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 (G)
Property Contacts Depm newlogo 3.20

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Documents

Building Financials

2016 Financial Statement - 875 Fifth Avenue.pdf $50.00 08/13/19
2017 Financial Statement - 875 Fifth Avenue.pdf $50.00 08/13/19
2018 Financial Statement - 875 Fifth Avenue $50.00 11/21/19

By Laws

By-Laws - 875 Fifth Ave.pdf $50.00 08/13/19

Building Proprietary Lease

Proprietary Lease - 875 Fifth Avenue.pdf $50.00 08/13/19
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 Policies

General Policies

Pets Not Allowed
Subletting Allowed 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.

Financing Policies

Max Financing Allowed as % 50% of purchase price

Additional Building Information

  • 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.
Amenities

Special Amenities

Fitness Center
Basement/Storage Unit on Site
Residents Community Room
Attended Elevators
Laundry Room
Bike Storage
Business Center

Outdoor Spaces

Garden/Yard Access

Building Type

Co-Op
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
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.
04/23/20
Total Fees: 126
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