2 Grove Street Apartment Corp.

2 Grove Street

New York, NY 10014
co-op
About
This section will be completed as more data becomes available.
applications

property contacts

  • Lorraine Pezzella

    Sales Administration Manager

  • Terrie Morgan

    Senior Sales Administration Manager

confirm to continue

questionnaires

Have a questionnaire completed by property management.

documents

additional resources

building policies

general policies

Pets Allowed
no dogs
Subletting Allowed
Short Term Rentals Not Allowed
AirBnB Not Allowed
Pied-a-terre Not Allowed
Parents Buying for Employed Child(ren) Allowed
Parental participation on coop loans is allowed but only the resident owner can be on the proprietary lease.
Parents Buying for Student Child(ren) Allowed
Parental participation on coop loans is allowed but only the resident owner can be on the proprietary lease.
Post Closing Liquidity Not Required

financing policies

Max Financing as %
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 Application Fee (Non-Refundable) Submission $650
Buyer Consumer Report Fee (Non-Refundable, Required) Submission $150 per applicant
Buyer Move In Deposit (Refundable) Submission $1,000
Buyer Moving Fee (non-refundable, if inspection needed) Submission $100
Seller Move Out Deposit (Refundable) Submission $1,000
Seller Moving Fee (non-refundable, if inspection needed) Submission $100
Shareholder Flip Tax (Non-Refundable, Required) Upon Approval $__ equal to 2% of the gross sale price

co-op sublet

payor fee due upon amount
Shareholder Move Out Deposit (Refundable) Submission $1,000
Shareholder Moving Fee (non-refundable, if inspection needed) Submission $100
Subtenant Application Fee (Non-Refundable) Submission $600
Subtenant Consumer Report Fee (Non-Refundable, Required) Submission $20 per additional applicant/occupant over the age of 18
Subtenant Move In Deposit (Refundable) Submission $1,000
Subtenant Moving Fee (non-refundable, if inspection needed) Submission $100

refinance

payor fee due upon amount
Shareholder Application Processing Fee (Non-Refundable) Submission $500
Shareholder Credit Check Fee (Non-Refundable, Required) Submission $150 per applicant

sublet renewal

payor fee due upon amount
Subtenant Application Fee (Non-Refundable) Submission $300
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.
07/21/25
Total Fees: 164