: Starts at 1% for properties over $1M and scales up to 3.9% for those over $25M.
: Many buildings require buyers to show they have 1–2 years of carrying costs in liquid reserves after the purchase. Legal and Management Responsibilities buying an apartment in nyc to rent out
Investing in the New York residential market requires a departure from national real estate norms. As of early 2026, the market is defined by , which keeps a floor under prices even when transaction volume slows. : Starts at 1% for properties over $1M and scales up to 3