Close X

How to Sell

A New York City Apartment

How to sell your NYC apartment

While selling a NYC apartment is somewhat less difficult than getting a child admitted to a city preschool, it is not the more straightforward exchange of money for property common elsewhere in the country. Multiple blessings are required: By lenders--which must approve the buyer, the apartment and the building before your buyer can get a mortgage--and by neighbors, in the form of co-op and condo board approvals. Even in a seller's market like the one we're in, pricing your apartment too optimistically, or pick the wrong buyer—one who gets rejected by a co-op board or a lender, for instance—can turn your listing into a pariah and cost you money. Here’s what you need to know.