How much does a Co-op City apartment cost?

How much does a Co-op City apartment cost?

Apartments cost between $13,500, for a basic one-bedroom, and $29,250, for a three-bedroom with one and a half baths and a balcony. Monthly carrying charges range from $646 to $1,394. Floor height plays a part in determining those fees; the high-rises range from 24 to 33 stories.

Is Co-op City affordable housing?

Jamaal Bowman said, “Co-op City is truly a one-of-a-kind community, home to the largest affordable housing cooperative in America and more than 45,000 constituents that I am honored to serve.

Is Co-op City a good neighborhood?

editorial. Co-op City is a neighborhood in New York City, New York with a population of 36,074. Co-op City is in Bronx County and is one of the best places to live in New York.

Is Co-op City sinking?

Although the buildings and many of the roads were built on pilings and remained stable, the ground around them has been sinking since the complex was completed in the late 1960’s.

Who is the owner of Co-op City?

Riverbay Corporation
Riverbay Corporation, the property management company that manages Co-op City, welcomes you to its web site. Co-op City is a New York City Mitchell-Lama cooperative located in the Northeast Bronx. With 15,372 apartments in 35 high-rise buildings and 7 townhouse clusters, Co-op City has approximately 50,000 residents.

How many sections are there in Co-op City?

five sections
Co-op City is divided into five sections.

How many apartments are in Co-op City?

15,372 apartments
Co-op City is a New York City Mitchell-Lama cooperative located in the Northeast Bronx. With 15,372 apartments in 35 high-rise buildings and 7 townhouse clusters, Co-op City has approximately 50,000 residents.

Why is it called Co-op City?

Co-op City (short for Cooperative City), located in the Northeast Bronx, is the largest cooperative housing development in the world. Construction on Co-op City began in May 1966.

Is Co-op City built on a swamp?

Although Co-op City revitalized this far off region of the Bronx, it has also dealt with setbacks. Co-op City’s foundation being swamp ground causes the land surrounding the neighborhoods structures to sink a fraction of an inch per year requiring constant maintenance of sidewalks and building entrances.

Was Co-op City built on a landfill?

The development was built on landfill; the original marshland still surrounds it. The building foundations extend down to bedrock through 50,000 pilings, but the land surrounding Co-op’s structures settles and sinks a fraction of an inch each year, creating cracks in sidewalks and entrances to buildings.

Can you sublet in Co-op City?

Maximum allowance of subletting for a shareholder: Most co-ops set limits over a period of time. The majority of co-ops allow you to only sublet for 2 years out of every 5 years provided you have hit the minimum residency requirement. If you find a building that has no limit, you will be one of the lucky ones.

Can I rent out my coop in NYC?

The majority of co-ops allow you to only sublet for 2 years out of every 5 years provided you have hit the minimum residency requirement. If you find a building that has no limit, you will be one of the lucky ones.

Can you airbnb a coop in NYC?

New York City coops prohibit short-term rentals. Condominium homeowner associations (HOAs) have the legal right to ban short-term rentals if they want to.

Are Airbnbs illegal in NYC?

If the Airbnb listing is for a room in a home that permanent residents are living in, it’s legal. But if the permanent residents are handing their entire space to an Airbnb renter for less than 30 days, it’s not.

Where can I find apartments for rent in co-op City?

Apartments.com has the most extensive inventory of any apartment search site, with more than 1 million currently available apartments for rent. You can trust Apartments.com to find your next Co-Op City rental.

How much does it cost to live in a co op City?

Co-Op City is an apartment in Bronx in zip code 10475. This community has a 2 – 4 bedroom, 1 – 2 bathroom, and is for rent for $757 – $1,940.

What is co-op City?

Co-op City is a New York State Mitchell-Lama housing cooperative in the northeast Bronx Co-op has 15,372 residential units in 35 high-rise buildings and seven (7) townhouse clusters consisting of garden and duplex apartments. It is managed by Riverbay Corporation. HOME ABOUT NEIGHBORHOOD