Fifty-First Beekman Corp.
420 East 51st Street
New York, NY 10022
co-op
applications
property contacts
confirm to continue
financing policies
Max Financing as %
80% of purchase price
additional building information
- Any shareholder who wishes to sublet their apartment must have lived in the apartment for a minimum of two years before being granted permission to sublet.
- The Board will allow a one (1) year sublet with successive one (1) year renewals. No more than four (4) consecutive years will be permitted. If you wish to renewal the sublease for an additional term, a sublease renewal package must be submitted for the review and approval of the Board of Directors at least ninety (90) days before the expiration of the Sublease.
- No more than ten (10) apartments may be sublet at any one time. If the maximum number of sublets is reached then the 11th Shareholder will need to wait.
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 | $450 (if no financing involved) or $550 (if financing involved) |
| Buyer | Background Check Fee (Non-Refundable) | Submission | $100 per applicant/occupant |
| Buyer | Credit Check Fee (Non-Refundable) | Submission | $75 per applicant/occupant |
| Buyer | Messenger Fees (Non-Refundable) | Submission | $65 |
| Buyer | Move In Fee (Non-Refundable) | Submission | $350 |
| Seller | Move Out Fee (Non-Refundable) | Submission | $350 |
| Buyer | Recognition Agreement Fee (Non-Refundable, only if Applicable) | Closing | $300 (if applicable) |
| Seller | Managing Agent's Fee (Non-Refundable) | Closing | $900 (If Seller is an Individual) $1000 (If Seller is an Estate) |
| Seller | New York State Stamp Tax (Non-Refundable, (Required)) | Closing | $0.05 per share |
co-op sublet
| payor | fee | due upon | amount |
|---|---|---|---|
| Shareholder | Move Out Fee (Non-Refundable) | Submission | $350 |
| Shareholder | Sublease Fee (Non-Refundable, (Required)) | Submission | $__ Equal to 10% of the annual rent for first year of the sublease, 15% for the third and fourth year. |
| Subtenant | Application Processing Fee (Non-Refundable) | Submission | $500 |
| Subtenant | Background Check Fee (Non-Refundable) | Submission | $100 per applicant/occupant |
| Subtenant | Credit Check Fee (Non-Refundable) | Submission | $75 per applicant/occupant |
| Subtenant | Move In Fee (Non-Refundable) | Submission | $350 |
| Subtenant | Transaction Fee (Non-Refundable) | Submission | $200 |
less refinance
| payor | fee | due upon | amount |
|---|---|---|---|
| Shareholder | Application Processing Fee (Non-Refundable) | Submission | $500 |
| Shareholder | Messenger Fees (Non-Refundable) | Submission | $35 |
more refinance
| payor | fee | due upon | amount |
|---|---|---|---|
| Shareholder | Application Processing Fee (Non-Refundable) | Submission | $500 |
| Shareholder | Credit Report Fee (non-refundable, Required) | Submission | $100 per applicant |
| Shareholder | Messenger Fees (Non-Refundable) | Submission | $35 |
sublet renewal
| payor | fee | due upon | amount |
|---|---|---|---|
| Shareholder | Sublease Fee (Non-Refundable, (Required)) | Submission | $__ Equal to 10% of the annual rent for first year of the sublease, 15% for the third and fourth year. |
| Subtenant | Sublease Renewal Fee (Non-Refundable) | Submission | $500 |
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.
10/29/25