New York Metro · New York
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.
$1150/mo
National avg: $291/mo
$420/mo
National avg: $170/mo
$680/mo
National avg: $215/mo
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.
Fine cap
Set by bylaws
Notice required
Per CC&Rs
Hearing right
Required
Many New York City HOA boards face the choice between self-management and hiring a full-service property management company. Management companies typically charge $10–$22 per unit per month — for a 75-unit community that is $750–$1,650/month. Self-managed boards with the right software can handle the same work at a fraction of the cost.
LotWize helps self-managed HOA boards handle budgets, violations, communications, and reserve planning — all in one place. No property management company required.
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. Legal information is general in nature and not legal advice. Always consult an HOA attorney and your governing documents for your specific situation. Last updated: 2026.