Coops and Condos in Queens, Nassau, Suffolk & Brooklyn
Two very different ways to own an apartment — searched together, understood separately. Explore each market below, or jump straight into the listings.
Coop and Condo Markets by County
Coops and condos are measured separately, county by county — different products, different monthly costs, different buyer pools. Each county page opens with the ten developments buyers pursue most in that market, then its full analytics.
Coops by County
Brooklyn figures come from the City’s recorded-sale record, which covers every sale. Listing detail — asking prices, days on market, inventory — arrives with our Brooklyn MLS connection.
Brooklyn Coops for Sale →Condos by County
Brooklyn figures come from the City’s recorded-sale record, which covers every sale. Listing detail — asking prices, days on market, inventory — arrives with our Brooklyn MLS connection.
Brooklyn Condos for Sale →Coop and Condo Markets, Side by Side
The same live OneKey MLS figures shown on the cards above, lined up county against county — plus months of supply, which is what you get when you divide the active listings by the pace those listings are actually selling at. Asking prices and market pace only; nothing here is a sold price or a valuation of any individual apartment.
Coops by county, side by side
| County | Median ask | Typical days to contract | Closings / mo | Active now | Months of supply |
|---|---|---|---|---|---|
| Nassau County | $365K | 38d | 62/mo | 213 | 3.5 mo |
| Suffolk County | $277K | 29d | 32/mo | 100 | 3.1 mo |
| Queens | $320K | 65d | 201/mo | 1,518 | 7.5 mo |
| Brooklyn* | $325K | 97d | 13/mo | 133 | — |
Queens moves the most coop volume of these markets: about 201 closings a month, against Nassau County's 62 and Suffolk County's 32. That is about 3.3 times the volume of the next-busiest of these markets. Asking prices run from about $277K in Suffolk County up to roughly $365K in Nassau County. Coops go to contract fastest in Suffolk County, a median of about 29 days, and slowest in Queens at about 65 days. Supply is tightest in Suffolk County, roughly 3.1 months of coop inventory at the current sales pace, and deepest in Queens at about 7.5 months.
Condos by county, side by side
| County | Median ask | Typical days to contract | Closings / mo | Active now | Months of supply |
|---|---|---|---|---|---|
| Nassau County | $924K | 28d | 53/mo | 174 | 3.3 mo |
| Suffolk County | $562K | 29d | 120/mo | 314 | 2.6 mo |
| Queens | $680K | 61d | 86/mo | 931 | 10.9 mo |
| Brooklyn* | $653K | 66d | 9/mo | 102 | — |
By closed volume Suffolk County is the largest condo market of the group, running roughly 120 sales a month next to Queens' 86 and Nassau County's 53. Suffolk County is the least expensive condo entry of these markets, asking a median near $562K, while Nassau County carries the highest median ask at about $924K. Typical time to contract ranges from about 28 days in Nassau County to about 61 days in Queens. At the current pace Suffolk County holds about 2.6 months of condo supply, against Queens at roughly 10.9 months.
What the coop-to-condo gap looks like in each county
- Nassau County — the median condo asks about $924K against $365K for coops, about 2.5 times the coop median.
- Suffolk County — the median condo asks about $562K against $277K for coops, about 2.0 times the coop median.
- Queens — the median condo asks about $680K against $320K for coops, about 2.1 times the coop median.
- Brooklyn* — the median condo asks about $653K against $325K for coops, about 2.0 times the coop median.
* Brooklyn figures cover only the Brooklyn coops and condos carried on our current OneKey MLS feed, which is not the whole borough — so its months of supply is withheld rather than estimated, and Brooklyn is left out of the county-to-county comparisons above. Full Brooklyn coverage arrives with our Brooklyn MLS connection.
Based on information from OneKey® MLS, for the period October 15, 2025 through October 10, 2026.
How these numbers are calculated
Median ask is the median asking price of every active and coming-soon coop or condo listed inside the county boundary right now (polygon-scoped, not a ZIP sample), shown only where at least 20 listings sit behind it.
Typical days to contract and closings per month come from the coop or condo sales that closed inside the same boundary over the trailing 12 months — a median for days, and the closed count divided by 12 for pace. Both are shown only where at least 30 closed sales sit behind them.
Months of supply is the active count divided by that monthly pace: how long today's inventory would last if sales continued at the trailing-12-month rate and nothing new were listed. It appears only where both inputs clear their own gates.
Medians throughout, never averages. Where a figure misses its gate the cell shows a dash and no sentence is written about it. Coops and condos are counted separately by MLS subtype and are never blended with houses. Active inventory as of Oct 10, 2026; closings over the trailing 12 months. Conditions vary by building, town and price band — open a county for the breakdown.
Every Coop and Condo Development We Have Records For
Every named development our MLS records identify — 1,514 in all across the county directories below, whether or not each has its own market page yet. Not a shortlist. Each directory groups its developments by town, then alphabetically.
Which Coops and Condos Are 55+ Communities?
Age-restricted communities limit ownership — and usually occupancy — to residents 55 and over, so eligibility is the first question, before price. Age rules are set by each community and our records reflect how listings were filed; confirm the current requirement with the managing agent or the offering plan before relying on it.
