423-443 Atlantic Avenue

Multiple Addresses

423 Atlantic Avenue
443 Atlantic Avenue
Brooklyn, NY 11217
Co-op
About
Boerum Hill Premier Co-op, The Ex Lax Building was the factory, built circa 1920 combined with the eastern adjacent buildings which were formerly a bottling plant. The structure was converted in 1981 into 57 cooperative residential units (later the conversion of the loading dock brought the total to 58), and two ground floor retail tenants. The building embraces its past with Ex-Lax advertising memorabilia on display in the vestibule and nods to its industrial past throughout the common areas. There is a secured parking lot with 19 spaces to the west of the main building. The LOFTs are known for their high ceilings and many, large windows. Located in the Boerum Hill neighborhood, there is close subway access at the Atlantic Terminal and also Hoyt-Schermerhorn in downtown Brooklyn. Very well-situated to cultural venues such as BAM and galleries all around Atlantic Avenue. Description provided by Terry Naini

BROKER SPECIALIST:
Douglas Elliman Real Estate
Rita van Straten
rita.vanstraten@elliman.com
718.780.8153

https://thevanstratenteam.elliman.com/about/rita-van-straten/3242
Applications
Purchase Application - 423-443 Atlantic Avenue (G)
Sublease Application - 423-443 Atlantic Avenue (G)
423 Atlantic Avenue - Sublease Renewal
Refinance - Refinancing amount greater than current outstanding principal plus $5K
Refinance - Refinancing amount up to $5K greater than current outstanding principal
Property Contacts 2017 de primary rgb propertymgmnt

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Documents

Building Financials

2015 Financial Statement - 423-443 Atlantic Avenue $50.00 04/05/17
2016 Financial Statement - 423-443 Atlantic Avenue $50.00 09/13/17
2017 Financial Statement - 423-443 Atlantic Avenue $50.00 02/20/19

Building Offering Plan And Amendments

3rd Amendment - 423-443 Atlantic Avenue.pdf $50.00 01/03/18
Amendments 1-3 - 423-443 Atlantic Avenue.pdf $150.00 01/03/18
Offering Plan ONLY - 423-443 Atlantic Avenue.pdf $150.00 01/03/18
Offering Plan and Amendments 1-3 - 423-443 Atlantic Avenue.pdf $250.00 01/03/18

Building Proprietary Lease

Proprietary Lease - 423-443 Atlantic Avenue.pdf $50.00 05/12/17

By Laws

By-Laws - 423-443 Atlantic Avenue.pdf $50.00 04/05/17
Amenities

Special Amenities

Elevator
Hardwood Floors

Outdoor Spaces

Rooftop Access

On Site Services

Live-in Super
Porter

Pets

Cats Only
Building Fees

Co-Op Sale

Payor Building Fees Amount Due Upon
Buyer Credit Report Fee $75 per applicant Submission
Buyer Financing Fee $300 (if financing) Submission
Buyer Move In Deposit $2,000 Submission
Buyer Processing Fee $350 Submission
Seller Lead Based Paint Disclosure Fee $75 Submission
Seller Move Out Deposit $2,000 Submission
Seller Closing Fee $700 ($750 without a Broker) Closing
Seller Flip Tax 1% of gross sales price Closing
Seller NYS Transfer Stamp Tax $0.05 per share Closing

Co-Op Sublet

Payor Building Fees Amount Due Upon
Shareholder Corporate Sublease Fee $750 Submission
Shareholder Lead Based Paint Disclosure Fee $75 Submission
Shareholder Move Out Deposit $2,000 Submission
Shareholder Processing Fee $300 Submission
Shareholder Sublease Security Deposit The greater of $1,000, two (2) months rent or two (2) months maintenance for the apartment Submission
Subtenant Credit Report Fee $75 per applicant Submission
Subtenant Move In Deposit $2,000 Submission
Subtenant Sublet Application Fee $200 Submission

Refinance

Payor Building Fees Amount Due Upon
Shareholder Processing Fee $400 Submission

Sublet Renewal

Payor Building Fees Amount Due Upon
Subtenant Corporate Sublease Fee $1,200 Submission
Subtenant Sublease Renewal Fee $300 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 Complimentary

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:
2017 de primary rgb propertymgmnt
All building information and documentation provided by property management.
06/24/19
Total Fees: 47
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