The Excelsior

303 East 57th Street

New York, NY 10022
Co-op
About
The building was designed by Phillip Birnbaum and was constructed 1967. It has 48 floors and 374 residential apartment units. Building features include a concierge, doorman, elevator operators, health club, roof deck, swimming pool, garage, laundry and dry cleaning service. Building facts Architect: Philip Birnbaum, Manager: Douglas Elliman Property Management

BROKER SPECIALIST:
Douglas Elliman Real Estate
Susan Phillips Bari
susan.bari@elliman.com
646.505.6996

https://www.elliman.com/real-estate-agent/susan-phillips-bari/3963
Applications
303 East 57th Street - Sale (G)
303 East 57th Street - Sublease (G)
303 East 57th Street - Sublease Renewal (G)
303 East 57th Street - Transfer
303 East 57th Street- Estate Transfer
303 East 57th Street - Less Refinance (Not Increasing) (G)
303 East 57th Street - More Refinance (Increasing) (G)
Property Contacts Depm newlogo 3.20

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Documents

By-Laws

By-Laws - 303 East 57th Street.pdf $50.00 10/11/17

Building Financials

2016 Financial Statement - 303 East 57th Street $50.00 11/11/19
2017 Financial Statement - 303 East 57th Street $50.00 11/11/19
2018 Financial Statement - 303 East 57th Street $50.00 11/11/19

Building Offering Plan And Amendments

Offering Plan ONLY - 303 East 57th Street.pdf $150.00 06/14/17

Building Proprietary Lease

Proprietary Lease - 303 East 57th Street.pdf $50.00 07/02/19
Additional Services

BoardPackager Services are administered exclusively by BoardPackager. All services are separate from those provided by Property Management Companies to their clients. All BoardPackager services are provided with full knowledge and cooporation with Property Management, but without Property Management supervision. Any fees associated with services offered are BoardPackager fees.
Hire a Specialist
Any user can engage a BoardPackager Specialist to assist with completion and submission of a Board Packager to a Property Management company.
There is a fee associated with each engagement that is payable to BoardPackager
Building Policies

General Policies

Guarantors Allowed
Smoking Allowed Smoking is not permitted in public areas.
Subletting Allowed
Pied-a-terre Allowed

Financing Policies

Max Financing Allowed as % 50% of purchase price
Amenities

Special Amenities

Elevator
Swimming Pool
Fitness Center
Laundry Room

Outdoor Spaces

Rooftop Access

Parking

Covered Parking

On Site Services

Doorman
Concierge

Pets

Upon Approval
Building Fees

Co-Op Sale

Payor Building Fees Amount Due Upon
Buyer Application Fee $350 Submission
Buyer Credit Report Fee $200 per applicant Submission
Buyer Dog Deposit $500, if applicable Submission
Buyer Move In Fee $400 Submission
Seller Lead Based Paint Disclosure Fee $75 Submission
Seller Move Out Fee $400 Submission
Buyer Financing Fee - DEPM $300 (if financing) Closing
Buyer Financing Fee - Excelsior 57th Corporation $250 (if financing) Closing
Seller Application Fee $700 plus $0.05 per share ($750 plus $0.05 per share without a Broker) Closing
Seller Flip Tax 1.5% of the purchase price or $1000 (whichever is higher) Closing

Co-Op Sublet

Payor Building Fees Amount Due Upon
Shareholder Lead Based Paint Disclosure Fee $75 Submission
Shareholder Move Out Fee $400 Submission
Shareholder Subletting Fee $300 Submission
Subtenant Application Fee $200 Submission
Subtenant Credit Report Fee $200 per Applicant Submission
Subtenant Move In Fee $400 Submission
Shareholder Corporate Sublet Fee equivalent to 20% of the RENT OR MAINTENANCE WHICHEVER IS HIGHER Upon Approval

Less Refinance

Payor Building Fees Amount Due Upon
Shareholder Financing Fee $400 Submission
Shareholder Financing Fee payable to Excelsior 57th Corp. $250 Submission

More Refinance

Payor Building Fees Amount Due Upon
Shareholder Financing Fee $400 Submission
Shareholder Financing Fee payable to Excelsior 57th Corp. $250 Submission

Sublet Renewal

Payor Building Fees Amount Due Upon
Shareholder Corporate Sublet fee the greater of either 20% of the annual rent or 20% of the annual maintenance Submission
Shareholder Sublease Renewal Fee $300 Submission
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

Digital Submission Fee

Payor Type Amount Due Upon
Applicant Purchase
Lease/Sublet
Renewal
$45 Complimentary
Shareholder Refinance $45 Complimentary

Card Processing Fee

Payor Fees Amount Due Upon
Any Participant Paying Building Fees Card
Processing
5% of Total
(excluding Digital Submission
& Initiation Fees)
Submission
Property Management
Property managed by:
Depm newlogo 3.20
All building information and documentation provided by property management.
05/29/20
Total Fees: 435
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