244 Madison Reality Corp.

244 Madison Avenue

New York, NY 10016
Co-op
About
244 Madison Avenue is located in Midtown South. The building was built in 1916 and has 171 units and 16 stories. 
Applications
Sale - 244 Madison Avenue
Sublease - 244 Madison Avenue
Building Policies
Smoking is not permitted in Sublet apartments and strongly discouraged in Shareholder apartments.
Property Contacts Mki

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Documents

Building Financials

2014 Financial Statement - 244 Madison Avenue.PDF $50.00 06/28/17
2016 Financial Statement- 244 Madison Avenue.pdf $50.00 08/13/18
2017 Financial Statement.pdf $50.00 08/13/18

By-Laws

By Laws - 244 Madison Avenue.pdf $50.00 06/28/17

Offering Plan

Amendments 1-14-244_Madison_Avenue $50.00 06/20/18
Offering Plan and Amendments 1-14 - 244 Madison Avenue.pdf $350.00 08/30/18

Proprietary Lease

Proprietary Lease - 244 Madison Avenue.pdf $50.00 06/28/17

Questionnaire

Questionnaire Form (MKI) - 244 Madison Avenue.pdf $175.00 06/20/18

Refinance

Financing Application - 244 Madison Avenue.pdf Free
02/02/18

Sublease renewal

1 Sublease Renewal Application 12-3-18.pdf Free
12/04/18
Amenities

Special Amenities

Laundry Room
Elevator

Outdoor Spaces

Rooftop Access

On Site Services

Live-in Super
Doorman

Building Type

Co-Op
Building Fees

Co-Op Sale

Payor Building Fees Amount Due Upon
Buyer Application Fee $350 If this is not presented by a broker this fee will be $800 Submission
Buyer Credit & Criminal Report Fee $165 per applicant Submission
Buyer Packages Reproduction Fee $195 (non-refundable) Submission
Buyer Financing Processing Fee $300, if financing Closing
Buyer Move In Deposit $500 (refundable if no damage to the buildings common areas after move) Closing
Buyer Move In Fee $750 (non-refundable) Closing
Buyer Power of Attorney $200 per individual (if applicable) Closing
Seller Move Out Deposit $500 (refundable if no damage to the buildings common areas after move) Closing
Seller Move Out Fee $750 (non-refundable) Closing
Seller Power of Attorney $200 per individual (if applicable) Closing
Seller Seller's Transfer Fee $650 If this is an Estate Sale please contact Maxwell-Kates, Inc. Closing

Co-Op Sublet

Payor Building Fees Amount Due Upon
Shareholder Processing Fee $400 Submission
Subtenant Credit Check Fee $165 per applicant Submission
Shareholder Move Out Deposit $500 (if applicable) Upon Approval
Shareholder Move Out Fee $750 (if applicable) Upon Approval
Shareholder Sublet Fee Schedule $1000 for Year 1, $1500 for Year 2, $2000 for Year 3, and additional increments of $500 per year Upon Approval
Subtenant Move In Deposit $500 (if applicable) Upon Approval
Subtenant Move In Fee $750 (if applicable) Upon Approval

Refinance

Payor Building Fees Amount Due Upon
Shareholder Application Processing Fee $350 Submission
Shareholder Credit Report Fee $130 per applicant 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:
Mki
All building information and documentation provided by property management.
03/29/19
Total Fees: 199
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