Waterfront and Water View Coop and Condo Developments
Two tests, both required: the development sits in a waterfront town, and a majority of its listings in our records cite a water view or water frontage. This covers both — homes on the water and homes with a view of it — because that is how the market and the MLS actually use the label. Being listed here is not a statement that any particular home is on the water, and it is not a flood-risk assessment. Confirm frontage, bulkheading and flood zone for any specific home.
Garden and Low-Rise Coop and Condo Developments
Developments of three storeys or fewer — garden apartments and low-rise complexes, typically walk-up, often spread across landscaped grounds, and usually the lower-fee end of the market. Buildings of four to six storeys appear in neither this list nor the high-rise list: a mid-rise is neither, and we would rather leave it out than label it wrongly.
High-Rise Coop and Condo Buildings
Buildings of seven storeys or more — elevator buildings, usually with a doorman or on-site staff, and a very different monthly cost structure from a garden complex. Height is the median storey count across the listings we hold for each development, so a complex with towers and low-rise sections is placed by its typical building, not its tallest.
Buying a Coop or Condo in New York
Board approval, building-set down payments, and true monthly costs decide these deals. Start with the market, not the listing.
Browse Coops and Condos for Sale → Buying a coop, step by step →Selling Your Coop or Condo
- Board package preparation and building requirements
- Flip taxes, move-out fees, and your true net proceeds
- Pricing from building-specific comps, not town averages
What Is the Difference Between a Coop and a Condo?
The main difference is ownership structure: buying a condo gives you a real property deed to your unit, while buying a coop gives you shares in the building's corporation with a proprietary lease. Condos allow smaller down payments and easier subletting; coops usually cost less to buy but require board approval.
Coop
- You own shares in the building's corporation, with a proprietary lease to your unit
- Board approval — financial package plus interview
- Down payment minimums set by the building, often 20–25%+
- Lower purchase prices and lower buyer closing costs
- Maintenance often includes the building's taxes
- Subletting limited by house rules
Condo
- You own real property — a deed to your unit
- No board interview; usually a waiver of first refusal
- Lender-driven financing — smaller down payments possible
- Higher prices; easier resale and rental flexibility
- Common charges plus separate property taxes
- Fewer restrictions overall
Deals That Run on Documents
Coop and condo transactions are decided in the paperwork — proprietary leases, offering plans, board packages, building financials. The DeVito Team is led by Joseph DeVito, a NY Licensed Associate Real Estate Broker who is also an attorney, so that fine-print perspective is built into the brokerage side of every deal. For legal advice on your specific transaction, retain your own attorney — brokerage services are not legal representation.
Talk it through Board package checklistCoop vs. Condo: Common Questions
What is the difference between a coop and a condo?
A condo is real property — you own your unit and a share of the common areas, with a deed. A coop is shares in a corporation that owns the building, plus a proprietary lease for your apartment. Coops typically involve board approval, higher down-payment minimums, and lower closing costs; condos offer easier financing, simpler approval, and generally easier resale.
Which is cheaper to buy — a coop or a condo?
The trade-off with a coop is board approval, building-set down-payment minimums, and stricter rules on subletting. Condos cost more up front but come with fewer restrictions. Which trade makes sense depends on your financing, timeline, and plans for the property.
Are closing costs different for coops and condos?
Yes, meaningfully. Coop purchases avoid mortgage recording tax and title insurance (you are buying shares, not real property), which lowers buyer closing costs. Condo buyers pay both. On the sell side, many coops charge a flip tax. The full picture is deal-specific — it belongs in your net sheet, not on a generic checklist.
Do coops and condos appear in the same home search?
On our search they do — the Coops and Condos filter shows both side by side across Nassau, Suffolk, Queens, and Brooklyn, with the monthly maintenance or common charges on each listing so the true monthly cost is visible upfront.
Do I need my own insurance for a coop or condo?
Yes. The building's master policy covers the structure and common areas — not the inside of your unit or your belongings. A personal coop/condo policy (an HO-6, often called walls-in coverage) covers your interior finishes, personal property, liability, and loss assessments if the building bills owners after a covered event. Many lenders and coop boards require proof of coverage before closing.
What down payment do you need for a coop vs. a condo?
Condo down payments are set by your lender, and some loan programs allow smaller down payments for qualified buyers. Coop minimums are set by each building's board. Of the 755 co-op corporations whose minimum down payment we have confirmed from MLS listings, 72% require 20%, 18% allow 10%, and 9% require 25% or more. Some buildings also require post-closing liquidity (cash reserves after closing). The building's rule applies no matter how strong your financing is, so confirm it before you offer.
How long does coop board approval take?
The board step is the least predictable part of a coop purchase: it runs longer in buildings whose boards meet infrequently or ask for follow-up documentation. A complete, well-organized package is the best way to keep it moving.
Why work with an agent who is also an attorney on a coop or condo deal?
Coop and condo transactions run on documents — proprietary leases, offering plans, board packages, building financials. Joseph DeVito is a licensed Associate Real Estate Broker and attorney, so that reading-the-fine-print perspective is built into the brokerage side of your deal. For legal advice on your specific transaction, you should always retain your own attorney — and we will tell you the same.
The DeVito Team of Keller Williams Realty Greater Nassau
Joseph DeVito, NY Licensed Associate Real Estate Broker
400 Garden City Plaza Ste 438, Garden City, NY 11530 · (516) 770-3782
