40 E Birch St Unit 2C, Mount Vernon, NY 10552. 4 apartment in Kew Gardens situated on a tree lined block close to shopping. Bright and Airy Top-Floor Two Bedroom Sponsor Unit - No Board Approval. 1 Bedroom 1 Full Bath. The application process for buying a co-op in NYC is notoriously daunting and one of the main advantages of the sponsor unit is that you don’t need board. “no board approval” means that you will be exempt from financial and social interview by the board members. Don't miss out on this sun kissed Sponsor Unit "NO BOARD APPROVAL". com A particular apartment is only sold as a sponsor unit once in its life. Gut renovated, top floor alcove studio is turnkey ready. Sponsor Unit • Co-op. 1928. “If it's a co-op,” Shumlewitz says, “you don't have to submit the whole purchase application package: tax returns, bank statements. The application process for buying a co-op in NYC is notoriously daunting and one of the main advantages of the sponsor unit is that you don’t need board approval to buy. For Sale: 2 beds, 2 baths ∙ 1200 sq. 1 day ago · Sponsor Unit, No Board Approval Needed. This corner apartment has all four exposures and views from every room. Original hardwood floors, newly painted throughout the 9 ft. 2 bathrooms. Apt. No board approval: This keeps you from going through the dreaded board approval process. Also, if you’re a real estate investor, a. Much like any landlord or mortgage lender, the board of a co-op will run your credit before they will approve you for the co-op. The main room is spacious enough for a dining table, bed and loveseat. That is how we would describe this rare find 3 bedroom SPONSOR UNIT coop featuring NO BOARD APPROVAL! Renovated kitchen & bath this unit is a MUST SEE and will not last! Features live in super, card operated laundry & more! Located in prime Homecrest just steps from Madison, Sheepshead Bay and Midwood neighborhoods!. Riverdale Homes for Sale $381,023. 1J is a honey of a pied a terre or first purchase. ft. This means no board application. 140 WEST 71ST STREET, Upper West Side, NYC - $527,500 - Contract Signed | SPONSOR UNIT, NO BOARD APPROVAL, AND NO FINANCING RESTRICTIONS. Laundry in building. Buyers may also face higher closing costs with a sponsor unit because buyers are expected to pay city and state transfer taxes. This Junior-4, 1-bath apartment is a sponsor unit with no board approval required. 1 bed. This spacious apartment is being sold “as- is” and directly from the sponsor. 5 bath is the perfect combination of views, space, natural sunlight, and luxurious finishes. Sort: Homes for You. Bayonne Homes for Sale $516,708. laundry room in building. 54 SPONSOR UNIT - NO BOARD APPROVAL! 280 West 12th #1E is a stunning and spacious 1 bedroom duplex apartment located in the heart of West Village. 601 PELHAM PARKWAY NORTH #M-02 - Rare 2-Line Lobby-level Maisonette Studio SPONSOR UNIT (No Board Approval). Upon walking into the apartment you are greeted with sunny western views, and a large foyer/living area. Spacious One-Bedroom, One Bath Co-Op with Pool-View Balcony. post-war elevator mixed-use co-operative apartment. With its well-appointed interiors and convenient amenities, this property is sure to impress. For Sale Manhattan Hudson Heights Low-rise Co-op226-26 Union Tpke #3P, Oakland Gardens, NY 11364 is currently not for sale. 00 . Introducing apartment 12M, a contemporary and stylish two bedroom residence located in the bustling Bronx neighborhood of Allerton. Van Cortlandt Park Homes for Sale -. This Upper Corner Unit w. $469,000. Close to train station and bus routes. SPONSOR UNIT! NO BOARD APPROVAL! 2 BED, 2 BATH W/PARKING! 5424 Arlington Ave, H63, Bronx, New York, 10471, United States Open House. Share Watch on New York City brokers define sponsor units as rent-controlled apartments in converted co-op or condo buildings that weren’t sold during the initial conversion. Contact Manager. For Sale: 3 beds, 2 baths ∙ 61-15 97th St Unit 2F, Rego Park, NY 11374 ∙ $499,000 ∙ MLS# 3460548 ∙ Sponsor Unit * No Board Approval Required * Spacious true 3 bedroom 2 bathroom apartment at th. 1 / 9. Sponsor apartments should come up in this search. . Top of the line Stainless steel appliances with beautiful counter tops overlooking your spacious. 