124 East 118th Street Condominium
124 East 118th Street
New York, NY 10035
condo
About
124 East 118 Street is an 8-unit boutique condominium in East Harlem with just two units per floor. Elevator and laundry facilities in building and balcony, patio or yard in most units. Enjoy easy access to the 6 train on 116th St, and all the delicious dining options East Harlem has to offer! 421a Tax Abatement expires in 2031.
applications
property contacts
confirm to continue
general policies
Pets Allowed
With Board Approval, no pets allowed for tenants.
Guarantors Allowed
In Unit Washers/Dryers Not Allowed
Smoking Not Allowed
Subletting Allowed
Minimum of one (1) year.
Short Term Rentals Allowed
AirBnB Not Allowed
Pied-a-terre Allowed
Secondary Residence Allowed
Co-Purchasing Allowed
Parents Buying for Employed Child(ren) Allowed
Parents Buying for Student Child(ren) Allowed
Corporate Purchase/Lease Not Allowed
Diplomat Purchase/Lease Allowed
Post Closing Liquidity Not Required
financing policies
Max Financing as %
80% of purchase price
insurance requirements
Homeowner's Insurance Required
Renter's Insurance Required
additional building information
- Alterations & Minor Renovations:
- https://kaito.nyc/124e118/alterations-agreement/
- Moving Reservations:
- https://kaito.nyc/124e118/moving/
common area protocol
Limited Elevator Rider Capacity
guest policies
apartment showing policies
Open Houses
special amenities
Elevator
421-a Tax Abatement Expires 2031
outdoor spaces
Private Garden/Yard
Private Patio
Private Patio
Private Balcony (Standard, Juliette, etc)
on site services
Part-Time Superintendent
utilities
Verizon Fios
Central Heating and Hot Water
pets
Pets OK, Upon Approval
building type
New Construction
Boutique
Boutique
Built 2005
Fees set by and remitted to building and property management company.
condo sale
| payor | fee | due upon | amount |
|---|---|---|---|
| Buyer | Application Processing Fee (Non-Refundable) | Submission | $650 |
| Buyer | Credit Check Fee (Non-Refundable) | Submission | $150 per applicant |
condo lease
| payor | fee | due upon | amount |
|---|---|---|---|
| Tenant | Application Processing Fee (Non-Refundable) | Submission | $500 |
| Tenant | Credit Check Fee (Non-Refundable) | Submission | $150 per applicant |
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 |
If you are a real estate agent affiliated with one of our enterprise brokerage clients starting an application is covered by your brokerage.
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) |
For more detailed information, please see our Pricing page.
All property information and documentation provided by property management.
02/17/23