Tag Archives: Buying a Coop in NYC

How Much Cash Do You Need to Buy an Apartment in NYC?

How much cash you need to buy an apartment in NYC depends on whether you are buying a co-op or condo, the size of your mortgage, and your desired down payment amount. As a general rule of thumb, you need to have 21% to 22% of the purchase price in cash to buy a co-op (assuming 20% down) and 22% …

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