00 04/12/17
2017 Financial Statement - 1050 Park Avenue.pdf $50.00 05/07/18

By Laws

By-Laws - 1050 Park Avenue.pdf $50.00 03/24/17

Building Proprietary Lease

Proprietary Lease - 1050 Park Avenue.pdf $50.00 06/02/17

Building Offering Plan And Amendments

Offering Plan ONLY - 1050 Park Avenue.pdf $150.00 04/28/17
Amenities

Special Amenities

Elevator
Laundry Room
Hardwood Floors
Fitness Center
Basement/Storage Unit on Site

On Site Services

Doorman
Concierge

Pets

Pets OK, Upon Approval
Building Fees

Co-Op Sale

Payor Building Fees Amount Due Upon
Buyer Credit Report Fee $816.56 per applicant; $1,524.25 for a married couple (non-refundable) Submission
Buyer Processing Fee $350 Submission
Seller Lead Based Paint Disclosure Fee $75 Submission
Buyer Financing Fee $300 Closing
Seller Closing Fee $700 ($750 plus $0.05 per share without a Broker) Closing
Seller Flip Tax 2% of Selling Price Closing

Refinance

Payor Building Fees Amount Due Upon
Shareholder Processing 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.
07/10/19
Total Fees: 13

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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