Le Havre Important Facts

As such, many apartments have magnificent views of the water, the Throgs Neck and Whitestone Bridges, and the Manhattan skyline.

Features Include:

• House Style Living
• Only four (4) Apartments per floor
• All apartments are Corner Layouts
• Washer or Dryer on each floor
• Spacious Corner Terraces (approx. 20 ft x 5 ft)
• Living Room (approx. 25 ft x 18 ft) with Wall of Windows

Amenities Include:

• Waterfront Clubhouse with Cafe
• Health and Fitness Center & Classes
• Two (2) Outdoor Swimming Pools (One Waterfront)
• Three (3) Outdoor Har-Tru Tennis Courts
• Two (2) Playgrounds
• Park Benches throughout the Lovely Common Grounds

Conveniences Include:

• Several blocks away is the 55-acre Little Bay Park on the eastern edge of Beechhurst, which offers a dog run, ball fields, hockey rink, and a shoreline bike/run/walk path. Just past the park is Fort Totten and its Waterfront Promenade.
• One mile to Clearview Golf Center
• The Bay Terrace Shopping Center and the Whitestone Shopping Center are nearby.

Maintenance & Square Footage:

• The maintenance includes the heat, security, snow removal, taxes, water, and two memberships to the clubhouse, health club, and classes. There is a nominal administrative yearly membership fee.
• The maintenance is approximately 39% tax-deductible and subject to change each year.
• The maintenance does not include electricity.
• 1 bedroom is approximately 880 sq ft
• 2 bedrooms are approximately 1015 sq ft
• 3 bedrooms are approximately 1145 sq ft

Pet Policy:

• The co-op does not allow dogs.

Subleasing:

• The board will only consider if a shareholder is going through extreme hardship circumstances.

Parking: (as of 7/1/2024)

• There is a $10,000 parking transfer fee, payable by the purchaser or seller to the co-op at closing, to secure the seller’s existing spot. If you choose not to take the spot at closing, you may not have another opportunity to obtain one.
• There is also a $60/month fee on the spot.
• You may only have one assigned parking spot.
• There are no “Alternate Side of the Street” parking restrictions, so you may be able to find ample street parking.

Terrace Enclosures:

Enclosures are permitted with approval from the NYC Department of Buildings (DOB) and a Co-op-approved alteration agreement. Prior to proceeding, the shareholder must meet with Superintendent Piotr (718-767-6200).

NOTE: DOB can reject the permit based on the maximum allowable residential zoning space for that particular building. 

Board Approval Process:

• The co-op requires a minimum 20% down payment and a debt-to-income ratio of less than 36%. This back-end debt ratio includes the monthly minimum payments on your anticipated mortgage and maintenance, as well as any student loans, car loans/leases, and credit cards. (even if you previously co-signed for another individual)
• The board permits the acceptance of gifts with proper documentation, but does not permit non-resident co-owners. The board does allow guarantors on a case-by-case basis.
• Le Havre Owners Corp. has published pricing for apartments that represent an average sales price (as of 4/1/ 2022)

               1br: $320,000

               2br: $370,000

               3br: $420,000

Prospective Shareholders Guidelines for Existing Properties: (as of 8/21/21)

• Must have that property under contract before closing on the Le Havre unit.
• Existing rental properties must be reported on the federal income tax return to be accepted for DTI purposes. Leases and check deposits will not be accepted as proof of income. 
• Those who state that they intend to sublet their unit in the future will not be accepted.

Co-op Resale & Closing Costs – Certified check, bank check, or money order

Purchaser Fees At Resale Application Submission:

Processing Fee: $1,100 payable to Le Havre Owners Corp. (50% is refundable if purchaser is rejected)

Carpet Protection Fee: $100 payable to Le Havre Owners Corp.

Credit History Request Fee: $30 per purchaser payable to Tenant Data Verification

Criminal History Request Fee: $150 per purchaser payable to Le Havre Owners Corp.

Purchaser Fees At Closing:

Move-In Fee: $1,500 non-refundable fee payable to Le Havre Owners Corp 

Move-In Carpet Escrow Fee – $1,500 due at closing which will reimbursed when the new shareholder is in compliance with the 80% carpet rule.

Move-In Security Deposit: $500 fee payable to Le Havre Owners Corp. will be refunded one month after closing pending the results of an inspection.

Parking Transfer Fee: In order for the purchaser to obtain the transfer rights to the seller’s existing assigned parking spot, a fee of $10,000, payable to Le Havre Owners Corp. In addition, there will be a $60/month fee for the spot.

Seller Fees At Closing:

Flip Tax: $1 per share is payable to Le Havre Owners Corp.

Move-Out Fee: $1,500 non-refundable fee & $100 Masonite Carpet Protection Fee payable to Le Havre Owners Corp. 

Move-Out Security Deposit: $500 fee payable to Le Havre Owners Corp. will be refunded one month after the move pending the results of a damage inspection

Maintenance & Assessments: Payment are due through the end of the month in which the closing takes place (if not yet paid). If the closing takes place after the 15th of the month, the purchaser must pay at closing the following month’s maintenance charges or assessments. An adjustment will be made at closing.

Possible additional Legal fees payable to Hankin & Mazel, PLLC:

Legal Closing Fee:  $950 payable by Seller (mandatory)

Review of Recognition Fee:  $350 payable by Purchaser (if there is a mortgage)

Overnight Mailing Fee:  $36 (Seller or Purchaser, if applicable)

Review Estate Fee:  $350 payable by Seller (if applicable)

Legal Fees:  $450 (Buyer if applicable) 

Lean Search Fee:  $475 (if done by Hankin & Mazel))

Power of Attorney Fee: $375.00 (Seller or Purchaser, if applicable)

Affidavit of Lost Stock & Lease Fee:  $375 payable by Seller (if applicable)

Closing Cancellation Fee: $375 (Seller or Purchaser) if cancelled within 48 hours