← Answered questionsSeller playbook
Who sets the resale price in a city-supervised Mitchell-Lama co-op?
HPD's Mitchell-Lama rules state that the mutual housing company fixes the resale price subject to HPD approval. The applicable rule and the building's current documents should be reviewed for the specific transaction.
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.
More questions on this topic
List for free, or go full service for 1%.
Use the playbook yourself, or let us run pricing, marketing and negotiation.