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How to Analyze Monthly Carrying Costs Before Buying in NYC Most NYC buyers focus on purchase price. That is not what causes regret. In New York City, buyers often underestimate what it actually costs to live in an apartment every month and that mistake can quietly destroy comfort, flexibility, and long-term confidence in the deal. In this video, I break down how to properly analyze monthly carrying costs before you buy so you can compare apartments accurately, model the real financial impact, and avoid surprises after closing. This framework works for co-ops, condos, and new development purchases in NYC. ⸻ What You Will Learn • What “carrying costs” actually mean in New York City • The key differences between co-op and condo monthly expenses • How to break down the true monthly number beyond just the mortgage • How to correctly compare two apartments using monthly outflow, not price • The most common mistakes high-income buyers make • A simple final framework to determine whether a deal truly fits your life Smart NYC buyers do not just buy apartments. They buy monthly stability. ⸻ Time Stamps 00:00- Intro 00:36 – What carrying costs actually mean in NYC 01:06 – Co-op vs condo carrying costs 02:11 – Breaking down the full monthly cost 07:01 – How I compare two apartments correctly 08:19 – Common buyer mistakes 10:08 – The final framework you can use ⸻ About Me My name is Chris Jordan. I am a luxury real estate agent in New York City. A major part of my job is helping buyers avoid expensive mistakes before they commit to a purchase. ⸻ Buyer Playbook If you are planning to buy in NYC, download my Buyer Playbook here: 👉 https://www.chrisjordannyc.com/buyer-... ⸻ If you want help modeling real monthly carrying costs before making an offer, you can reach out directly. Email: Chris-Jordan@KW.com