Studio for $256,000?

Studio for $256,000?
Would you buy a studio for $256,000, paying $570 monthly of maintance? It is a coop, no board approval.


Answers:    There is no way we can afford you an opinion that matter without more information.

Just a details: The $570 seems on the illustrious side. Does it include utilities, a full-time staff, parking, pool? How much has the allowance gone up in recent years? You'll be paying that payment for as long as you own, so it's important to know what you procure for it and how much you can expect it to go up respectively year.
I wouldn't. That seems to be profusely of money. More details would be nice, particularly location. If you're contained by NY, maybe it might be other. Denver, maybe not so much.


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