1 reactions 2Y. The sprawling layout features a king size bedroom, living room, and third bedroom/home office. NO BOARD. So, that’s it: no board approval, but you have to pay the transfer taxes – sponsor units in a nutshell. 5-YEAR-OLD ROOF. 215-3- -th Avenue, Unit 2D. . Open, spacious corner sponsor unit with a separate dining alcove 1. Peter Segalla Houlihan Lawrence Inc. No Board Approval Required. ~ Large brand new. Forest Hills, York, York County, SC. Sponsor Sale, No Board Approval. Learn about the benefits and drawbacks of buying a sponsor co-op with no board approval in NYC. Union City Homes for Sale $462,036. #LD. How many seats the sponsor can have on the board of directors and when the sponsor must give up control. 25% down payment required. A sponsor Click here - to use the wp menu builderPark Slope, NY Home for Sale. Eleventh Floor Apartment in an elevator building with a doorman. 129 Beach 118 St Unit 5E, Rockaway Park, NY. There is a large living room and a formal dining room that can be used as a second bedroom or den. That pushes you over the $500,000 threshold for NYC transfer taxes, and suddenly you owe NYC 1. 340 West 86th Street, Unit 10B. 40 E Birch St Unit 2C, Mount Vernon, NY 10552. " If. 2 Bedroom Sponsor unit which has been totally renovated with a brand new kitchen with quartz countertops, white cabinets, tiled floor &. 500 ft². The living space is highlighted by a large window that fills the unit with natural light. Share. MLS# 3466052. Sponsor Unit No Board Approval Required Spacious true 3 bedroom 2 bathroom apartment at the Park Plaza of Rego Park with a large private balcony! Full service luxury building with doorman. R. 1964. ft. NO BOARD APPROVAL! This elegant and spacious unit at desire Briar Oaks 4555 Henry Hudson Parkway offers a comfortable and enjoyable living space in a highly desirable location. 1 Bed. Presented By: North East Queens Realty Corp 516-498-1110. That's still co-op, so O. Well maintained large sunny L shaped studio located on a tree lined block in Mineola. Opportunity is knocking to. 319000: One BR with huge living room. 5 room. Alabaster, Shelby County, AL. The pros and cons for boards. 3 bds; 3 ba; 1,500 sqft - Condo for sale. If you’re buying a New York City sponsor apartment, the big advantage is no board approval. | Condominium | 1 Bedroom, 1 Bath | 847 ft 2. BRE# 0193478575 Wall Street, New York, NY, 10005 - SPONSOR UNIT NO BOARD APPROVAL REQUIRED. SPONSOR UNIT / NO BOARD APPROVAL ONE BEDROOM DUPLEX CONDO W/ PRIVATE OUTDOOR GARDEN SURROUNDED BY THE MORGAN LIBRARY Phenomenal sun. Amenities. This home offers a pleasing floor plan with hardwood floors throughout and thermostat control. 765 Bronx River Road UNIT 4J. Hit Search. See photos, features, and details of each property. $275,000. close to train, public transportation, restaurants, and shopping. SPONSOR unit so NO board approval. $1,148,888. 10708, Yonkers, Westchester County, NY. SPONSOR UNIT – NO BOARD APPROVAL REQUIRED. The current rent is $2,301. However, there may be significantly higher closing costs and more complicated legal issues. What is a sponsor unit? Sponsor units are apartments in a co-op where the developer or building owns the unsold shares allocated to the unit. Co-ops Buying a co-op sponsor unit means you don't need board approval, but you'll likely pay a premium. 2 Bedroom Sponsor unit which has been totally renovated with a brand new kitchen with quartz countertops, white cabinets, tiled floor &. Bathrooms and Kitchen are in original condition, but are clean and are in working order. #16. SPONSOR UNIT, No Board Approval Needed, As Easy as buying a condo. Gas except Electric, Assessment $96 Monthly, Pets friendly, NO FLIP TAX and NO BOARD Interview, Allow Sublet after 2 Year owner-occupied, Coop requirements are 3x annual debt, as low as 10% down payment. 11361, Queens County, New York City, NY. Get to know our Deal of the Week!. . . For the potential homeowner, there is one attractive benefit to acquiring a sponsor apartment: no board approval is needed. There is NO board approval necessary! 