480 Park Avenue

New York, NY 10022
Co-op
About
Located where Midtown Manhattan meets the Upper East Side, 480 Park Avenue is a grand masterpiece designed by Emery Roth in 1929. One of the most coveted white glove cooperatives on Park Avenue, the building boasts one of the grandest lobbies in Manhattan as well as a full-time doorman and concierge. Located on 58th Street and Park Avenue and just 2 blocks to Central Park, 480 Park Avenue is in the center of the best shopping, restaurants, and cultural attractions. Comprised of 134 homes, split into 3 elevator banks, the residences at 480 Park Avenue boast 10 foot ceilings, wood burning fireplaces, service entries, semi-private elevator vestibules, and other features you would expect in a pre-war building of this stature.

BROKER SPECIALIST:
Douglas Elliman Real Estate
Stephen Dartley
sdartley@elliman.com
212.350.2283

https://www.elliman.com/real-estate-agent/stephen-dartley/713
Applications
480 Park Avenue - Sale (G)
480 Park Avenue - Refinance (G)
Property Contacts Depm newlogo 3.20

Please confirm you are not a robot to download this document.

Documents

Building Financials

2016 Financial Statement - 480 Park Avenue $50.00 12/05/18
2017 Financial Statement - 480 Park Avenue $50.00 12/05/18
2018 Financial Statement - 480 Park Avenue $50.00 11/20/19

By Laws

By-Laws - 480 Park Ave.pdf $50.00 07/14/17

Building Proprietary Lease

Proprietary Lease - 480 Park Avenue.pdf $50.00 07/14/17
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

Pets Allowed
Subletting Not Allowed
Pied-a-terre Allowed

Financing Policies

Max Financing Allowed as % 50% of purchase price

Additional Building Information

Utilities are included in the maintenance which is low due to the commercial income the building receives.

2% flip tax.
Amenities

Special Amenities

Elevator
Fitness Center
Basement/Storage Unit on Site
Bike Storage
Laundry Room

On Site Services

Doorman
Concierge
Building Fees

Co-Op Sale

Payor Building Fees Amount Due Upon
Buyer Application Fee $350 Submission
Buyer Appraisal Research and Co-op Supplement $250 (if financing) Submission
Buyer Credit Report Fee $75 Per Applicant Submission
Buyer Financing Fee $300 (if financing) Submission
Seller Lead Based Paint Disclosure Fee $75 Submission
Buyer Flip Tax 2% of the gross purchase price Closing
Buyer Legal Fee TBD (if financing) Closing
Buyer Move In Fee $500 Closing
Seller Closing Fee $700 plus $0.05 per share ($750 plus $0.05 per share without a Broker) Closing
Seller Move Out Fee $500 Closing

Refinance

Payor Building Fees Amount Due Upon
Shareholder Appraisal Research and Co-Op Supplement/Certification Fee $250 Submission
Shareholder Credit Report Fee $75 per applicant Submission
Shareholder Financing Fee $400 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.
05/21/20
Total Fees: 128
We have detected that your browser is out of date

This site works best with the most up-to-date browser. The button below will bring you to a site that allows you to download the most current version of your favorite browser. Update My Browser

×