I don’t come across many buyers looking to buy a co-op but there are a few on the market. In this post, I reference Bankrate’s “Condo or Co-Op? What’s the difference?” for the comparison.
Both condos and co-ops are considered “common interest developments.” A common interest development is a housing development in which their are individual ownership of units with the right to use/share common space.
In a…

Condo, “each unit owner owns an individual apartment in fee simple. In addition, the buyer owns an undivided interest in the common elements such …