What’s the useful life of our building’s equipment?
Understanding of the life expectancy of various building systems enables effective planning, budgeting, and maintenance strategies to ensure the smooth operation and longevity of your building.
Fannie Mae maintains a comprehensive list of all systems and the following table summarizes those systems that are most common in New York City co-op or condo buildings. This table serves as a valuable resource, providing estimated lifespans for key systems such as the building envelope, HVAC, plumbing, electrical, and elevators. By referring to this table, your board can make informed decisions, anticipate maintenance and replacement needs, and optimize the performance and value of their buildings.
| System | Years |
|---|---|
| Elevator machinery | 30 |
| Windows | 30 |
| Boilers | 25-40 |
| Cooling tower | 25 |
| PTAC | 15 |
| Façade | 40 |
| Roof | 50 |
| Parapet capping | 25 |
| Exterior fire escape | 40 |
| Mechanical room | 50 |
| Plumbing | 50 |
| Electric | 40 |
| Interior lighting | 15 |
| Exterior exhaust | 15 |
| Intercom | 20 |
| Compactor | 15 |
| Emergency generator | 25 |
| Wall-to-wall carpet | 5 |
Source: FannieMae
Related Articles
Sign Up for our Boards & Buildings Newsletter (Coming Soon!)
Thank you for your interest in our newsletter. You have been successfully added to our mailing list and will receive it when it becomes available.
