Skip Navigation
StreetEasy Logo

Liquid Assets for Upper East Side COOP

Started by Amigo88
over 13 years ago
Posts: 7
Member since: Aug 2009
Discussion about
Does anyone know of COOPs on the upper east side between Park and 5th Avenues, and between 60th to 80th streets, that do not require multiples of the purchase price in liquid assets. I know that condos or townhouse COOPs are an option, but I would prefer medium to larger sized COOPs. Also, does a 50% down building always require large liquid assets? Thanks in advance for any ideas.
Response by 5thGenNYer
over 13 years ago
Posts: 321
Member since: Apr 2009

I'm sure some of the brokers can advise better but I would say in general yes- its normally at least 1-2x liquid assets after closing in a 50% down UES coop building. Sutton place has the same rules

Ignored comment. Unhide

Add Your Comment

Most popular

  1. Wealth Gap have a < effect on the working man?
    47 Comments
  2. 55% of New Yorkers won't
    23 Comments
  3. More on land leases
    35 Comments
  4. Major appliances
    22 Comments
  5. Park Avenue on Sale
    58 Comments