Buying in NYC: What Every Buyer Should Know Before You Start
New York real estate is unlike anywhere else.
This page brings together clear, practical NYC buying guides:
covering co-op vs condo, the buying process, closing costs, and board approval, to help you understand your options.
The New York buying process varies by property type, building rules, and personal goals.
Start with the topic most relevant to you below, or explore all guides to build a complete picture.
Down Payments, Closing Costs & Monthly Expenses in NYC
Break down what buyers actually pay in New York — including down payments, closing costs, maintenance, common charges, and property taxes.
Understand upfront and ongoing costs for co-ops and condos so you can plan your purchase with clarity.
NYC Board Approval & Interviews: What Buyers Should Expect
Learn how co-op board approval works, what documents are required, and how interviews are typically conducted in NYC buildings.
Covers financial requirements, interview expectations, and common reasons buyers are delayed or denied.
Additional NYC Buying Topics
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Financing in NYC (co-ops vs condos)
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Board approvals & interviews
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First-time buyers in NYC
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Buying as an international buyer
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Neighborhood considerations
Still unsure
where you fit?
If you’d like help understanding how these options apply to your specific situation, you can explore what your rent could buy or request a personalized ownership plan.
These guides reflect common questions and scenarios buyers encounter in the NYC market.
Individual buildings, boards, and financial requirements vary, and buyers are encouraged to review building-specific information and consult appropriate professionals as needed.