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August 12, 2007
Maintenance Costs - Coop
Hello - Am looking at making an offer for a coop. CCs are relatively high - $2500 area of which 50% are real estate taxes. Building is old with only 4 apartments and am concerned that longer term CCs maybe much higher. Any rule of thumb to estimate longer term costs - assuming that reserve fund is small and building is in ok shape but not great (1900 build). Thanks
Comments
can you tell us how big the apartment is? I hope it's at least 2,500 square feet.
Posted by: guest at August 12, 2007 9:53 PM
Yes - size is about 2,800 square feet.
Posted by: cobble at August 13, 2007 8:02 AM
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