This is truly a buyer’s market, and for those rushing to move forward without time-consuming and intrusive board interviews, one may want to seek out the small percentage of co-op availabilities requiring no co-op board approvals. These listings typically refer to sponsor units owned by the original owner or corporation, who is usually the one responsible for converting the building or collection of units from a rental to a cooperative.
When a co-op listing says “No board approval,” that can come as a relief to some buyers. This means avoiding the board interview, which can require everything from submitting one's financial history to bringing one's dog to make sure it’s a good fit. The lack of a board review and interview can also result in a quicker purchase, especially at a time when less than tech-savvy boards have slowed down a buying process that has gone increasingly online in the wake of the pandemic.
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However, “no board approval” is not and should not be treated as a get-out-of-jail-free card. In transactions such as these, the buyer will have to pay the transfer tax, as well as a premium for the ease of not having to go through the board process. Moreover, residents of these units will still be expected to abide by the board’s bylaws. Below, we take a look at co-op listings that do not require board approval in various NYCneighborhoods.
At the peak of the Manhattan real estate market, around the first quarter of 2016, there were 1,648 co-ops for sale in Manhattan (not in contract). Today, there are 3,059 co-ops available, an 86% increase in inventory. Prices have also come off their 2016 highs. The average closing price of a Manhattan co-op is $1,054 per square foot, not far from their 2016 peak of $1,015. Over the course of the last year, inventory has inched downward as prices have crept up.
Co-op and Condop istings with No Board Approval
From the Listing: Corner one bedroom in a beautiful Art Deco prewar building on Minetta Lane, a lovely enclave steps from some of the most dynamic and historic areas of Greenwich Village, including Washington Square Park, MacDougal Street, and NYU. Features include: A gracious entry foyer with enough room for a dining room or home office area, a spacious sunken living room, a windowed bath and kitchen, original hardwood floors with inlaid wood bordering, crown moldings along with all ceilings, very generous closet space, and sunlight from all the windows! See floor plan and full details here.
From the Listing: This super spacious charming one-bedroom apartment has been reconfigured to have a second room, which is perfect for a share, baby room, or WFH. The wall is easily removable to achieve the original configuration of an extra-large living room. The sunken living room has high beamed ceilings, the original wrought-iron railing, and solid oak herringbone floors. There is a dining alcove and a foyer, which can accommodate office space. The bedroom offers space for the largest king-size bed, and has two big closets, with plenty of room for dressers, a desk, and a chaise lounge. There are two additional closets, a fully equipped windowed kitchen, and a recently renovated stylish bathroom with a custom-built linen closet. The maintenance is a reasonable $ 1,789 for so much space and it includes the property taxes.
See floor plan and full details here.
From the Listing:
9M is a rarely available corner, two-bedroom, two-bath unit at the much sought-after Eastmore Condop. Located on the Upper East Side, this unit guarantees privacy with open views. Bright and sunny by day with the New York skyline brightly illuminated at night.
The entry foyer leads into the spacious living/dining area with a wall of oversized, South-facing windows and beautiful hardwood floors. Plenty of room to fit all your furniture. The renovated kitchen boasts a large window, top-of-the-line stainless steel appliances with an abundance of cabinets, and enough counter space to concoct the best of meals. See floor plan and full details here.
The entry foyer leads into the spacious living/dining area with a wall of oversized, South-facing windows and beautiful hardwood floors. Plenty of room to fit all your furniture. The renovated kitchen boasts a large window, top-of-the-line stainless steel appliances with an abundance of cabinets, and enough counter space to concoct the best of meals. See floor plan and full details here.
From the Listing: Welcome to your Manhattan PAD that drops you right in the heart of where the world is happening. This turn-key apartment, can come fully furnished if so desired. This comfortable, clean, and generous entertaining space is visually stimulating while the expansive bedroom puts one at ease when its time to turn in for the night.
See floor plan and full details here.
From the Listing:
This home is an unmatched enormous 4 bedroom, 2 baths, featuring a spacious, modern living environment where time seems to slow down, awash in light, and infused with history. The living room connects with the kitchen and flows from an extra-wide foyer. At select feature walls, 10" articulated baseboards lead to illuminated crown molding, amplifying ceiling heights, and showcasing arts.
See floor plan and full details here.
From the Listing: Prewar Classic 7 with NO BOARD APPROVAL! Bring your Contractor. Create your own Dream! This sun-filled seven-room room home has a wonderful, classic layout with tons of prewar details is BOM! There are 9'5" beamed ceilings, lots of large windows, an abundance of closets, and original hardwood floors.
