650 Park Avenue

New York, NY 10065
Co-op
About
This 21-story, 94-unit white-brick co-op building, built in 1963, was designed by Kokkins & Lyras, whose other Manhattan buildings include 16 Sutton Place and Sutton Town House. The building's prime Park Avenue location makes it a neighbor to the boutiques along Madison Avenue as well as art galleries, museums, restaurants and all that the Upper East Side has to offer; the Lexington Avenue subway station is just a block away.

BROKER SPECIALIST:
Douglas Elliman Real Estate
Howard Margolis
hmargolis@elliman.com
212.350.2258

http://themargolisteam.elliman.com/about/howard-margolis/1992
Applications
650 Park Avenue - Sale (G)
650 Park Avenue - Refinance
Building Policies
  • Financing Policy: 50% maximum financing
  • No subleasing permitted
Property Contacts 2017 de primary rgb propertymgmnt

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Documents

Building Financials

2015 Financial Statement - 650 Park Avenue $50.00 10/04/18
2016 Financial Statement - 650 Park Avenue.pdf $50.00 10/04/18
2017 Financial Statement - 650 Park Avenue $50.00 10/04/18

Building Offering Plan And Amendments

Offering Plan ONLY - 650 Park Avenue.pdf $150.00 10/04/18

Building Proprietary Lease

Proprietary Lease - 650 Park Avenue.pdf $50.00 10/04/18
Building Fees

Co-Op Sale

Payor Building Fees Amount Due Upon
Buyer Application Fee $500 Submission
Buyer Building Application Fee $500 per applicant Submission
Buyer Financing Fee $300 (if financing) Submission
Buyer Move In Deposit $2,500 Submission
Seller Lead Based Paint Disclosure Fee $75 Submission
Buyer Transfer Fee 2% of Gross Proceeds Closing
Seller Closing Fee $700 ($750 Without a Broker) plus $0.05 per share Closing
Seller Move Out Deposit $2,500 Closing

Less Refinance

Payor Building Fees Amount Due Upon
Shareholder Financing Fee $400 Submission
Shareholder Financing Fee $500 Submission

More Refinance

Payor Building Fees Amount Due Upon
Shareholder Financing Fee $400 Submission
Shareholder Financing Fee $500 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.
09/13/19
Total Fees: 149
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