Spencer Apt. Inc.

523 West 121st Street

New York, NY 10027
Co-op
About
Situated on West 121st Street between Broadway and Amsterdam, this lovely turn of the century elevator building is convenient Columbia University & Teachers College, Morningside and Riverside Parks, as well as many restaurants, cafes and services in the neighborhood. The friendly coop welcomes pets and offers laundry and bike storage in the basement, as well as private storage spaces. The lobby is attended around the clock, mail is delivered to each residents door, and the super lives in the building. 100% shareholder owned; converted to cooperative in 1920. It has 6 stories and 24 units.
Applications
Property Contacts Logo color 1

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Questionnaires

Have a questionnaire completed by property management.
Documents

By-Laws

Spencer - By-Laws.pdf $50.00 11/06/19

House Rules

523 West 121st Street (Spencer) - House Rules.pdf Free
11/06/19

Building Financials

Spencer - 2017 Financials.pdf $50.00 11/06/19
Spencer - 2018 Financials.pdf $50.00 11/06/19

Lease

523 West 121st Street (Spencer) - Proprietary Lease.pdf Free
11/06/19
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 & Management Fees

Co-Op Sale

Payor Building Fees Amount Due Upon
Buyer Application Fee $500 Submission
Buyer Credit Report Fee $75 per person Submission
Buyer Buyer Power of Attorney Fee $200 (if applicable) Closing
Buyer Recognition Agreement Fee $300 (if financing) Closing
Seller Flip Tax 2.25% of the difference between the original purchase price and the current sales price Closing
Shareholder Shareholder Power of Attorney Fee $200 (if applicable) Closing
Shareholder Transfer Fee $1,000 Closing

Co-Op Sublet

Payor Building Fees Amount Due Upon
Subtenant Application Fee $500 Submission
Subtenant Credit Check Fee $75 per person Submission
Processing

Single Application Initiation Fee

One-time fee paid by the person who begins the application

Payor Type Amount Due Upon
Agent /
Attorney
Applicant
Current Resident
Sale/Lease
Sale/Lease
Refinance/Renewal
$50
$100
Free
Initiation
Initiation
N/A
Application Participants Any Free N/A

Digital Submission Fee

Payor Type Amount Due Upon
Applicant Purchase
Lease/Sublet
Renewal
$45 Submission

Service Fee

Payor Amount Due Upon
Any Participant Paying Building Fees 5% of Total
(excluding Digital Submission & Initiation Fees)
Submission
Property Management
Property managed by:
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All building information and documentation provided by property management.
02/26/20
Total Fees: 9
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