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I'm basing this off of apartments in NYC. I often see ~$600k co-cops with $800 monthly co op fees (of which half is maintenance half is taxes). That seems low to me compared with similarly priced homes elsewhere.

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Property tax in New York City tends to be lowered because there is also an income tax. Try comparing homes outside the city.

NYC has has a city tax on your income. If you are living in the tristate area youre paying one way or the other :)

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