222 East 80th Street (The Kimberly)

The building is a reinforced-concrete frame with masonry interior walls, clad in white brick. The entrance off East 80th Street is framed in black granite, per the engineer's report in the offering plan. The plan describes central air conditioning with fan-coil units. Under the current house rules, each shareholder is responsible for maintaining and replacing the fan-coil unit in their own apartment, and building staff handle only the annual vacuuming and filter changes. Buyers should inspect the unit's age and condition the way they would inspect an appliance.

The apartment layout at conversion was:

• Street level: seven apartments — two studios, three one-bedrooms and two two-bedroom, two-bath units. The rear apartments have patio terraces on the garage roof
• Floors 2–10: eight apartments per floor — four one-bedrooms, two two-bedroom, two-bath units and two studios, with balcony terraces on the four corners and an 18-foot balcony on the front E line
• Floor 11: four one-bedrooms and four studios, with the four 11-by-27-foot setback terraces
• Penthouse (12th floor): four one-bedrooms and four studios; only the front E line has a balcony

Apartment combinations since conversion (ACRIS records lines such as 1G/1H, 4G/H, 11A/B) mean the current count of separately owned apartments is below 95. The plan's original floors were oak block over the concrete slab. Current house rules require carpet over 80% of the floor area (excluding kitchens, baths, closets and terraces) or approved sound-isolation underlayment when floors are replaced.

Underlying mortgage. An underlying mortgage is the loan the cooperative corporation itself carries on the building. Shareholders pay for it through maintenance. Here the mortgage was consolidated with Webster Bank on April 1, 2022 at $6.0 million, including $1.25 million of new money, per ACRIS. The maturity date and interest rate are not in the public index. Ask the managing agent for both, together with the current reserve balance.

J-51 history. The historical J-51 file records one J-51 abatement starting in 1993 on $120,800 of certified alteration cost, a 14-year term at 90%. It was fully used by the 2003 tax year. No J-51 exemption or abatement appears on the FY2021–FY2027 rolls, so there is no expiring benefit to model. The building does receive the city's cooperative and condominium abatement on the current abatement record. That credit depends on each shareholder's primary-residence eligibility, and a buyer should confirm it for the specific apartment.

The garage. The 17-space garage is a real asset in this part of Yorkville. Spaces go to shareholders from a waiting list, a shareholder gives up the space on sale or sublet, and it does not transfer with the apartment. Do not price a space into an offer.

House rules worth knowing before contract. Moves are allowed Monday through Thursday, 8:30 a.m. to 4 p.m., with a $1,000 move deposit from both buyer and seller. Alteration plans go to the building's consulting architect, the shareholder pays the review fees, and there is a $2,500 construction deposit. Work hours are weekdays 9 a.m. to 4 p.m.

Recent sales

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01525-0036) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.

Board package and interview. Sales and sublets both need Board approval. Expect a full financial package and an interview, and confirm the current debt-to-income and post-closing liquidity requirements with the managing agent before you bid. Listing records report 80% financing. Confirm whether the Board applies a stricter test to buyers who finance at that level.

Price the terrace, not the floor. Two apartments on the same floor can differ materially in price because one has a corner balcony and the other has none. Confirm exactly which terrace belongs to the apartment in the proprietary lease. Terraces must stay white, and no planters or structures may be built on them.

Read the fan-coil unit. You own the in-apartment HVAC unit. Get its age and condition before contract.

Entity purchases. Trust and LLC ownership are not documented in the materials on file. Ask the managing agent before structuring the purchase around either.

Confirm the mortgage terms. The 2022 consolidation raised the building's underlying debt. Ask when it matures and whether the rate is fixed.

Budget the flip tax and the move deposit. The seller pays 1.5% at closing to 222 East 80 Corp., plus a $1,000 move-out deposit.

Lead with the outdoor space and the documents. Terraces sell the apartment. Board packages move faster when the buyer's side receives the house rules, the financial statements and the sublet policy up front.

Know the sublet math before you list. If you are weighing a sublet instead of a sale, the one-year ownership requirement, the Board's discretion over renewals and the size-based fee all apply. Sublessees may not keep dogs.

If you're considering 222 East 80th Street, also evaluate:

• 201 East 79th Street (1391 Third Avenue) — 1963 postwar cooperative on the same tax block; larger and on the avenue
• 1523 Second Avenue — 1957 postwar cooperative at the east end of the same block
• 215 East 79th Street — 1947 cooperative directly behind, on the 79th Street side of the block
• 229 East 79th Street — 1930 prewar cooperative on the same block; the prewar alternative at a similar address
• 215 East 80th Street — a 1962–63 building across the street, now a condominium; the tenure comparison
• 162 East 80th Street — 1926 prewar cooperative west of Third Avenue
• 201 East 80th Street (The Richmond) — condominium at the Third Avenue corner of the same street