121-123 East 88th Street Apartments, Inc.

121 & 123 East 88th Street

New York, NY 10128
co-op
About
121-123 E. 88th St. Apt Inc is a 30 unit pre-war cooperative. Converted in 1986, the units are all 1 bedrooms. A and B units are similar layout with C units the largest facing back to the courtyard. The buildings have undergone large capital improvements in the past ten years including boiler, roof and hallway renovations. The coop is well maintained and has solid financials, a strong reserve as well as low maintenance. This coop is also pet friendly for cats and large dogs up to 40 lbs. Description provided by Board
applications

property contacts

confirm to continue

documents

additional resources

building policies

general policies

Pets Allowed
1 dog (not to exceed 40lbs) or cat for shareholders only
Guarantors Allowed
In Unit Washers/Dryers Not Allowed
Smoking Not Allowed
Subletting Allowed
Short Term Rentals Not Allowed
AirBnB Not Allowed
Pied-a-terre Not Allowed
Secondary Residence Not Allowed
Co-Purchasing Allowed
Parents Buying for Employed Child(ren) Allowed
Parents Buying for Student Child(ren) Not Allowed
Corporate Purchase/Lease Not Allowed
Diplomat Purchase/Lease Not Allowed
Post Closing Liquidity Required
Required case by case

financing policies

Max Financing as %
80% of purchase price

insurance requirements

Homeowner's Insurance Required
Renter's Insurance Not Required
health and safety policies

common area protocol

apartment showing policies

Open Houses
amenities

special amenities

Laundry Room
Bike Storage

utilities

Water and Heat included in maintenance

pets

Pets OK, Upon Approval

building type

Pre War
building & management fees

Fees set by and remitted to building and property management company.

co-op sale

payor fee due upon amount
Buyer Application Processing Fee (Non-Refundable) Submission $600
Buyer Credit Check Fee (Non-Refundable) Submission $110 per applicant
Buyer Expedited Review Fee Submission $350 if applicable
Buyer Resubmission Fee Submission $200 mandatory if application is incomplete
Buyer Move-In Deposit (Refundable) Submission $500 (To be mailed directly to AllArea Floral Park Office by certified check or money order only)
Shareholder Move-Out Deposit (Refundable) Submission $500 (To be mailed directly to AllArea Floral Park Office by certified check or money order only)

co-op sublet

payor fee due upon amount
Shareholder Sublease Fee Submission $__ equal to 20% of the monthly maintenance
Subtenant Application Processing Fee (Non-Refundable) Submission $425
Subtenant Credit Check Fee (Non-Refundable) Submission $110 per applicant
Subtenant Expedited Review Fee Submission $350 if applicable
Subtenant Resubmission Fee Submission $200 mandatory if application is incomplete
Shareholder Move-Out Deposit (Refundable) Submission $500 (To be mailed directly to AllArea Floral Park Office by certified check or money order only)
Subtenant Move-In Deposit (Refundable) Submission $500 (To be mailed directly to AllArea Floral Park Office by certified check or money order only)
processing

single application initiation fee

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

payor fee due upon amount
Agent /
Attorney
Applicant
Current Resident
Sale/Lease
Sale/Lease
Refinance/Renewal
Alterations
Initiation
Initiation
N/A
$75
$120
Free
Application Participants Any N/A Free

digital submission fee

payor fee due upon amount
New Resident Purchase
Sublet/Lease
Storage Sale
Parking Sale
Submission $65
Current Resident Renewal
Refinance
Transfer
Storage Sale
Parking Sale
Alteration
Submission $45

app admin fee

payor due upon amount
Any Participant Paying Building Fees Submission 5% of Total
(excluding Digital Submission & Initiation Fees)
All property information and documentation provided by property management.
10/31/25
Total Fees: 13