108 East 86th Street

New York, NY 10028
co-op
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0 rentals 0 sales
About
108 East 86th Street just off Park Avenue was built in 1924 and converted to co-operative in 1980. Displayed on a wall near the elevator in the buildings lobby, a framed copy of the original advertisement from 1924 announces apartment sales for simplexes of 5-6 rooms on floors 2-6 and larger duplexes on the floors above. Over the years, the duplexes were eliminated and turned into simplexes, the last in 1971. Original floor plans from the period show sewing rooms as well as fireplaces in the master bedrooms which no longer exist. Today, this intimate co-op with full service doorman and resident super has 28 apartments on 15 floors.

Suzanne Sealy
Douglas Elliman 
Licensed Associate Real Estate Broker
212.891.7619
ssealy@elliman.com
About: https://suzannesealy.elliman.com/about
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board minutes

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questionnaires

Have a questionnaire completed by property management.

documents
additional resources
building policies

general policies

Subletting Allowed
Subleasing is discouraged. Any shareholder wishing to sublease must request approval in principle to sublet apartment. Permission to sublet must be granted by the Board of Directors before the Subtenant submits an application. A sublease fee of 10% of monthly rent OR 10% of monthly maintenance, whichever is greater, will be billed on the Shareholder's monthly maintenance statement for the duration of the sublease. Shareholders may sublet for a maximum of one (1) year in a 10 year period.

financing policies

Max Financing as %
75% of purchase price
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 Submission $600 or $1,000 (Trust Purchase - if permitted by Corporation)
Buyer Application Processing Fee for Co-applicant(s) or Guarantor(s) Submission $250 per Co-applicant/ Guarantor
Buyer Background Report Fee Submission $125 per applicant (additional $75 for criminal check if required by the Board)
Buyer Financing Fee Submission $300
Buyer Move In Deposit (Refundable) Submission $500
Seller Lead Based Paint Disclosure Fee Submission $75
Seller Move Out Deposit (Refundable) Submission $500
Seller Closing Fee Closing $800 ($850 without a Broker) plus $0.05 per share
Seller Flip Tax Closing 2% of the gross purchase price
Seller Sale by an Estate or Trust - Closing Fee Closing $1,000 plus $0.05 pershare

co-op sublet

payor fee due upon amount
Shareholder Lead Based Paint Disclosure Fee Submission $75
Shareholder Move Out Deposit Submission $500
Subtenant Application Fee Submission $550
Subtenant Background Report Fee Submission $125 per applicant (additional $75 for criminal check if required by the Board)
Subtenant Move In Deposit (Refundable) Submission $500

less refinance

payor fee due upon amount
Shareholder Application Processing Fee Submission $400

more refinance

payor fee due upon amount
Shareholder Application Processing Fee Submission $400

co-op transfer

payor fee due upon amount
Shareholder Transfer Fee Submission Contact Transfer Agent for fee schedule
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

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		 Complimentary $65
Current Resident Renewal
Refinance
Transfer
Storage Sale
Parking Sale
Alteration		 Complimentary $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.
10/29/25
Total Fees: 217