Add your monthly mortgage payment, maintenance or common charges, property taxes, insurance, and any applicable utilities. Then add the opportunity cost of your trapped equity (what that capital could earn elsewhere). For a typical NYC apartment, monthly carrying costs run $3,000 - $8,000+. Over a six-month delay, that is $18,000 - $48,000 deducted directly from your eventual net proceeds - often more than any seasonal price gain.
⚠️ UNVERIFIED: No T1/T2 source located as of 2026-08-01.
From the seller playbook: Timing the Market vs. Creating the Market
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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