Saving up for a New York City apartment is a substantial goal, given the median condo price of $2.08 million and co-ops at $840K. Regardless of whether you're an all-cash buyer or getting a mortgage, monthly carrying costs are crucial. High payments can impact your debt-to-income ratio, affecting your eligibility for co-op board approval or a lender's requirements. Missing payments can lead to lawsuits and, in co-ops, potential eviction.
In co-ops, all shareholders pay maintenance fees, which are determined by your apartment's size. They cover property taxes, underlying mortgages, building insurance, and often utilities. These fees also handle common upkeep such as landscaping and pest control, plus building staff salaries and additional services, resulting in higher fees for buildings with more staff and services.
In this article:
Condo buildings have tenants paying common charges, covering similar expenses but excluding property taxes. While common charges are often lower than co-op fees, combined with taxes, they may surpass co-op maintenance fees. Charges are set based on unit size and, in some cases, location.
For those seeking lower carrying costs, the listings below feature relatively low maintenance fees or common charges. All have upcoming open houses and prospective buyers must schedule an appointment before attending.
Great Listings with Low Monthlies
Contact CityRealty to Book an Appointment
527 East 12th Street, #MW
$450,000
East Village | Cooperative | Studio, 1 BathMonthlies: $448
Open House: Sunday, June 9, 2024
527 East 12th Street, #MW (Compass)
The Hartley, #2G
$599,995
Central Park West | Cooperative | 1 Bedroom, 1 Bath | 600 ft2Monthlies: $825
Open House: Sunday, June 9, 2024
The Hartley, #2G (Nest Seekers LLC)
34 Bethune Street, #3F
$645,000
West Village | Cooperative | Studio, 1 BathMonthlies: $654
Open House: Sunday, June 9, 2024
34 Bethune Street, #3F (Time Equities Inc)
100 Bank Street, #2G
$725,000
West Village | Cooperative | Studio, 1 BathMonthlies: $995
Open House: Sunday, June 9, 2024
100 Bank Street, #2G (Douglas Elliman Real Estate)
Murray Hill House, #18K
$725,000 (-1.8%)
Murray Hill | Cooperative | 1 Bedroom, 1 BathMonthlies: $1000
Open House: Sunday, June 9, 2024
Murray Hill House, #18K (Christies International Real Estate Group LLC)
Riverwalk Landing, #10D
$775,000
Roosevelt Island | Condominium | 1 Bedroom, 1 Bath | 595 ft2Monthlies: $628
Open House: Sunday, June 9, 2024
Riverwalk Landing, #10D (Corcoran Group)
728 Tenth Avenue, #4
$799,000 (-3.7%)
Midtown West | Cooperative | 1 Bedroom, 1 BathMonthlies: $925
Open House: Saturday, June 8, 2024
728 Tenth Avenue, #4 (Douglas Elliman Real Estate)
Southbridge Towers, #3H
$975,000
Financial District | Cooperative | 2 Bedrooms, 1 BathMonthlies: $846
Open House: Sunday, June 9, 2024
Southbridge Towers, #3H (Douglas Elliman Real Estate)
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The Huntington, #21
$990,000
Chelsea | Cooperative | 2 Bedrooms, 1 BathMonthlies: $1308
Open House: Sunday, June 9, 2024
The Huntington, #21 (Corcoran Group)
234 West 20th Street, #2A
$995,000
Chelsea | Condominium | 1 Bedroom, 1 Bath | 575 ft2Monthlies: $743
