Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
Free Buyer Consultation

Ready to Buy in NYC?

Get your personalized game plan — understand co-ops vs condos, know your numbers, and learn how to win in NYC's competitive market.

25+ Years Experience
1,000+ Buyers Helped
Hablo Español

The NYC Buying Journey

I'll Guide You Every Step

1

Discovery Call

Understand your goals, budget, and timeline. I'll explain co-ops vs condos and what to expect.

2

Get Pre-Approved

I'll connect you with lenders who understand NYC. Know exactly what you can afford.

3

Find Your Home

Search with strategy, not just hope. I'll show you properties that match your criteria and budget.

4

Close the Deal

Negotiate, navigate the board package, and close with confidence. I handle the details.

NYC 101

Co-op vs Condo: Which is Right?

Co-op

  • Lower prices — typically 20-30% less than condos
  • More inventory — 75% of NYC apartments are co-ops
  • Board approval required — can take 4-8 weeks
  • Stricter requirements — typically 20-25%+ down

Best for: Buyers with strong financials who want value

Condo

  • You own real property — easier to buy/sell/rent
  • Flexible financing — can go 10-15% down
  • Faster closing — no board interview
  • Higher prices — premium for flexibility

Best for: Investors, pied-à-terre, or those who may rent later

Not sure which is right for you?

Let's Talk About Your Situation

Get Your Free Buyer Game Plan

Tell me about your search and I'll help you create a winning strategy.

No obligation. No spam. Just helpful guidance.

Frequently Asked Questions

What's the difference between a co-op and a condo in NYC?

In a co-op, you buy shares in a corporation that owns the building. In a condo, you own your unit outright. Co-ops are typically cheaper but have stricter approval processes. I'll help you understand which is right for your situation.

How much do I need for a down payment in NYC?

Co-ops typically require 20-25% down (some require more). Condos can go as low as 10-15% down with the right financing. I'll connect you with lenders who know NYC requirements.

What are closing costs for buyers in NYC?

Budget 2-5% of purchase price for closing costs including attorney fees, title insurance, and various taxes. Mansion tax (1-3.9%) applies to purchases over $1M. I'll give you a complete cost breakdown.

Do I need a buyer's agent? How much does it cost?

Having your own agent is strongly recommended — I'll negotiate on your behalf and help you avoid costly mistakes. Buyer agent commission is typically paid by the seller, so my services cost you nothing out of pocket.

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