One of the biggest hurdles for NYC buyers is deciding between a co-op and a condo. The differences affect your financing, board approval, and long-term costs.
Key Points:
- Co-ops: Usually lower purchase price, higher restrictions, board approval required.
- Condos: More flexible, higher price per square foot, easier to rent/resell.
- Which is right for you? → Depends on your long-term goals, budget, and timeline.
Ana’s Note:
“As your agent, I’ll guide you through board packages, negotiation strategies, and help you avoid costly mistakes when buying in NYC.”