A spacious formal entrance gallery leads to a west-facing living room that opens to a corner formal dining room with double north and west exposures.
Four major rooms line up on Lexington Avenue creating a fabulous flow of light, space, and a sense of lofty openness. See floor plan and full details here.
A spacious formal entrance gallery leads to a west-facing living room that opens to a corner formal dining room with double north and west exposures.
Four major rooms line up on Lexington Avenue creating a fabulous flow of light, space, and a sense of lofty openness. See floor plan and full details here.
Sponsor Co-ops with No Board Approval
From the Listing: Origin Briggs #3B is a spaciously laid out corner 1 bedroom/1 bath home featuring the highest upgrades in all aspects. From the moment you enter, you will be greeted by generously proportioned living and dining spaces that set the stage in this turn-key home. The residence premium upgrades include refinished hardwood floors with a satin finish, flush mount Maxim Linear LED overhead lighting fixtures, and chrome door hardware by Yale. See floor plan and full details here.
From the Listing: Origin Morris #3I is a north facing 1 bedroom/1 bath home featuring the highest upgrades in all aspects. From the moment you enter, you will be greeted by generously proportioned living and dining space that set the stage in this turn-key home. The residence premium upgrades include Terra Legno Cannon gray engineered wood flooring, flush mount Maxim Linear LED overhead lighting fixtures, interior two panel doors by Jeld-Wen with hardware by Yale and 8" base moldings.& See floor plan and full details here.
From the Listing: Bright south facing studio with treetop and sky views, on a lovely tree-lined street. The apartment features exposed brick, a decorative fireplace, a high ceiling, window shutters that tuck away, and through-wall air conditioning.
Located on an idyllic tree-lined Upper East Side Street. Take advantage of Carl Schurz Park at the end of the block and easy access to the 2nd Ave Subway stop at 86th Street! See floor plan and full details here.
Located on an idyllic tree-lined Upper East Side Street. Take advantage of Carl Schurz Park at the end of the block and easy access to the 2nd Ave Subway stop at 86th Street! See floor plan and full details here.
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All images of The America via Brown Harris Stevens
From the Listing: Real One Bedroom Opportunity on a lovely tree lined Street! Apartment features exposed brick, a decorative fireplace, high ceiling, window shutters, good closets and brand new through wall air conditioners.
Located on an idyllic tree-lined Upper East Side Street. Take advantage of Carl Schurz Park at the end of the block and easy access to the 2nd Ave Subway stop at 86th Street!
No occupancy requirement for sublets, with board approval. See floor plan and full details here.
Located on an idyllic tree-lined Upper East Side Street. Take advantage of Carl Schurz Park at the end of the block and easy access to the 2nd Ave Subway stop at 86th Street!
No occupancy requirement for sublets, with board approval. See floor plan and full details here.
From the Listing: Best 1 Bedroom Sponsor Apt in the Building!
No Board Approval Required. Offering by Prospectus Only. This sun-drenched top floor, newly renovated home is stunnning and an absolute must-see! As you enter this huge apartment you will be blown away by the beautiful open kitchen and spectacular granite island. This island provides enough space for gracious entertaining, meal preparation, or comfortable dining. The big bright and airy living room is large enough to accommodate plenty of living room furniture and a dining table. The grand bedroom offers great closet space with plenty of room for a king-size bed, additional furniture, and a home office. The brand new bathroom boasts gorgeous floor-to-ceiling tile.
See floor plan and full details here.
From the Listing: This large alcove studio is very quiet with pleasant, treetop views. It is in the process of being totally renovated, with ceiling height cabinetry in the kitchen, stainless steel appliances, and Caesar stone countertops. The bath will include a new vanity, Kohler fixtures, new subway tile, and a marble floor. Engineered hardwood floors throughout will give an elegant flow to the apartment. See floor plan and full details here.
From the Listing: NEW SPONSOR STUDIO! LOW FLOOR VERY LOW MAINTENANCE! This large alcove studio is very quiet with pleasant, treetop views. It is in the process of being totally renovated, with ceiling height cabinetry in the kitchen, stainless steel appliances, and Caesar stone countertops. The bath will include a new vanity, Kohler fixtures, new subway tile, and a marble floor. Engineered hardwood floors throughout will give an elegant flow to the apartment. See floor plan and full details here.
