875 Fifth Avenue

New York, NY 10065
Co-op
About
875 Fifth Avenue was, at one time, the site of three mansions, one of which belonged to Ogden L. Mills and had been designed by Richard M. Hunt, the mentor of Emery Roth, who designed the current building. The building was completed in 1941 and is notable for its streamlined, Modern style and rounded bay windows. The building's prime location in Lenox Hill offers coveted park views, and apartments some duplexes feature terraces and bay windows.

BROKER SPECIALIST:
Douglas Elliman Real Estate
Dennis St. Germain
dstgermain@elliman.com
212.702.4028

https://www.elliman.com/real-estate-agent/dennis-st-germain/3041

BROKER SPECIALIST:
Douglas Elliman Real Estate
Scott Allison
sallison@elliman.com
212.702.4087

https://www.elliman.com/real-estate-agent/scott-allison/59
Applications
875 Fifth Avenue - Sale (G)
875 Fifth Avenue - Sublease (G)
875 Fifth Avenue- Refinance
Building Policies
  • All subleasing shareholders will be subject to a monthly sublease fee equivalent to 25% of the aggregate rent.  This sublease fee will be billed to the shareholder's monthly maintenance.
  • If Apartment is being financed: 50% of purchase price permitted. If an apartment is purchased on an all cash basis, shareholder may not submit a request for financing for a period of one year after the date of closing.
  • Pets are not permitted.
Property Contacts 2017 de primary rgb propertymgmnt

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

Documents

Building Financials

2015 Financial Statement - 875 Fifth Avenue.pdf $50.00 12/27/17
2016 Financial Statement - 875 Fifth Avenue.pdf $50.00 12/27/17
2017 Financial Statement - 875 Fifth Avenue.pdf $50.00 12/10/18

Building Proprietary Lease

Proprietary Lease - 875 Fifth Avenue.pdf $50.00 10/03/17

By Laws

By-Laws - 875 Fifth Ave.pdf $50.00 03/28/17
Amenities

Special Amenities

Fitness Center
Basement/Storage Unit on Site
Laundry Room
Building Fees

Co-Op Sale

Payor Building Fees Amount Due Upon
Buyer Application Fee $500 Submission
Buyer Appraisal Research and Co-op Supplement $300 if financing Submission
Buyer Financing Fee $300 if financing Submission
Seller Lead Based Paint Disclosure Fee $75 Submission
Buyer Flip Tax Equivalent to 4% of purchase price to be paid by either the seller or buyer. All existing shareholders are subject to a 3% transfer fee payable by either the seller or buyer. Closing
Seller Closing Fee $700 plus $0.05 Per Share ($750 plus $0.05 Per Share Without a Broker) Closing
Seller Flip Tax Equivalent to 4% of purchase price to be paid by either the seller or buyer. All existing shareholders are subject to a 3% transfer fee payable by either the seller or buyer. Closing
Buyer Credit Report Fee $816.56 Per applicant; $1,524.25 for a married couple (Check Payable to Fidelifacts) Submission

Co-Op Sublet

Payor Building Fees Amount Due Upon
Shareholder Lead Based Paint Disclosure Fee $75 Submission
Shareholder Processing Fee $300 Submission
Subtenant Application Fee $200 Submission
Shareholder Corporate Sublet Fee 25% of the aggregate rent is payable by the shareholder and will be billed on a monthly basis with the maintenantce Upon Approval

Refinance

Payor Building Fees Amount Due Upon
Shareholder Appraisal Research and Co-op Supplement $275 Submission
Shareholder Financing Fee $400 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.
04/11/19
Total Fees: 54
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

×