Coop Closings

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Are you buying or selling a coop apartment in New York? We can help. Our experienced coop closing lawyers assist buyers and sellers with the purchase or sale of cooperative apartments in the New York area. Our coop closing attorneys charge a flat fee of $750 from contract to closing for all coop transactions; the fee includes the services listed below.

FOR BUYERS OF COOPS

  • Review, negotiation and explanation of the contract of sale,
  • Review of the financial statements of the cooperative corporation to ensure that the corporation is in good financial condition,
  • For buyers that will be getting financing, review of the mortgage commitment and correspondence with the lending institution,
  • Negotiating & resolving any issues (including issues of repair, bed bugs, etc.) prior to closing,
  • Correspondence with the seller’s attorney, title company, managing agent, coop attorney and lending institution,
  • Preparation for closing, including reviewing the lien search to ensure there are no liens and judgments against the unit,
  • Representation at closing.

FOR SELLERS OF COOPS

  • Preparation, negotiation and explanation of the real estate contract,
  • Negotiating & resolving any issues (including issues of repair, bed bugs, etc.) prior to closing,
  • Correspondence with the buyer’s lender to ensure the buyer is complying with the bank requirements in order to facilitate the mortgage process.
  • Correspondence with the coop board, transfer agent, coop attorney and buyer’s attorney to ensure the buyer complies with the board application process.
  • Preparation for closing, including obtaining payoffs for any liens and judgments against the seller and/or the coop unit.
  • Representation at closing.

We now offer 24/7 online access to your file. Get instant updates and stay informed. Click here to read more.

Our coop closing lawyers have handled many coop closings in all areas of New York , including all 5 boroughs of NYC (Manhattan, Brooklyn, Queens, Bronx and Staten Island), Long Island (both Nassau and Suffolk county), Westchester county and upstate NY. Our real estate attorneys look forward to helping you. Call us today.

Please note that we also represent clients with respect to Coop Refinancing.

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Brooklyn Office°

2620 E. 18th Street, Suite 2
Brooklyn, NY 11235
(718) 989-9629

Manhattan Office*

222 Broadway, 19th Floor
New York, NY 10001
(212) 365-0934

Nassau Office*

67 Cutter Mill Road
Great Neck, NY 11021
(516) 558-0045

Bronx Office*

2010 Williamsbridge Rd.
Bronx, NY 10461
(347) 923-3880

Queens Office*

133-07 Cross Bay Blvd
Ozone Park, NY 11417
(718) 554-5652

Westchester Office*

199 Main Street, 4th Floor
White Plains, NY 10601
(914) 274-2045

Staten Island Office*

837 Father Capodanno Blvd
Staten Island, NY 10305
(718) 554-5687

Rockland – Orange – Putnam*

Rockland - Orange - Putnam
Please use Westchester Office
(914) 274-2045

Suffolk Office*

445 Broad Hollow Rd., Suite 25
Melville, NY 11747
(631) 306-0057

North Jersey Office*

411 Hackensack Avenue, 2nd Floor
Hackensack, NJ 07601
(732) 474-6410

Office Disclaimer

° Principal Office
* By Appointment Only
(shared office space)

Central Jersey Office*

317 George Street, 3rd Floor
New Brunswick, NJ 08901
(973) 528-0285