From the Listing: PRIME LIC LOCATION AND AMENITY-RICH BUILDING. Close and move-in ASAP at The Independent LIC. Take advantage of all of the financial incentives this building has to offer! - Lowest PPSF in LIC. More space for less money. - 421-a Tax Abatement in Place! Abated real estate taxes are included in the monthly maintenance. - 100% complete w/ final certificate of occupancy. - No Board Approval!
Welcome to residence 4A - Enter this home through your proper entry foyer - complete with a sizable closet. You will then find your stunning kitchen is appointed with Bosch appliances and a large island to accommodate entertaining. A large living and dining room has been designed to offer space and function. Completing this one-bedroom home is a large bathroom, an in-unit washer and dryer, and large windows to allow for plenty of light. See floor plan and full details here.
Welcome to residence 4A - Enter this home through your proper entry foyer - complete with a sizable closet. You will then find your stunning kitchen is appointed with Bosch appliances and a large island to accommodate entertaining. A large living and dining room has been designed to offer space and function. Completing this one-bedroom home is a large bathroom, an in-unit washer and dryer, and large windows to allow for plenty of light. See floor plan and full details here.
From the Listing: Pristine, Move-In Ready - No Board Approval. A fabulous opportunity to live in a charming one-bedroom brownstone co-op on the Upper East Side!
This apartment, located on the pristine tree-lined East 78th Street, is a sponsor unit, and does not require board approval. Apt. 4A at 166 East 78th St. is a recently renovated, delightful one-bedroom, located between Lexington and Third Avenues, on a quiet street with high ceilings that provides you with a private retreat from the hustle-bustle of living on the Upper East Side. See floor plan and full details here.
This apartment, located on the pristine tree-lined East 78th Street, is a sponsor unit, and does not require board approval. Apt. 4A at 166 East 78th St. is a recently renovated, delightful one-bedroom, located between Lexington and Third Avenues, on a quiet street with high ceilings that provides you with a private retreat from the hustle-bustle of living on the Upper East Side. See floor plan and full details here.
From the Listing: 100 Suffolk Street, Apartment 4D between Rivington and Delancey Street. Apartment Details:Turn Key Sponsor Unit with High Ceilings and Great Natural Light! King Size Bedroom with West Facing Windows and Large Double Door Closet with Overhead Storage See floor plan and full details here.
From the Listing: Sponsor apartments (with no Board approval required) rarely come up at 66 Madison Avenue. Be the first to live in this just finished, completely and stylishly renovated 1-bedroom home. The entry foyer leads to a living/dining room featuring a charming bay window with airy, breezy north and south exposures. The windowed gourmet kitchen is open to the dining area and has top-of-the-line appliances. The sleek and renovated bathroom has a window as well.
See floor plan and full details here.
From the Listing: Sponsor Unit, no board approval required at The Manor. This 2 bedroom apartment has been entirely gut renovated. As you enter the apartment you are greeted by the spacious living room and separate kitchen area to the right. There are brand new white oak hardwood floors throughout the space. The windowed kitchen contains a full-sized stainless steel refrigerator, oven, dishwasher, new white cabinets, Caesarstone countertops and is topped off with a herringbone subway tile backsplash. See floor plan and full details here.
From the Listing: Fully renovated sponsor sale, two bedroom, two bathroom with in-unit washer/dryer. No board approval needed. See floor plan and full details here.
From the Listing: SPONSOR UNIT! Newly renovated 2Bed/2Bath with Home Office at the Park Royal! This beautiful park block apartment is perched on the 2nd floor above the timeless, grand lobby with quintessential treetop and architectural views outside and open floor plan living inside. The impeccable, recently completed renovation includes brand new White Oak floors, 9' beamed ceilings, updated plumbing and lighting, brand new in-unit washer/dryer, and south-facing windows allowing sunlight from morning to eve. See floor plan and full details here.
(Warburg)
From the Listing: Highly desirable, spacious, and airy, this sunny corner 3-bedroom, 3-bathroom condop (no board approval required) with north, south and west exposures and a private balcony wonderfully located just off sophisticated Sutton Place. The dramatic entry hall leads to an expansive and sun-drenched living and dining room with city views and an oversized balcony that is also accessible from the primary bedroom. The windowed kitchen, with a pass-thru to the dining area, was renovated to maximize storage and counter space and features custom cabinetry, granite countertops, and stainless-steel appliances. See floor plan and full details here.
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?
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