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Licensed Real Estate Associate Broker
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25+ years experience · 1,000+ transactions · 5-star reviews
Co-ops are 75% of NYC's apartment inventory. Lower entry prices, established buildings, board-approval expertise. Let Milton guide you through the process.
What makes co-ops stand out in this market
Co-ops typically sell 15-30% below equivalent condos. More value per square foot in NYC's most established addresses.
A portion of your monthly maintenance covers property taxes and underlying mortgage interest, which may be tax-deductible.
Most pre-war buildings with original details like herringbone floors, high ceilings, and ornate lobbies are co-ops.
Board review of residents means buildings tend to be financially stable with low default rates and strong reserve funds.
Co-op buyers submit a detailed package: financials, tax returns, employment letters, and personal references. Milton prepares yours.
Most co-ops limit financing to 70-80% of the purchase price. Some require all-cash. Know the building's rules before making an offer.
Most co-ops restrict or prohibit subletting. Pied-a-terre use and pure investment purchases are often not permitted.
No co-ops are currently listed. New inventory appears here as soon as it hits the RLS.
Search All Co-ops →4 recent closings · Live RLS data
Closed
$895,000
4-74 48th Avenue #PH2B
Listing by Compass
Closed
$810,000
4-74 48th Avenue #PH3E
Listing by Compass
Closed
$520,000
3343 14th Street #15C
Listing by BOND New York
Closed
$500,000
4-74 48th Avenue #33J
Listing by Compass
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.
Licensed Real Estate Associate Broker
Keller Williams NYC | License #10401274378
Client Reviews
"Milton helped us buy our first home in Washington Heights. He knew the neighborhood inside and out, negotiated a great price, and guided us through every step of the closing process."
Maria R.
Buyer · Washington Heights · $25K under asking
"He has a deep understanding of the value of apartments in NYC. Intelligent, professional, and always had my best interests in mind. This is the person you want on your side."
Sasha
Client · Google Review · 5 stars
"Pia Isabella Palomino: So thankful to work with Milton! He worked so fast to make sure I got my dream place. Great communication, super friendly and responsive."
Pia I.
Client · Google Review · 5 stars
The median asking price for co-ops in Long Island City is currently $1,237,500, trending +38.6% year-over-year. Co-ops typically cost 15-30% less than equivalent condos in the same area.
Board approval requires submitting a board package with financial statements, tax returns, bank letters, references, and an employment letter. After package review, approved buyers are invited to a board interview. Milton prepares your package and coaches you for the interview.
A flip tax is a transfer fee charged when co-op shares are sold. It is typically paid by the seller (1-3% of sale price or a per-share amount), though terms vary by building. Milton reviews every building's house rules before you make an offer.
Board package prep included. 25+ years of co-op expertise. Free consultation.
Licensed Associate Broker
Keller Williams NYC | Lic. #10401274378
Hablo Español · English & Spanish