16 Canterbury Owners Corp.

16 Canterbury Corp.

Great Neck, NY 11021
co-op
About
This section will be completed as more data becomes available.
applications

property contacts

confirm to continue

questionnaires

Have a questionnaire completed by property management.

documents

additional resources

building policies

general policies

Pets Not Allowed
Guarantors Not Allowed
Smoking Not Allowed
Subletting Allowed
Allowed for maximum period of 2 years, after owner has lived in the apartment for minimum of 18 months

additional building information

No Non-Occupant Co-Owners
Max Financing: 80% 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 Credit Check Fee (Non-Refundable) Submission $95 for each adult occupant
Buyer Stock Application Processing Fee (Non-Refundable, Required) Submission $950
Seller Application Review fee Submission $200
Buyer Doc prep fee Closing $250
Buyer Moving Deposit (Refundable) Closing $500
Buyer Moving Fee (non-refundable) Closing $250
Buyer Recognition / Aztech Agreement Review Fee Closing $400 (if financing)
Buyer Share Transfer Fee Closing $5/share
Seller Closing Fee (Non-Refundable, Required) Closing $800
Seller Legal / Closer Fee Closing $850
Seller Moving Deposit (Refundable) Closing $500
Seller Moving Fee (non-refundable) Closing $250
Seller Other additional fees may be charged in special circumstances. Contact Richland as necessary. Closing (i.e. estate sales, trusts, lost stock and lease, adjournments)
Seller Working Capital Fee Closing $10/share
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

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)
All property information and documentation provided by property management.
10/31/25
Total Fees: 154