The answer depends on the development's current status and governing documents. City- and state-supervised Mitchell-Lama developments use their own regulatory processes; HPD states that apartments are sold or rented through waiting lists kept by each development. Obtain the managing agent's current transfer package and have counsel confirm the path for your apartment.
From the seller playbook: Selling a Mitchell-Lama Apartment in NYC: Confirm the Transfer Path First
This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.
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