Sponsor units in Manhattan skip board approval and allow LLC purchases — but premiums of 5-15% and unrenovated condition often offset the advantages.

Buying a Manhattan apartment costs 2-3% of price for co-ops and 3-6% for condos with a mortgage. Here's the line-by-line breakdown of every closing cost.

NYC closing costs differ sharply between condos and co-ops. Condos add mortgage recording tax and title insurance; co-ops have flip taxes. Full breakdown.