221 East 36th Owners Corp.

225 East 36th Street

New York, NY 10016
Co-op
About
The Murray Hill Crescent was built in 1963 and is a larger cooperative, consisting of 286 units over 21 stories.
Applications
225 East 36th Street - Sale
225 East 36th Street - Sublease
Building Policies

  • Maximum Financing Permitted:
    • Fixed Rate Mortgages - 80% of Purchase Price;
    • ARMs can only be 5/1 or longer 75% of Purchase Price
  • Sublet Policy:
    • Shareholder must be a resident for a minimum of three (3) years before applying to sublet.
    • Shareholder must be in good standing and paid up to date with maintenance and other fees.
    • Permission to sublet must be requested in writing 60 days prior to submitting sublet application.
    • One (1) year lease term no automatic renewals permitted.
    • Maximum number of years a shareholder can sublet during ownership is three (3) years.
    • Maximum number of sublets will be 28 or 10% of the units.
  • Open House Policy - Only two permitted per day. Shareholder must schedule with Super and Property Manager Assistant.
  • Washers/Dryers not permitted.

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Documents

Applications & Attachments

Refinance Application (225 East 36th Street) Free
06/07/19

Bank Questionnaire

Century Questionnaire FAQs.pdf Free
07/11/18

Building Financials

2016 Financials - 225 East 36th Street $50.00 01/06/19
2017 Financials - 225 East 36th Street $50.00 01/06/19
2018 Financials - 225 East 36th Street $50.00 06/06/19

By-Laws

By Laws - 225 East 36th Street $50.00 01/06/19

Closing Information & Fees

Century Closing Procedures Free
04/04/19
Closing Fees (C221East36Street) Free
04/04/19

Offering Plan

Extension of Proprietary Lease - 225 East 36th Street Free
08/30/18
Offering Plan - 225 East 36th Street $250.00 01/06/19
Proprietary Lease - 225 East 36th Street $50.00 01/06/19

Proprietary Lease

Proprietary Lease.pdf $50.00 05/06/19
Amenities

Special Amenities

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

Outdoor Spaces

Rooftop Access
Outdoor Tables & Chairs
Deck

Parking

Secured Garage (Public)

Exposure and Views

Windows in all rooms
City Views
Panoramic Views
Water Views

On Site Services

24 Hour Security
Porter
Delivery Storage (Unrefrigerated)
Doorman
Live-in Super

Utilities

Central Air Conditioning/Heat (HVAC)
Cable Ready
Verizon Fios
Separate Metered Utilities
Time Warner

Pets

Pets OK, Upon Approval

Building Type

Co-Op
Brick
Residential
Multi-Family
High Rise
Building Fees

Co-Op Sale

Payor Building Fees Amount Due Upon
Buyer Co-op Sales Application Processing Fee $350 Submission
Buyer Consumer Credit Report Fee $50 per person Submission
Buyer Messenger Fee for Recognition Agreement $75 Submission
Buyer Move-in Deposit $500 Submission
Buyer Move-in Fee $500 Submission
Buyer Sales Application Processing Fee $500 Submission
Seller Move-out Deposit $750 Submission
Seller Move-out Fee $750 Submission

Co-Op Sublet

Payor Building Fees Amount Due Upon
Shareholder Move-out Deposit $750 Submission
Shareholder Move-out Fee $750 Submission
Shareholder Sublet Fee surcharge of 20% of annual maintenance charges Submission
Shareholder Sublet Security Deposit $1,000 Submission
Subtenant Move-in Deposit $500 Submission
Subtenant Move-in Fee $500 Submission
Subtenant Sublet Application Processing Fee $500 Submission
Tenant Consumer Credit Report Fee $50 per person Submission

Refinance

Payor Building Fees Amount Due Upon
Shareholder Co-op Refinance/Home Equity Application Processing Fee $200 Submission
Shareholder Consumer Credit Report Fee $50 per person Submission
Shareholder Refinance/Home Equity Application Processing Fee $500 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 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:
Century logo pms 01
All building information and documentation provided by property management.
06/21/19
Total Fees: 353
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