Max financing 70%
2% flip tax paid by buyer
The Dorchester is a luxurious, white glove, post-war cooperative building surrounded by fabulous Midtown restaurants and shopping. The building amenities include hotel-style services: maid service, a concierge, full-time doorman, attended package room, on-site resident manager, central laundry room and a basement garage with discounted parking and building access. This prestigious, exceptionally well-managed mortgage-free co-op has a stellar reputation and is widely recognized for its outstanding financial stability and low maintenance. The Dorchester offers a storage room and an impressive lobby. Pied-a-terres are allowed, and pets are allowed with approval. Washer/dryers are allowed in apartments of two bedrooms and larger with board approval. The residences range from studios to four bedroom layouts. Each apartment has air conditioning on demand and an abundance of closet space some with walk-in closets. The location is convenient to subway and bus service, and Central Park is nearby.
The 57th Street Dorchester, Inc.
110 East 57th Street
New York, NY 10022
co-op
applications
property contacts
confirm to continue
general policies
Pets Allowed
With Board Approval
Guarantors Allowed
Considered on a case by case basis
In Unit Washers/Dryers Allowed
Smoking Allowed
Subletting Allowed
Short Term Rentals Not Allowed
AirBnB Not Allowed
Pied-a-terre Allowed
No one permitted to occupy apt w/o owner being present
Secondary Residence Allowed
Co-Purchasing Allowed
Parents Buying for Employed Child(ren) Allowed
Considered on a case by case basis
Parents Buying for Student Child(ren) Allowed
Considered on a case by case basis
Corporate Purchase/Lease Not Allowed
Diplomat Purchase/Lease Allowed
Considered on a case by case basis
financing policies
Max Financing as %
70% of purchase price
insurance requirements
Homeowner's Insurance Required
Renter's Insurance Required
additional building information
For due diligence
requests, please contact Melissa Montt at mmontt@bhsusa.com Trusts are permitted,
with review by corporate counsel.
special amenities
Fitness Center
on site services
24 Hour Security
Doorman
pets
Pets OK, Upon Approval
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 | $450 (If no Financing involved); or $550 (If Financing involved) |
| Buyer | Messenger Fee (Non-Refundable) | Submission | $65 |
| Buyer | Move In Deposit (Refundable) | Submission | $1,000 |
| Buyer | Move In Fee (Non-Refundable) | Submission | $500 |
| Seller | Move Out Deposit (Refundable) | Submission | $1,000 |
| Seller | Move Out Fee (Non-Refundable) | Submission | $500 |
| Buyer | Flip Tax (Non-Refundable) | Closing | $__ Equal to 2% of the Purchase Price |
| Buyer | Recognition Agreement Fee (Non-Refundable) (If Financing) | Closing | $300 (if applicable) |
| Seller | Managing Agent's Fee (Non-Refundable) | Closing | $900 (Shareholder is an Individual) or $1000 (Shareholder is an Estate) |
| Seller | New York State Stamp Tax (Non-Refundable, (Required)) | Closing | $__ Equal to $0.05 per share |
| Buyer | Fidelifacts Credit Report (Non-Refundable) | Submission | $871.00 per Applicant/Occupant, $1,633.13 if there are two (2) Applicants/Occupants |
co-op sublet
| payor | fee | due upon | amount |
|---|---|---|---|
| Shareholder | Move-Out Deposit (Refundable) | Submission | $1,000 |
| Shareholder | Move-Out Fee (Non-Refundable) | Submission | $500 |
| Subtenant | Application Processing Fee (Non-Refundable, Required) | Submission | $550 |
| Subtenant | Bedbug Disclosure Form Fee | Submission | $25 |
| Subtenant | Move-In Deposit (Refundable) | Submission | $1,000 |
| Subtenant | Move-In Fee (Non-Refundable) | Submission | $500 |
| Shareholder | Sublet Fee- Billed Monthly | Upon Approval | $__ equal to 25% of the annual maintenance or 20% of annual rent, whichever is greater |
| Subtenant | Fidelifacts Credit Report (Non-Refundable) | Submission | $871.00 per Applicant/Occupant, $1,633.13 if there are two (2) Applicants/Occupants |
refinance
| payor | fee | due upon | amount |
|---|---|---|---|
| Buyer | Application Processing Fee (Non-Refundable, Required) | Submission | $500 |
| Buyer | Messenger Fees (Non-Refundable) | Submission | $35 |
sublet renewal
| payor | fee | due upon | amount |
|---|---|---|---|
| Subtenant | Sublet Renewal Fee (Non-Refundable) | Submission | $500 |
| Shareholder | Sublet Fee - Billed Monthly | Upon Approval | $__ equal to 25% of the annual maintenance or 20% of annual rent, whichever is greater |
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.
10/10/25