New York City’s co-op apartments offer affordability compared to condos, but their complex approval processes and strict rules deter many investors. Co-op boards often require extensive financial disclosures, interviews, and even rejections without explanation.

While co-ops can provide stable long-term returns in neighborhoods like the Upper East Side, their resale value grows slower than condos due to limited buyer pools. Maintenance fees are also higher, and subletting restrictions can limit rental income potential.

This information was sourced from trends highlighted on https://new-york.realestate.