Home Buying in New York>Question Details

Iheartny, Other/Just Looking in New York, NY

What is a Co-op?

Asked by Iheartny, New York, NY Sat May 5, 2007

Help the community by answering this question:


A coop is a form of ownership. Instead of owning real property like a house or condo coop owners own shares of stock in the housing corporation allocated to a particular unit. Cooperative ownership is the most common form of apartment ownership in New York City.There are pros and cons of coop ownership. link below for more about coops and condos.
1 vote Thank Flag Link Sun May 20, 2007
Mitchell Hall, Real Estate Pro in New York, NY
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer