maintenance & common charges

Buy

Nikki's Notes: How can buyers make sense of high maintenance fees and common charges at co-ops and condos?

Sponsored By Nikki Beauchamp |March 6, 2025 - 12:30PM

Sales Market

A condo or co-op with lower carrying costs can make buying more doable. Here's where to find one

By Emily Myers |December 27, 2024 - 2:30PM

A row of a variety of apartment buildings and skyscrapers along a street in Greenwich Village of New York City

Co-ops

3 key reasons why the owner vs. renter ratio matters when buying a NYC condo or co-op

Sponsored By DL Partners |October 16, 2024 - 9:30AM

New Yorkers on pedestrian walkway between apartment buildings.

Negotiating + Financing

Housing nonprofit secures $1 million to extend foreclosure prevention program

By Celia Young |October 9, 2024 - 12:00PM

Negotiating + Financing

Top 12 questions New Yorkers ask their mortgage bankers

… and filling out some paperworkand that it pays to do your homework To accelerate your learning curve Ryan Greer senior … A mortgage broker can assist you with finding products and services that fit your needs and typically works with a … … Typically you fill out a standard residential loan application listing your name current address date of birth …

Sponsored By National Cooperative Bank |July 11, 2023 - 9:30AM

a view of the Lower West Side of Manhattan, featuring a number of water towers on the roofs of apartment buildings

Sales Market

Do carrying costs include monthly mortgage payments?

… … The term carrying costs broadly includes all the monthly financial obligations … apartment our experts say If you have taken out a mortgage to pay for your coop or condo your carrying costs will … on the type of property youre buying If youre buying a rental property or a multifamily property where you would …

By Emily Myers |April 10, 2023 - 10:00AM

loan payment equation sketched on a white napkin with a cup of coffee

The Search

How do high carrying costs lower the sales price of a co-op or condo? Is there a formula to figure this out?

… In addition to the sales price of a coop or condo an important consideration … difference in monthly payments should be reflected in the sales price To some degree a formulaic approach ignores the … … Buy … The Search … amenities … listings … maintenance & common charges … managing agent … …

By Emily Myers |March 13, 2023 - 12:30PM