3BR/2Bth corner unit is conveniently located in Rego Park, Queens. 102 West 80th Street Apt: 38TILE FLOORS IN BASEMENT AND BATHROOMS 2 CEILING FANS, 1 WINDOW UNIT & 2 WALL UNIT AIR CONDITIONERS, AND LIVING ROOM LEVOLOR WINDOW TREATMENT WILL STAY. View property. Credit and background search required. As an added bonus, this is a pet friendly. My understanding was that both sponsor units & condos did *NOT* require the REBNY, but we put an offer on a sponsor and they asked for it. Refinished hardwood floors. CONTRACT OUT! 3201 GRAND CONCOURSE #6-E SPONSOR UNIT (No Board Approval) 1,068 s/f top-floor, west-facing 1 BED/1 BA (conv. Upcoming Open House View Location. The apartment features 3 large bedrooms, 2 full bathrooms, kitchen, foyer, dining area with an abundance of large. Beverly Crest Homes for Sale $626,398. Virtual Showings available. . Weichert. SPONSOR UNIT. 11375, New York City, NY . R. Presented By: Keller Williams Rlty Landmark 718-475-2700. File No. Avoiding the co-op board approval process is the biggest advantage of buyingSPONSOR UNIT- NO BOARD APPROVAL! This south-facing 3 bedroom/3. Laura O'Gallagher Copersino Douglas. "From the law's perspective, the sponsor is the person who brings all the pieces together (the contractor, the architect. No. This is a one bedroom/ bath facing north and west with an abundant of closets and light. 1855 GRAND CONCOURSE Apt. Welcome to Ridge Blvd Cooperative 4G – SPONSOR UN. NO BOARD APPROVAL. Report. NO BOARD APPROVAL. Subletting a Sponsor Unit in a Co-op. 1. Share. Welcome to 301 East 75th St, better known as The Wilshire: a white-glove luxury building that will fit seamlessly into the lifestyle you have earned. Live-in super. "Sponsor units have NO BOARD APPROVAL! When an individual or company converts a rental building to a co-op or condo, the first transfer of an apartment, or "sponsor unit" does not require board approval. . Coat and linen closets in Foyer. No board approval required: When purchasing a non-sponsor unit in a co-op building, buyers are required to be approved by the co-op board. 5 Sadore Lane, Unit 6K, Yonkers, NY 10710 is a co-op listed for sale at $310,000. 10467, NY Home for Sale. With its sprawling green spaces like Wave Hill Gardens, and Seton Park, Riverdale can feel somewhat removed from New York City but if you can handle the commute, this two-bedroom apartment, 3840 Greystone Ave. $1,100. In the past few years, I have seen a few cases of investors purchasing sponsor owned condos for investment, and claiming entitlement to all sponsor priveleges, primarily: 1) subleasing apartments without board approval 2) selling apartments without board approval In some of these cases, the uneducated boards of these buildings did try to. This one-bed, one-bath apartment features historical prewar details and it was renovated last August! This home has western exposures, with city views, and receives generous sunlight throughout the. Sponsor Unit - No Board Approval. Updated Granite Kitchen, Stainless Steel. For the potential homeowner, there is one attractive benefit to acquiring a sponsor apartment: no board approval is needed. Ocean view One-Bedroom Apartment right on Rockaway Beach Boardwalk. This Upper Corner Unit with Southern Exposure Offers All Brand New Stylish Renovations throughout including a contemporary kitchen with white cabinetry, stainless steel appliances, marble counter tops & porcelain. However, when a sponsor unit is purchased, the buyer is traditionally responsible for paying the transfer taxes. No board approval process required: Sponsored co-op units can be a breeze to buy, mainly because the buyer is not beholden to the usual, arduous approval process of buying a regular co-op unit. Close to Queens Blvd, subway and bus stop. The Pros of Buying a Sponsor Unit in a Coop. Sponsored co-op units can be a breeze to buy, mainly because the buyer is not beholden to the usual, arduous approval process that goes with buying a regular co-op unit. sponsor sale, no board approval needed. Updated Kitchen and bathroom. NEW TO THE MARKET…. See full list on streeteasy. View property. The National Credit Union Administration Board held its tenth open meeting of 2023 and approved a final rule that amends the charitable donation accounts section. Laundry room in basement. 