1230 PARK OWNERS, INC.

1230 Park Avenue

New York, NY 10128
co-op
About
1230 Park Avenue was built in 1930 with 80 units and 17 stories. 

Building has an Emergency Generator (excluding apartments)
applications

property contacts

confirm to continue

newsletter

STAR LETTER 2019
08/15/19
documents

additional resources

building policies

general policies

Pets Allowed
Guarantors Allowed
In Unit Washers/Dryers Allowed
Smoking Not Allowed
Subletting Not Allowed
Post Closing Liquidity Required

financing policies

Max Financing as %
70% of purchase price

insurance requirements

Homeowner's Insurance Required

additional building information

THE MAXIMUM AMOUNT OF FINANCING PERMITTED IS 70% OF THE PURCHASE PRICE, WITH A TERM NO GREATER THAN 30 YEARS.
amenities

special amenities

Fitness Center
Elevator
Bike Storage

parking

Garage on Premises

on site services

Doorman
Live-In Resident Manager
Live-in Super

pets

Pets OK, Upon Approval
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 $175 per prospective shareholder, guarantor, AND prospective adult non-shareholder resident (e.g., spouse, partner, adult child or other relative of prospective purchaser).
Buyer Move-In Fee (Non-Refundable) Submission $250
Buyer Document Preparation Fee (Non-Refundable) Closing $500
Buyer New York State Stamps Fee (Non-Refundable) Closing $0.05 per share
Shareholder Flip Tax (Non-Refundable) Closing $__equal to 2% of the purchase price
Shareholder Move-Out Fee (Non-Refundable) Closing $250

refinance

payor fee due upon amount
Shareholder Application Processing Fee (Non-Refundable) Submission $300
Shareholder Credit Check Fee (Non-Refundable) Submission $175 per person
Shareholder Recognition Agreement Review Fee (Non-Refundable) Submission $250
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.
07/11/25
Total Fees: 371