Hidden Monthly Costs | Condo and Coop Assessments Explained

[@SargisMosyan]

Reach out to me at [e-mail] to book your 30-minute one-on-one consultation if you are looking to buy, sell or rent in NYC or if you just have questions regarding NYC Real Estate.

[@avaramirez7777]

Very good explanation

[@SargisMosyan]

Thanks for liking

[@trancastore2107]

Thank you

[@SargisMosyan]

Glad the video was helpful.

[@haleemathompson5387]

So assessments are better than just increasing the maintenance?

[@SargisMosyan]

Correct. That's because usually the maintenance increases are permanent, but since the assessment funds have a specific use and a specific timeline, once the necessary funds are raised and the assessment period is over, you no longer make those payments.