10075, Upper East Side, Manhattan Community Board 8, New York County, New York City, NY. 18-15 - Street, 12P, Bayside, NY 11360. It IS possible to negotiate sponsor rights (which would allow you to rent out the apartment to a third party. Close to forest Park, shopping, restaurants and public transportation. No co-op board approval required. Also, I think Co-op maintenance fees are way less than condo. Brooklyn. This one bedroom sponsor unit will be newly renovated and offers the convenience of NO BOARD APPROVAL, coupled with a monthly maintenance that INCLUDES ALL UTILITIES. Bradly Barnett Keller Williams Points North /sponsor unit!!!! no board approval!!! fabulous chance of ownership in the much desired linda co-op!!! this immaculate apartment has separate eat in kitchen wi. $310,000. View more property details, sales history, and Zestimate data on Zillow. Sponsor Unit. Add a Comment. 41 Eastern Parkway No Availabilities. Garage Parking spot, Private storage unit, Full Gym, Game Room, Mark Leventhal Compass Greater NY LLC / 12. 1937. geraldine katsoulakis premium properties inc /Don't miss out on this top floor two bedroom SPONSOR UNIT (NO BOARD APPROVAL REQUIRED). West & south exps. ft. Jr4 (2Br) unit w/ large terrace. Sponsor unit. Hardwood floors and ample closets throughout. $125,000. West New York Homes for Sale $423,448. One of the most desirable towers in Midtown East’s stately Tudor City complex, this 24-hour doorman building is equipped with on-site laundry and a 2,000-square-foot, recently updated gym with river views. live in super and laundry room in building. Heat and hot water included in rent. . View property. ft. Contact. I'm in a sponsor unit, there was no board approval. The apartment features 3 large bedrooms, 2 full bathrooms, kitchen, foyer, dining area with an abundance of large closets and large terrace. close to train, public transportation, restaurants, and shopping. This Lower Corner Unit Offers All Brand New Stylish Renovations. SPONSOR UNIT, NO BOARD APPROVAL, AND NO FINANCING RESTRICTIONS. Spacious One Bedroom Unit at The Mayflower Coop in a lovely Doorman Building featuring lots of Closets, Beautifully Redone Hardwood Floors & Freshly Painted Throughout. This top floor two bedroom sponsor unit (no board approval required). Spacious 1 bedroom 1 bathroom apartment at Rock Hill Terrace in Bayside. MLS# 3422469. Signed Contract 2 Bedroom Sponsor unit which has been totally renovated with a brand new kitchen with quartz countertops. SPONSOR UNIT! NO BOARD APPROVAL!! Private Balcony! Welcome to 1110 Stadium Avenue! This expansive 2 bedroom apartment also comes with a massive balcony. Street parking is abundant and free. No board approval or condo fees! Welcome to the The Coronet Condominium, a stunning example of prewar excellence. 765 Bronx River Road UNIT 4J. No Board Approval!!! Open, spacious corner sponsor unit with a separate. Enter Unit 1C…. See Condo 6B for rent at 6620 Wetherole St in Rego Park, NY from $1700 plus find other available Rego Park condos. Map. OPEN HOUSE on Sunday This is a SPONSOR UNIT sale. This sale has been saved by 106 users. Find 114 homes for sale in New York NY with sponsor unit no board, a feature that allows you to buy a unit without board approval. You won’t need to compile a. That pushes you over the $500,000 threshold for. . Sponsor Unit • No Board Approval Required. close to forest Park, shopping, restaurants and public transportation. Sponsor unit queens. 72 Absolutely Stunning Extra Large One Bedroom Plus SEPARATE Office with French doors. Located just steps away from. Listed By. 1 Bed. 4,000 sq ft (lot) 69-11 223rd St, Bayside, NY 11364. Sponsor units are desirable because they usually do not require the buyer to undergo the traditional co-op board approval process. Sponsor unit. Welcome to Brick Underground’s sponsor apartment pick of the week, where we feature a co-op for sale by the owner of the building. . Unit is in need of renovations. 