For those eager to move forward without time-consuming and intrusive board interviews, one may want to seek out the small percentage of co-op availabilities requiring no co-op board approvals. These listings typically refer to sponsor units owned by the original owner or corporation, who is usually the one responsible for converting the building or collection of units from a rental to a cooperative.
When a co-op listing says “No board approval,” that can come as a relief to some buyers. This means avoiding the board interview, which can require everything from submitting one's financial history to bringing one's dog to make sure it’s a good fit. The lack of a board review and interview can also result in a quicker purchase, especially at a time when less than tech-savvy boards have the potential to slow down a buying process that has gone increasingly online in the wake of the pandemic.
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However, “no board approval” is not and should not be treated as a get-out-of-jail-free card. In transactions such as these, the buyer will have to pay the transfer tax, as well as a premium for the ease of not having to go through the board process. Moreover, residents of these units will still be expected to abide by the board’s bylaws. Below, we take a look at co-op listings that do not require board approval in various NYC neighborhoods.
Co-op Listings with No Board Approval Required
Origin Park Terrace East, #5B (Corcoran Group)
The Wilbraham, #3D (Compass)
Charing Cross House, #4GS (Cooper & Cooper Real Estate LLC)
400 West 23rd Street, #3J (Brown Harris Stevens Residential Sales LLC)
Stimson House, #4F (Brown Harris Stevens Residential Sales LLC)
24 Monroe Place, #11C (Corcoran Group)
640 West 139th Street, #62 (Douglas Elliman Real Estate)
304 West 88th Street, #GB (Compass)
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Majestic Towers, #11F (Brown Harris Stevens Residential Sales LLC)
Southgate, #6A (Engel & Volkers New York Real Estate LLC)
360 Clinton Avenue, #1L (Corcoran Group)
The Buckingham Court, #406
$1,249,000
Riverside Dr./West End Ave. | Cooperative | 2 Bedrooms, 1 Bath | 1,200 ft2
The Buckingham Court, #406 (Douglas Elliman Real Estate)
433 West 24th Street, #1A (BALEN REAL ESTATE LLC)
Westview, #830 (THE DEVELOPMENT MARKETING TEAM)
Park Gramercy, #PHG (Compass)
The Alameda, #4B (Brown Harris Stevens Residential Sales LLC)
340 Riverside Drive, #5D (Coldwell Banker Warburg)
The Rousseau, #15G (Compass)
200 Central Park South, #20C (Compass)
60 Gramercy Park North, #16A (Corcoran Group)
375 West End Avenue, #12AB
$4,750,000
Riverside Dr./West End Ave. | Cooperative | 5 Bedrooms, 4 Baths | 2,400 ft2
375 West End Avenue, #12AB (Brown Harris Stevens Residential Sales LLC)
210 Central Park South, #12AB
$6,850,000
Midtown West | Cooperative | 3 Bedrooms, 3.5 Baths | 2,325 ft2
210 Central Park South, #12AB (Brown Harris Stevens Residential Sales LLC)
The Chatsworth, #301
$7,995,000
Riverside Dr./West End Ave. | Cooperative | 5 Bedrooms, 5.5 Baths | 4,038 ft2
The Chatsworth, #301 (Douglas Elliman Real Estate)
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?