I must agree with Anna. It depends on your needs. Type of ownership varies, and one type of ownership may be more towards your liking than the other. With Condos, you have actual ownership. However, with a co-op, you own a stock interest, and not the actual property. With a co-op, you are issued a proprietary lease.
I think that you should do your due diligence, when deciding which one to go for. Each has their pros and their cons.
I hope this answered your question! If you have any further questions, please feel free to contact me by the ways below.
Wishing you all the best,
De Vonte Williamson , LSA
Proudly Serving Long Island
Coldwell Banker Residential
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