Selling a Co-op Apartment in NYC

Selling a co-op is more complex than selling a condo or house — your buyer has to pass the board, and flip taxes and building rules can affect your net proceeds. We manage the entire process so your sale closes smoothly.

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Pricing a co-op accurately

Co-op pricing depends on more than square footage — maintenance charges, the building's financial health, land-lease status, and sublet policy all move value. An apartment with high maintenance or a land lease prices very differently from a comparable unit without.

We run a detailed comparable analysis specific to your building and line, not just the neighborhood, so you list at a number that attracts offers without leaving money on the table.

Getting your buyer through the board

A sale is only as strong as the buyer's ability to pass the co-op board. We pre-screen offers for financial strength and board-readiness so you don't accept an offer that collapses at the interview weeks later.

We also prepare the board package alongside the buyer's agent to keep it moving, since a delayed or rejected package is the most common reason co-op deals fall apart.

Flip taxes and net proceeds

Many NYC co-ops charge a flip tax at sale — a percentage of the price, a per-share amount, or a portion of your profit — that comes out of your proceeds. We calculate your true net up front so you know exactly what you'll walk away with before you list.

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Frequently Asked Questions

What is a flip tax and who pays it?

A flip tax is a transfer fee charged by the co-op at sale. It's usually paid by the seller and varies by building — we calculate it into your net proceeds before you list.

How long does it take to sell a co-op in NYC?

Well-priced co-ops typically go under contract in 30–90 days, then board approval adds a few weeks before closing. Pricing and board-readiness are the biggest factors.

Can I sell a co-op with a land lease?

Yes, but it requires careful pricing and buyer education, since land-lease buildings carry different risks. We know how to position these for the right buyer.