Guides6 min read
Co-op vs. condo in NYC: what buyers should know
Board approval, financing rules, and monthly costs differ sharply between cooperatives and condominiums — here's how to choose.
By Weichert Properties NYC
Ownership structure
Co-op buyers purchase shares in a corporation that owns the building; condos convey real property with a deed.
That distinction drives everything from down-payment requirements to sublet policies.
Our buyer agents model both scenarios so you understand maintenance, flip taxes, and board timelines before you write an offer.
