what is ideal # of apt in a coop

That's like saying what's the ideal number of jellybeans in an Easter basket.

Co-ops come in all shapes, sizes, and demographic makeups. What are your specific worries and concerns?

if in Manhattan, then 35-40. Definitely not lower than 20.
Outer-boros, you want to be in the 60-75 range.

thats for taking the time... As a first time coop buyer i want limited potential for loss. ie if the elevator needs repair...is it better to have 30 units to share the cost than 18 units. if the maint increases, will it increase less with more coop owners..... M

Does it matter if the elevator is by Otis (United Technologies) or ThyssenKrupp or Schindler?

Don't be stupid pinupgirl.

But you also have to take into account like # of doormen per apartment.

No, the manufacturer of the elevator makes no difference -- just how it's maintained.

And there is no magic number for co-op units. I know of many three and four-unit co-ops that are in much healthier financial condition than 70-unit buildings. It all depends on the board, the shareholders, and the condition of the building.

I think the perfect number is....47
That is the exact perfect number

There's a much more in-depth guide we use for our actuary tables, but as a general estimate for a Manhattan Coop:

(Take the # Of Blocks East or West of 5th Ave X (The Average Age of Tenants/3))
and then divide by the Street Number (ie 57th St)

As you can see from above, if you live on an unsavory unnumbered street like Houston Street or Broad Way, your apartment is worthless and the coop should burn it for insurance money, or otherwise you would have to divide by zero.

Hope that helps.

Yeah, by forcing people to put a name with a post has really improved content

i think the more apts the lower the monthlies...

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