159 Madison Owners Corp.

159 Madison Avenue

Co-op
About
159 Madison Avenue is a full-service pre-war cooperative building erected in 1917. It consists of 119 units and rises 12 stories.
Applications
159 Madison Avenue - Sale
159 Madison Avenue - Sublease
Building Policies

  • Maximum Financing Permitted: 80% of Purchase Price.
  • Sublet Policy:
    • Shareholder must reside in apartment for a minimum of two (2) years prior to applying for a sublet.
    • One (1) year lease term.
    • Subletting, if permitted, is allowed for three (3) years out of five (5) years with Board approval.
  • Pet Policy: Written approval for pets must be obtained - indicate specific type of pet, number of pets owned, size & weight (no dogs over 40 lbs).
  • Open House Policy: 
    • Open Houses must first be approved by Management. Contact Susan Pryce at spryce@centuryny.com.
    • Guest & Visitors should be escorted at all times either by the licensed real estate professional or the resident shareholder at all times while on premises.
  • No trusts purchases permitted.

Property Contacts
Centurylogopms

Documents

Bank Questionnaire

Questionnaire Instructions.pdf $0.00 10/25/17

Building Financials

2014 Financials - 159 Madis... $30.00 07/05/17
2015 Financials - 159 Madis... $30.00 07/05/17
2016 Financials - 159 Madis... $30.00 07/05/17

By Laws

By Laws - 159 Madison Avenue $30.00 07/05/17

House Rules / Rules & Regulations

224 - Revised Residents Han... $0.00 10/26/17

Lead Brochure

Lead Brochure.pdf $0.00 11/07/17

Moving & Delivery

#224 Moving & Delivery Poli... $0.00 10/27/17
Sample Certificate of Insur... $0.00 10/27/17

Offering Plan

Offering Plan - 159 Madison... $200.00 11/09/17

Sale

#224 Closing Fees.pdf $0.00 10/26/17
Closing Procedures $0.00 10/25/17
Amenities

Special Amenities

Video Surveillance
Basement/Storage Unit on Site
Elevator
Laundry Room
Bike Storage

Outdoor Spaces

Rooftop Access
Outdoor Tables & Chairs
Deck
Private Rooftop Space

Exposure and Views

City Views

On Site Services

Doorman
Live-in Super
Porter
Delivery Storage (Unrefrigerated)

Utilities

Cable Ready

Pets

Pets OK, Upon Approval

Building Type

Co-Op
Pre War
Fees

Co-Op Sale

  • Buyer
    Move-in Deposit
    $500
    Closing
  • Buyer
    Move-in Fee
    $500
    Closing
  • Buyer
    Other Fees
    Download "Closing Fees" Document
    Closing
  • Buyer
    Consumer Credit Report Fee
    $80 per person
    Submission
  • Buyer
    Sales Application Processing Fee
    $500
    Submission
  • Seller
    Move-out Deposit
    $500
    Closing
  • Seller
    Move-out Fee
    $500
    Closing
  • Seller
    Other Fees
    Download "Closing Fees" Document
    Closing

Co-Op Sublet

  • Shareholder
    Move-out Deposit
    $500
    Upon Approval
  • Shareholder
    Move-out Fee
    $500
    Upon Approval
  • Shareholder
    Sublet Fee
    25% of Annual Maintenance
    Upon Approval
  • Shareholder
    Sublet Security Deposit
    1 Month's Maintenance
    Upon Approval
  • Subtenant
    Consumer Credit Report Fee
    $80 Per Person
    Submission
  • Subtenant
    Sublet Application Processing Fee
    $500
    Submission
  • Subtenant
    Move-in Deposit
    $500
    Upon Approval
  • Subtenant
    Move-in Fee
    $500
    Upon Approval

Refinance

  • Shareholder
    Refinance/Home Equity Application Processing Fee
    $500
    Submission
Property Management
Property managed by:
Centurylogopms
All building information and documentation provided by property management.
12/14/17
Total Fees: 26