MARLO TOWERS OWNERS, INC.

301 East 48th Street

New York, NY 10017
Co-op
About
Marlo Towers is a post war doorman building. Built in 1964 and converted to a co-op in 1981. There are 20 floors and 196 apartments. 
Applications
Sale - 301 East 48th Street
Sublease - 301 East 48th Street
Building Policies
If Apartment is being Financed: 75% Maximum
Property Contacts Halstead h logo halsteadonly 01

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Documents

Building Financials

301 East 48th Street 16-17 Financials.pdf $75.00 07/13/18
Financial Statement 2015 - 301 East 48th Street $75.00 05/02/18
Financial Statement 2016 - 301 East 48th Street $75.00 06/04/18

Building Offering Plan And Amendments

Amendments - 301 East 48th Street.pdf $150.00 03/07/18
Offering Plan - 301 East 48th Street.pdf $200.00 07/16/18
Offering Plan and Amendments - 301 East 48th Street.pdf $300.00 03/07/18

Questionnaire

Halstead - Generic Questionnaire.pdf $75.00 04/11/18
Halstead - Lender or Bank Questionnaire.pdf $200.00 07/02/18

Refinance

Refinance Application - 301 East 48th Street.pdf Free
02/23/18

Sublease

Sublease Application - 301 East 48th Street.pdf Free
02/23/18

Transfer

Transfer Application - 301 East 48th Street.pdf Free
06/01/18
Amenities

Special Amenities

Laundry Room
Bike/Storage

Outdoor Spaces

Courtyard
Roof Garden

On Site Services

Doorman

Pets

Pets OK, Upon Approval
Building Fees

Co-Op Sale

Payor Building Fees Amount Due Upon
Buyer Application Fee $600 Submission
Buyer Credit Report and Background Check Fee $120 per applicant Submission
Buyer Credit report and background check fee, for all persons residing in the apartment, but not named in any title documents $150 per person Submission
Buyer Move in fee (non-refundable) $250 Submission
Seller Move out Fee (Non-refundable) $250 Submission
Buyer Flip Tax Fee determined after the Board reviews the "computation Transfer Fee Form" Closing
Buyer Move in Deposit (Refundable) $1,000 Closing
Buyer Recognition Agreement, if financing $325 Closing
Seller Extended closing fee $250 per hour, if the closing extends two (2) hours Closing
Seller Managing Agent's Fee $750 (as an Individual) $850 (as an Estate) Closing
Seller Move Out Deposit (Refundable) $1,000 Closing
Seller New York State Transfer Tax Stamps Fee $.05 per share Closing

Co-Op Sublet

Payor Building Fees Amount Due Upon
Shareholder Move Out Fee $250.00 Submission
Subtenant Application Processing Fee $600 Submission
Subtenant Credit Report and Background Check Fee $120 per applicant Submission
Subtenant Move In Fee $250 Submission
Shareholder Move Out Damage Deposit $1,000 Upon Approval
Shareholder Sublet Fee 1 year sublet = 1 month's rent, 2 year sublet = 2 month's rent Upon Approval
Subtenant Move In Damage Deposit $1,000 Upon Approval

Refinance

Payor Building Fees Amount Due Upon
Shareholder Application Processing Fee $450 Submission
Shareholder Credit Report and Background Check Fee (if option 2) $120 per applicant Submission
BoardPackager Processing

Single Application Initiation Fee

One-time fee paid by the person who begins the application

Payor Fees Amount Due Upon
Application
Initiator
If Agent or Attorney

If Applicant or Owner
$50

$100
Initiation
Application Participants Any Free N/A

Application Submission Fee

Payor Amount Due Upon
Applicant $45 Submission

Credit Card Processing Fee

Payor Fees Amount Due Upon
Any Participant Paying Building Fees Credit Card
Processing
5% of Total
(excluding Submission
& Initiation Fees)
Submission
Property Management

Property managed by:
Halstead h logo halsteadonly 01
All building information and documentation provided by property management.
05/13/19
Total Fees: 222
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