Gilsey House Inc.

1200 Broadway

New York, NY 10001
Co-op
About
A former grand hotel built in 1867, Gilsey House at 1200 Broadway is on the National Register of Historic Places. The eight story co-op has a charming keyed elevator and has 43 units. Building amenities include super, private storage, freight elevator, laundry, and central air conditioning. Pets and pieds-a-terre allowed. Gilsey House is conveniently located near Eataly, the Ace Hotel, and Madison Square Park with transportation options including easy access to the PATH train and the N,R,W, 1 and 6. Description Provided by Doug Perlson
Applications
Coop Sale- Gilsey House Inc.
Property Contacts Logo color 1

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Documents

House Rules

1200 Broadway House Rules.pdf Free
08/30/19
Building Fees

Co-Op Sale

Payor Building Fees Amount Due Upon
Buyer Application Fee $500 Submission
Buyer Credit Report Fee $75 per person Submission
Buyer Buyer Power of Attorney Fee $200 (if applicable) Closing
Buyer Move In Fee $500 Closing
Buyer Recognition Agreement Fee $300 (if financing) Closing
Shareholder Flip Tax $10,000 Closing
Shareholder Move Out Fee $500 Closing
Shareholder Shareholder Power of Attorney Fee $200 (if applicable) Closing
Shareholder Transfer Fee $1,000 Closing

Co-Op Sublet

Payor Building Fees Amount Due Upon
Subtenant Application Fee $500 Submission
Subtenant Credit Check Fee $75 per person Submission
Shareholder Move-Out Fee $500 Upon Approval
Shareholder Sublet Fee Years 1 and 2: 20% of maintenance; Year 3: 25%; Year 4: 30%; Year 5: 35%; Year 6: 40%; Year 7: 45%; Years 8+: 50% Upon Approval
Subtenant Move-In Fee $500 Upon Approval


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 Submission

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:
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All building information and documentation provided by property management.
09/18/19
Total Fees: 14
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