225 Lincoln Place

Brooklyn, NY 11217
Co-op
About
This beautifully maintained elevator building with a quiet courtyard that includes benches and greenery features a central laundry, live-in super and bike storage. Nearby you will find Prospect Park, The Farmers Market at Grand Army Plaza, The Main Library, The Botanical Gardens and the Brooklyn Museum. This pre-war co-op welcomes cats but dogs are not allowed. Building Description Provided by Kris Sylvester
Applications
225 Lincoln Place - Sale
225 Lincoln Place - Sublease
Property Contacts Mki

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Documents

Questionnaire

Questionnaire_Form__MKI_ (3).pdf $175.00 04/17/20

Refinance

MKI Refinance App Instructions:Payment.pdf Free
04/27/20
Additional Services

BoardPackager Services are administered exclusively by BoardPackager. All services are separate from those provided by Property Management Companies to their clients. All BoardPackager services are provided with full knowledge and cooporation with Property Management, but without Property Management supervision. Any fees associated with services offered are BoardPackager fees.
Building Fees

Co-Op Sale

Payor Building Fees Amount Due Upon
Buyer Application Fee $500 if presented with a broker, $800 if not presented by a broker Submission
Buyer Credit/Criminal Report $165 per each applicant named on the contract and any guarantor Submission
Buyer Package Reproduction Fee $195 Submission
Buyer Power of Attorney Fee $200 Closing
Buyer Recognition Agreement Fee $275 if financing Closing
Seller Flip Tax 2.25% of purchase price Closing
Seller Transfer Fee $550 (800 if estate sale) Closing

Co-Op Sublet

Payor Building Fees Amount Due Upon
Subtenant Application Fee $350 Submission
Shareholder Move Out Deposit (refundable) $500 Closing
Shareholder Sublet Fee TBD - Please refer to the Cover Letter Closing
Subtenant Move In Deposit $500 Closing
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

Digital Submission Fee

Payor Type Amount Due Upon
Applicant Purchase
Lease/Sublet
Renewal
$45 Submission

Card Processing Fee

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

Property managed by:
Mki
All building information and documentation provided by property management.
06/15/20
Total Fees: 27
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