What’s the average flip tax for a condo or co-op in New York City?

… already familiar with the myriad fees that come with buying in New York City But theres one more cost you should … were converted to coops The fee was intended to discourage buyers from flipping apartments buying and then selling the units to make a quick profit  Today they are mostly used to raise revenue for coop buildings instead of …

By Celia Young |April 1, 2024 - 2:30PM