Co-ops carry a structural discount because they impose restrictions that condos do not: board approval risk, financing limitations (many require 20-50% down), subletting restrictions, and flip taxes. These constraints shrink the buyer pool significantly. Buyers pay less because they accept more risk and less flexibility. When pricing a co-op, benchmark against other co-ops - not nearby condos - and factor in the building's specific restriction profile.
From the seller playbook: Co-op vs. Condo Strategic Differences
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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