[thebean11]

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.

[citiguy]

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

[dman]

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