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Average maintenence cost in manhattan (UWS for ex)

Started by lemony
about 14 years ago
Posts: 46
Member since: Mar 2008
Discussion about
What is the average maintenance paid per sq foot in UWS? $1.50 to $2 per sq foot? Likely higher in doorman buildings. But for a non doorman building, does $1.60 a sq foot sound reasonable? TIA
Response by uwsbeagle
about 14 years ago
Posts: 285
Member since: Feb 2012

1.6 psf sounds high for non doorman bldg. That rate should be more in line with decent (but not prime) full svc bldg.

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Response by lovetocook
about 14 years ago
Posts: 171
Member since: Sep 2010

Don't know if it's high but I pay about $1.35 for a full doorman 500 plus apt building. But then I'm in a big building.

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Response by NWT
about 14 years ago
Posts: 6643
Member since: Sep 2008

For these 40 UWS for-sale 2/2 co-ops with 4 or 4.5 rooms, the median is ~$2100, or $1.68: http://streeteasy.com/nyc/sales/nyc/status:open%7Ctype:P1%7Carea:136,137%7Crooms%3C5%7Cbeds:2%7Cbaths=2

Can't tell which don't have doormen, but their median would be lower than that, and there aren't many of them.

Square-foot figures are vague or not cited for a lot of co-ops, so figure low $500s per room as not being out of line.

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Response by caonima
about 14 years ago
Posts: 815
Member since: Apr 2010

used to be $1.8/sqft, but we voted it down to 0.25/sqft

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Response by JButton
about 14 years ago
Posts: 447
Member since: Sep 2011

what did you do? switch off elevators, no lights in hallways, take your own trash out, rent out basement to a club type of things?

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Response by OTNYC
about 14 years ago
Posts: 547
Member since: Feb 2009

We have seen our maintenance rise 25% in the past 4 years. This has been driven almost entirely by increases in taxes (our building taxes have doubled in the same time), and increases in fuel costs, water/sewage bills from the city. Those 3 items combined make up about 80% of our budget. We are a non-doorman prime UWS building in great condition, no doorman, live-in super, our maintenance is around $1.30 - $1.60 psft depending on the floor (higher floor = more shares = higher maintenance).

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