New York City Average HOA Fees (2026)
New York Metro · Data last updated 2026
New York's co-op and condo market is among the largest in the world — virtually all multifamily units carry HOA or co-op fees.
Monthly HOA fee averages
$1150/mo
National avg: $291/mo
$420/mo
National avg: $170/mo
$680/mo
National avg: $215/mo
Why HOA fees look the way they do in New York City
New York City HOA fees are the highest in the nation — full-service buildings with doormen, concierge, and valet routinely exceed $2,000/month for luxury units.
- Building exterior
- Doorman/concierge staffing
- Elevator maintenance
- Water/sewer
- Trash
- Common area upkeep
- Doorman
- Gym
- Concierge
- Rooftop
- Valet
- Pool
Why do HOA fees vary within New York City?
Even within the same city, fees can range from under $50/month to over $2,000/month depending on several factors:
- Amenity level — communities with golf courses, full-time staff, or resort-style pools carry significantly higher fees than basic landscaping-only HOAs.
- Building age — older buildings typically require higher reserve contributions and more frequent major repairs.
- Reserve fund health — an underfunded HOA may have artificially low fees today but face a large special assessment in the future.
- Property type — condos in high-rise buildings generally carry higher fees than detached SFH communities due to shared building system costs.
Related HOA tools
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Start 14-Day Free TrialFee data represents estimates based on available market data and public HOA disclosures. Actual fees vary widely by community, amenities, building age, and reserve funding status. This page provides general reference information only — not financial or legal advice. Always request an HOA's current budget and reserve study before purchasing. Last updated: 2026.