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Most NYC buyers focus on the purchase price, but that is not what determines whether an apartment is actually affordable. In New York City, monthly carrying costs often matter more than price, especially in 2026 as interest rates, taxes, and building expenses continue to shift. In this video, I break down the real monthly costs of owning an apartment in NYC, including what buyers commonly underestimate. You will learn how co-op maintenance, condo common charges, property taxes, insurance, and hidden building fees impact affordability and board approval. This video is especially helpful for first-time buyers, out-of-state buyers, and anyone comparing co-ops versus condos in Manhattan. If you are planning to buy in NYC in 2026, understanding your true monthly carrying costs will help you avoid rejected applications and costly mistakes. 🚚 Moving to NYC? I’d Love to Help! 👋 Dewey Moss, Lic# 10401350036 📲 (917) 301-4639 📧 dewey@deweymossrealestate.com 👋 Dewey Moss, Lic# 10401350036 📆 Schedule Discovery Call: https://calendly.com/dmossrealestate 🏆 Brokered by: Weichert Properties Union Square, Lic# 10311205304 Highly Recommended Videos: 🌆 The COMPLETE Co-Op Buying Guide in New York City 2024 | w/ Industry Tips & Strategies! - • The COMPLETE Co-Op Buying Guide in New Yor... 🏗️ Co-ops VS. Condos: A Guide to NYC Real Estate! - • Co-ops VS. Condos: A Guide to NYC Real Est... 🤠 UPDATED Steps in Buying a Condo in NYC | Criteria, Requirements, & Step-by-Step Breakdown! - • UPDATED Steps in Buying a Condo in NYC | C... Connect 🌐 Website: https://deweymossrealestate.com/ 📺 YouTube: / @deweymossrealestate 📲 Facebook: / deweymossrealestate 📱 Instagram: / deweymossrealestate 💼 LinkedIn: / deweymoss Disclosures 😀 Info provided is opinion and for entertainment purposes. 💰 Links shared may be affiliate links to products or services. We may receive a commission, discount or benefit for purchases made through these links. 🔎 Sources Niche, Wikipedia, TravelTime, Census, Real Estate Commission 😀 Info provided is opinion and for entertainment purposes. 💰 Links shared may be affiliate links to products or services. We may receive a commission, discount or benefit for purchases made through these links. 0:00 Real Cost of Owning in New York City (2026 Overview) 0:58 What “Monthly Carrying Costs” Actually Include 1:40 Co-Ops Explained – Maintenance, Taxes & Board Rules 3:55 Condo Costs – Common Charges vs Property Taxes 4:55 Hidden Monthly Costs Buyers Miss (Assessments, Fees, Insurance) 7:00 Why Price Alone Doesn’t Determine Affordability 7:55 Smart Way to Evaluate Apartments in Manhattan 8:40 Tools, Calculator & Final Buyer Tips The Truth About Monthly Carrying Costs in NYC (2026) #newyorkcity #NYC #deweymoss