2-A - 870 s/f 1 BED SPONSOR UNIT (No Board Approval) with unobstructed Bronx Park views from all rooms! Front-facing renovated unit w/ a modernist approach in keeping with the building's early post-war architectural flavor. It's located in 11360, NY. $259,000. When in doubt as to whether sponsor approval is required, it is best practice to reach out to your college research office, SPARCS or Contracts & Grants for. Open South and East exposures, windowed south-facing kitchen with endless potential. Although you won't need board approval to buy, once in you will be required to adhere to the board's bylaws in regards to things like subletting. Kitchen & Bathroom Needs to be Updated. High floor corner unit with double exposures and views of Flushing Meadows and Citi Field. Other perks of buying directly from a sponsor can be lower cost or a. Although the buyer of a sponsor apartment cannot be rejected, the buyer is usually required to fill out an. NO BOARD APPROVAL is required to purchase this lovely SPONSOR unit in the stately Barclay Plaza. 69-10 Yellowstone Boulevard Unit 627. MLS# 466321. 10704, Yonkers, Westchester County, NY. Located on Yellowstone Blvd. 425% instead of 1% of the purchase price in transfer taxes. This spacious three bedroom sponsor owned apartment has been newly updated and being sold to its first owner. $212,000. The appeal of these units is that there is no board approval process, which makes for a faster transaction and a lot less stress. Don't miss out on this top floor two bedroom SPONSOR UNIT (NO BOARD APPROVAL REQUIRED). (OneKey® MLS as Distributed by MLS Grid) Sold: 2 beds, 1 bath condo located at 84-70 129 St Unit 3B, Kew Gardens, NY 11415 sold for $357,000 on Oct 10, 2023. Sold in "As Is" Condition. 75 Wall Street, New York, NY, 10005 - Sponsor Unit No Board Approval RequiredPlatinum Properties is proud to present residence 38N at 75 Wall Street, boasting gorgeous river views and a spacious floorplan with one bedroom, a home. Dogs/cats up to 20 pounds permitted with Board approval. The board interview—the final step for approval when buying a NYC co-op—tends to be one of the most daunting. 1,000 ft². $3,000,000. Metropolitan Tower, #60F | $1,250,000. This home is located in a gated community in close proximity to parks, shops, public transportation, LIRR, NYU Langone Winthrop Hospital, Roosevelt Fields Mall and so much more. 75 Wall Street, New York, NY, 10005 - Sponsor Unit No Board Approval RequiredExclusive 4 Buyer's Broker Commission Promotion ! For Sale Manhattan Financial District High-Rise Condo washer dryer 75 Wall Street, New York, NY, 10005 | 1 BR for sale, apartment sales | Nest SeekersSPONSOR UNIT, No Board Approval! Top floor newly renovated alcove studio for sale at 401 East 86th Street. Sponsor Unit-No Board Approval Needed! Please Contact Listing Agent Olga. 1 bathrooms. This is good, since I am 30 and don't make a ton of money, so even a boardWhen a rental building converts, sometimes the sponsors are given the right to skip board approval on the subsequent resale of the apartments they own. primary residence). East Bronx, NY Home for Sale. What is the Benefit of Buying a Sponsor Unit? Since most buildings in New York were converted many years ago, the opportunity to buy a sponsor co-op unit that has never before been privately sold can be a real advantage. Sponsor Unit! NO BOARD APPROVAL REQUIRED. The best school district. Sponsor unit - no board approval required. in rare instances, the offering plan allows an investor to purchase bulk and retain sponsor privileges. SPONSOR UNIT, NO BOARD APPROVAL, QUICK APPLICATION PROCESS! 1D is a spacious studio in a prime Upper West Side location. There is a large living room and a formal dining room that can be used as a. 4101 – for your private tour of this sponsor coop for sale in Forest Hills. posted: 2023-10-05 10:20. The role can be broken into three parts: project vision, project. We #lovebrooklyn!Sponsor unit, no board approval needed. For this article, we will be focusing on co-ops. No board approval needed. 