40 Prospect Park West Owners Corp.

40 Prospect Park West

Co-op
About
40 Prospect Park West is cooperative building erected in 1942 rising 6 stories and comprising 62 units.
Applications
40 Prospect Park West - Sale
Building Policies

  • Maximum Financing Permitted: 80% of Purchase Price.
  • Sublet Policy:
    • Shareholders must reside in apartment for a minimum of one (1) year before requesting to sublet.
    • Prior to any public offering being made, request to sublet must be made by the shareholder to the Board of Directors.
    • Subletting will be allowed only due to an extraordinary circumstance and if it is the intention of the shareholder to return and re-occupy the apartment.
    • One (1) year lease term. Maximum duration is two (2) years for an approved sublet unless prior Board of Directors approval has been obtained.
    • No dogs permitted by subtenants.
    • Guarantors permitted on subleases.
  • Storage Unit: 
    • Each apartment comes with one storage unit. 
    • Please note there is a monthly charge on you maintenance bill for this storage unit.

Property Contacts
Centurylogopms

Documents

Bank Questionnaire

Questionnaire Instructions.pdf $0.00 11/10/17

Building Financials

2014 Financial Statement - ... $30.00 07/05/17
2015 Financial Statement - ... $30.00 11/16/17
2016 Financial Statement - ... $30.00 11/16/17

By Laws

By Laws - 40 Prospect Park... $30.00 11/16/17

House Rules / Rules & Regulations

House Rules - 40 Prospect P... $0.00 11/10/17

Moving & Delivery

#304 Moving & Delivery Poli... $0.00 11/10/17
Sample Certificate of Insur... $0.00 11/10/17

Offering Plan

Offering Plan - 40 Prospect... $200.00 11/10/17

Refinance Application

Refinance Application - 40 ... $0.00 07/05/17

Sale

#304 Closing Fees.pdf $0.00 11/10/17
Closing Procedures.pdf $0.00 11/10/17
Amenities

Special Amenities

Laundry Room
Bike Storage
Partial Surveilance
Basement/Storage Unit on Site
Elevator

Outdoor Spaces

Garden/Yard Access

Parking

Street Parking

Exposure and Views

Windows in all rooms
Prospect Park View
City Views

On Site Services

Porter
Delivery Storage (Unrefrigerated)
Live-in Super
PM and Overnight Doorman

Utilities

Separate Metered Utilities
Time Warner
Cable Ready

Pets

Pets OK, Upon Approval

Building Type

Co-Op
Pre War
Residential
Fees

Co-Op Sale

  • Buyer
    Consumer Credit Report Fee
    $50 per person
    Submission
  • Buyer
    Sales Application Processing Fee
    $400
    Submission
  • Buyer
    Move-in Deposit
    $500
    Closing
  • Buyer
    Move-in Fee
    $500
    Closing
  • Buyer
    Other Fees
    Download "Closing Fees" Document
    Closing
  • Seller
    Move-out Deposit
    $500
    Closing
  • Seller
    Move-out Fee
    $500
    Closing
  • Seller
    Other Fees
    Download "Closing Fees" Document
    Closing

Refinance

  • Shareholder
    Consumer Credit Report Fee (if applicable)
    $50 per person
    Submission
  • Shareholder
    Refinance/Home Equity Application Processing Fee
    $400
    Submission
Property Management
Property managed by:
Centurylogopms
All building information and documentation provided by property management.
05/02/18
Total Fees: 35