I hope this has been helpful. Call me if you need further information. Ben Oliva - Family Tree Realty - 516-642-6283.
There are a number of factors that determines how low or high co-op fees are for each development. For example, a building that offers a 24/7 gym, indoor & outdoor swimming pool, public sitting room, jogging trails, etc., might be higher than that of the development that just offers a public sitting room. So--what amenities are you paying for? You must also consider, what is included in your maintenance (utilities & upkeep). Water, Landscaping, Snow Removal, Garbage Removal, Lighting/Exterior Upkeep, etc. To simply answer your question--"it all depends."
I suggest you stop into some local Co-op developments and shop around. Compare Maintenance fees, as well as the affordability of the development.
I hope this answered your question. Please feel free to contact me should you have any additional questions, or if you need any further assistance in your search.
Wishing you the best of luck,
De Vonte Williamson, LSA
Coldwell Banker Residential
Proudly Serving Long Island
In addition to the amenities, the maintenance will differ depending on what the property taxes are on the entire building (both school and county taxes) and the number of shares in each unit, the physical size of the unit, whether parking is included in the maintenance, the amount of upkeep being done on each property, whether there are additional assessments required for additional upkeep (such as roof or window repairs & maintenance), how much area is "common area" for landscaping &/or snow removal, whether the co-op corporation has a "master mortgage", and many other factors.
These differences create different maintenances from building to building.
If you would like additional information and/or assistance, please contact me.
Arlynn B Palmer
Daniel Gale Sotheby's International Realty