130 East 18th Owners Corp.

130 East 18th Street

New York, NY 10003
Co-op
About
The Gramercy Plaza was built in 1962 is located on Irving Place and 18th Street. The building is comprised of 287 units over 17 floors.
Applications
Property Contacts

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Documents

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.
Building Policies

General Policies

In Unit Washers/Dryers Allowed
Permitted upon approval
Subletting Allowed
Shareholders must be a primary resident for the last three (3) consecutive years prior to each request to sublet. Shareholder must first request and give a reason for permission to sublet to the Board before submitting any application. If granted permission, sublet application will become accessible to you. One (1) year lease term. No pets are permitted in a sublet apartment. No smoking is permitted in a sublet apartment.

Financing Policies

Max Financing as %
80% of purchase price

Additional Building Information

EFFECTIVE IMMEDIATELY: Submission fees and a complete application must be submitted online.
  • RENEWAL SUBLET POLICY:
    • Second year may be considered by the Board for approval. An updated executed sublease agreement for the renewal period is required.
  • TRUSTS: No trusts purchases permitted.
  • OPEN HOUSE POLICY: Not permitted.

Important Information Regarding Questionnaire Payment: Due to restrictions with the coronavirus we currently are not accepting checks for questionnaires. Only form of payment is by credit card(option 1 on questionnaire instruction sheet).

Amenities

Pets

Pets OK, Upon Approval

Building Type

Co-Op
Brick
Residential
Multi-Family
High Rise
Building & Management Fees

Co-Op Sale

Payor Building Fees Amount Due Upon
Buyer Co-op Administration Fee for Purchase of Shares $500 Submission
Buyer Consumer Credit Report Fee $100 Per Person Submission
Buyer Management Administration Fee for Purchase of Shares $500 Submission
Buyer Move-In Deposit $500 Submission
Buyer Move-In Fee $250 Submission
Seller Move-out Deposit $500 Submission
Seller Move-out Fee $250 Submission
Buyer Closing Fees - Buyer & Seller Download Closing Fees Document Closing

Co-Op Sublet

Payor Building Fees Amount Due Upon
Subtenant Co-op Processing Fe $500 Submission
Subtenant Consumer Credit Report Fee $100 Per Person Submission
Subtenant Management Administration Fee $500 Submission
Subtenant Move-In Deposit $500 Submission
Subtenant Move-In Fee $250 Submission
Shareholder Move-out Deposit $500 Move Out/Move In
Subtenant Move-out Fee $250 Move Out/Move In
Shareholder Annual Sublet Fee Billed on an annual basis: 1st year sublet - 25% of annual maintenance | 2nd year sublet - 30% of annual maintenance | 3rd year sublet - 35% of annual maintenance Upon Approval
Shareholder Sublet Security Deposit $1,000 Upon Approval

Refinance

Payor Building Fees Amount Due Upon
Shareholder Co-op Refinance/Home Equity Application Processing Fee $150 Submission
Shareholder Refinance/ Home Equity Application Processing Fee $500 Submission
Processing

Single Application Initiation Fee

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

Payor Type Amount Due Upon
Agent /
Attorney
Applicant
Current Resident
Sale/Lease
Sale/Lease
Refinance/Renewal
$50
$100
Free
Initiation
Initiation
N/A
Application Participants Any Free N/A

Digital Submission Fee

Payor Type Amount Due Upon
Applicant Purchase
Lease/Sublet
Renewal
$45 Submission

App Admin Fee

Payor Amount Due Upon
Any Participant Paying Building Fees 5% of Total
(excluding Digital Submission & Initiation Fees)
Submission
Property Management

Property managed by:

All building information and documentation provided by property management.
05/10/21
Total Fees: 566
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