32 Gramercy Park South

New York, NY 10003
Co-op
About
This coop in Gramercy Park consists of 186 units and 18 stories.

Please be advised, that to ensure the safety of all residents, building staff and vendors, and in response to Governor Cuomo's recent Executive Order, the Board have modified the existing policy to NOT allow and move-ins or move-outs to proceed. This moratorium will continue until April 30, 2020 after which it will be re-evaluated.

 

Applications
Property Contacts

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Newsletter

STAR LETTER 2019
08/15/19
Questionnaires

Have a questionnaire completed by property management.
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

Financing Policies

Max Financing as %
80% of purchase price

Additional Building Information

Please be advised whether your purchase or sublease application is approved or denied, any and all legal fees incurred will be the responsibility of the applicant and must be settled in advance of any board decision.

Approval of sublet applications by Corporations board is not intended in any way to imply approval of sublet applicants finances, nor should it be misconstrued as such. Shareholders remain responsible to Corporation for making timely maintenance, assessment, sublet fee or other payments due to Corporation for duration of sublet term and any subsequent approved renewal terms - irrespective of sublet applicants-tenants performance of rent obligations to shareholders. 


Amenities

Special Amenities

Laundry Room
Elevator

Outdoor Spaces

Roof Deck

Parking

Secured Garage (Public)

On Site Services

Doorman
Live-in Super

Pets

Pets OK, Upon Approval
Building & Management Fees

Co-Op Sale

Payor Building Fees Amount Due Upon Recipient
Buyer Application processing fee (Non-refundable) $650 Submission Mgmt
Buyer Credit Search fee (non-refundable) $150 per person Submission Mgmt
Shareholder Move Out Deposit (Refundable) $400 Submission Bldg
Buyer Move In Deposit $400 Closing Bldg
Buyer Move In Fee $750 Closing Bldg
Buyer Processing Fee $500, if financing Closing Mgmt
Shareholder Managing Agent Transfer fee $750 Closing Mgmt
Shareholder Move Out Fee $750 Closing Bldg
Shareholder NY State Transfer Tax Stamps $.05 per share Closing Mgmt

Co-Op Sublet

Payor Building Fees Amount Due Upon Recipient
Shareholder Move Out Deposit $400 Submission Bldg
Shareholder Move Out Fee $750 Submission Bldg
Shareholder Sublease Fee TBD Submission Bldg
Subtenant Application Fee $650 Submission Mgmt
Subtenant Credit Check Fee (Non-Refundable, Required) $150 per person Submission Mgmt
Subtenant Move In Deposit $400 Submission Bldg
Subtenant Move In Fee $750 Submission Bldg

Less Refinance

Payor Building Fees Amount Due Upon Recipient
Buyer Processing Fee $500 Submission Mgmt

More Refinance

Payor Building Fees Amount Due Upon Recipient
Buyer Processing Fee $500 Submission Mgmt
Buyer TRW Credit Fee (Required) $50 per applicant (if financing for a greater amount than current mortgage) Submission Mgmt
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 Complimentary
Shareholder Refinance $45 Complimentary

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.
07/23/21
Total Fees: 534
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