Open House: Sunday, June 9, 2024
234 West 20th Street, #2A (Douglas Elliman Real Estate)
305 East 4th Street, #1
$995,000
East Village | Condominium | 1 Bedroom, 1.5 Baths | 725 ft2Monthlies: $1151
Open House: Sunday, June 9, 2024
305 East 4th Street, #1 (Compass)
223 West 10th Street, #2C
$999,000 (-8%)
West Village | Condominium | 1 Bedroom, 1 BathMonthlies: $1064
Open House: Sunday, June 9, 2024
223 West 10th Street, #2C (Compass)
West Village Houses, #5B
$1,100,000
West Village | Cooperative | 2 Bedrooms, 1 Bath | 930 ft2Monthlies: $1468
Open House: Saturday, June 8, 2024
West Village Houses, #5B (Compass)
175 East 2nd Street, #4B
$1,260,000
East Village | Condominium | 1 Bedroom, 1 Bath | 740 ft2Monthlies: $1311
Open House: Sunday, June 9, 2024
175 East 2nd Street, #4B (Compass)
924 Lafayette Avenue, #3
$1,295,000
Bedford-Stuyvesant | Condominium | 2 Bedrooms, 2 Baths | 1,121 ft2Monthlies: $281
Open House: Sunday, June 9, 2024
924 Lafayette Avenue, #3 (Serhant LLC)
The Creston, #6E
$1,399,999 (-6.4%)
Riverside Dr./West End Ave. | Cooperative | 3 Bedrooms, 2 Baths | 1,128 ft2Monthlies: $1,780
Open House: Sunday, June 9, 2024
The Creston, #6E (Wohlfarth & Associates Inc)
130 Barrow Street, #218
$1,450,000 (-3%)
West Village | Condominium | 1 Bedroom, 1 Bath | 756 ft2Monthlies: $1,678
Open House: Sunday, June 9, 2024
130 Barrow Street, #218 (Douglas Elliman Real Estate)
The St. Tropez, #8R
$1,499,000 (-10.5%)
Lenox Hill | Condominium | 2 Bedrooms, 1.5 Baths | 1,294 ft2Monthlies: $2,031
Open House: Sunday, June 9, 2024
The St. Tropez, #8R (Keller Williams NYC)
123 South 1st Street, #3
$1,795,000
Williamsburg | Condominium | 2 Bedrooms, 2 Baths | 1,135 ft2Monthlies: $392
Open House: Sunday, June 9, 2024
123 South 1st Street, #3 (Serhant LLC)
Monogram, #21C
$1,875,800
Midtown East | Condominium | 1 Bedroom, 1 Bath | 629 ft2Monthlies: $1,091
Open House: Saturday, June 8, 2024
Monogram, #21C (Douglas Elliman Real Estate)
The International Tailoring Company Building, #7I
$1,950,000
East Village | Cooperative | 2 Bedrooms, 1 BathMonthlies: $2,445
Open House: Sunday, June 9, 2024
The International Tailoring Company Building, #7I (Sothebys International Realty)
177 Union Street, #2
$2,000,000
Carroll Gardens | Condominium | 2 Bedrooms, 2 Baths | 1,200 ft2Monthlies: $406
Open House: Saturday, June 8, 2024
177 Union Street, #2 (Douglas Elliman Real Estate)
The Morse Building, #10B
$2,150,000 (-4.4%)
Financial District | Cooperative | 2 Bedrooms, 2 Baths | 1,450 ft2Monthlies: $2,313
Open House: Sunday, June 9, 2024
The Morse Building, #10B (Corcoran Group)
12 East 12th Street, #12SW
$4,250,000
Greenwich Village | Condominium | 2 Bedrooms, 2 Baths | 1,438 ft2Monthlies: $2,634
Open House: Sunday, June 9, 2024
12 East 12th Street, #12SW (CORE Group Marketing LLC)
525 Broome Street, #PH6
$5,750,000
SoHo | Condominium | 4 Bedrooms, 3.5 Baths
Monthlies: $3,943
Open House: Sunday, June 9, 2024
525 Broome Street, #PH6 (Corcoran Group)
45 Greene Street, #PH
$9,800,000
SoHo | Condominium | 3 Bedrooms, 3 Baths | 2,900 ft2Monthlies: $3,381
Open House: Saturday, June 8, 2024
45 Greene Street, #PH (Serhant LLC)
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?