215-3- -th Avenue, Unit 2D. This will add a percentage of the purchase price to your closing costs. Enjoy a state-of-the-art kitchen complete with Bosch appliances,. JUST RENOVATED 2 BED 1 BATH IN 2080 BARNES AVENUE5B is a sponsor unit: no board interview or board package. Street parking is abundant and free. Sponsor unit - no board approval required. They didn't give a reason but I was told by the seller it was my proposed renovations (ventless washer/dryer combo unit, jacuzzi, ventless fireplace). 855 million, this three-bedroom condo in Red Hook Lofts is on the market for $2. -SPONSOR UNIT NO BOARD APPROVAL-Brand New Condo Grade Renovation View property. Accepted Offer. When the tenant moves out and the building owner sells the unit, you’ll see the apartment listed as a "sponsor unit. 345 East 80th Street, Unit 15G. 1 Bath. NEW - 1 DAY AGO. Sponsor unit No Board Approval Required First floor 1 bedroom, 1 bathroom apartment at Rocky Hill Terrace in Bayside. The apartment enjoys a leafy, open view. Updated and well maintained. $589,000. Sponsor unit, No Board Approval required. #2539160. The sprawling layout features a king size bedroom, living room, and separate dining area. sponsor must make a revision to the red herring pursuant to 13 N. 2 BED) w/ 30’ L Balcony providing panoramic city views of Kingsbridge Heights & Van Cortlandt Park in Concourse House, a well-managed mid-20th C. 56 views, 5 likes, 0 loves, 0 comments, 0 shares, Facebook Watch Videos from Gino Bello Homes Real Estate Team: 4 Sadore Lane Unit#7B | Yonkers - SPONSOR UNIT with NO Board Approval and only 10%. 930 ft². New Year New HomeXXL 1 Bed Sponsor Unit No Board Approval required. Utilities Included. /West End Ave. 1 bath. $369,000. 1 Sadore Lane #6L | Yonkers NY 🔑 - SPONSOR UNIT with NO Board Approval and only 10% down! - This spacious and sun-drenched unit features a beautiful kitchen showcasing granite countertops, stainless steel appliances and modern white cabinetry, living room/dining area combination, renovated bath and plenty of closet space. ---5 days ago realtyWW. 224-26 kingsbury avenue b, bayside, ny. SPONSOR unit so NO board approval. This means no board application. ” Sonn. $895,000. Home Sale Calculator. The median price for a two-bedroom apartment in Midtown East is $1,850,000, based on current listings on StreetEasy. map. Mid-century Modern with sky views on the Grand ConcourseDoorman co-op building All utilities included in monthly maintenanceOn-site management On-site parking additional Bike storageBronx Historic DistrictParks galore BD4 within blocks --5 stops to midtownALL SHOWINGS. doormen. JACKSON HEIGHTS ONE BEDRROM. 1 / 21. SPONSOR UNIT NO BOARD APPROVAL!. View property. The long entry foyer features a spacious closet and leads into the well-lit living space, with room for a queen sized bed, couch, and additional furniture. 2 bedrooms. BRE# 019347852244 BRONX PARK EAST APT. Prime location. Foyer with closet, large living room / dining area, spacious kitchen and full bathroom. Stunning. The apartment has a renovated windowed kitchen, a renovated windowed bathroom, plenty of closet space, a dressing and/or office area, hardwood floors, and high ceilings. 1 bathrooms-1 day ago Homefinder. 75 Wall Street, New York, NY, 10005 - SPONSOR UNIT NO BOARD APPROVAL REQUIRED. Sponsor Unit-No Board Approval Needed! Please Contact Listing Agent Olga Mayayeva With Exp. 2 bedrooms. Purchasing a sponsor unit in a coop is desirable for two key reasons: there is greater room to negotiate, and buyers. • The quorum for voting and whether cumulative voting is allowed. This is a 2-bed, 1-bath property. 1 bedroom 1 bath apartment with Private outdoo. Located on one of the most charming streets in the dynamic Hamilton Heights neighborhood, this three-bedroom apartment offers an amazing opportunity to buy into an appreciating area. See examples of listings in various neighborhoods and prices, and. 65-05 Yellowstone Boulevard, Unit 3A - Opportunity! 11375, Forest Hills, York, York County, SC. THIS IS A 2 BEDROOM/2 BATHROOM SPONSOR UNIT WITH NO BOARD APPROVAL REQUIRED, Boasting a Brand-New Fully Renovated Open Kitchen w/ All New.