Not legally required, but strategically recommended. Buyers will inspect aggressively - facade, roof, mechanicals, plumbing, structural beams, and foundation. If your pre-listing inspection reveals issues, you can either fix them, price them in, or disclose them proactively. Surprises during buyer inspection lead to renegotiation or deal collapse. Knowing your condition before listing gives you control.
From the seller playbook: Selling a NYC Townhouse: Strategy, Pricing, and Unique Risks
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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