Found 2 blog entries tagged as coop.

This apartment can be found on our website Tomcrimminsrealty.com as well as nyc.flexmls.com (Multiple Listing Service). MLS # 1122833. .  This is truly how a New Yorker lives! In style. 24-hour doorman, pool, and laundry room! Plus all utilities included in maintenance, just pay the phone and cable. It’s a steal! This is an updated studio with a beautiful floor that includes a terrace in The Fountains. Just out the front entrance is the view of Staten Island’s very own Clove Lake Park as well as a view of the golf course! In front of the building, there are local as well as express bus stops, both leading into the famous New York, New York! A short distance from this high-rise building is shopping, convenient stores, transportation, and even the…

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Distinguishing the differences between a condo and co-op may seem confusing. According to Cheryl Lock's article, "co-ops make up about 75 percent of New York’s real estate market....However, you’ll usually have to pay up 20 percent or more for a co-op down payment, while with condos you can sometimes put down with less."

For those looking to buy or are searching for an understanding, we break it down for you.

Condo Fees:

In a condo, the owner owns the interior of the unit and a percentage of common ownership.  Common ownership is based on square footage of the interior in comparison to the entire buildings’ square footage. It is important to know that paying maintenance fees in a condo building will not give you a share or ownership of the…

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