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Can anyone share per-unit costs for water? The cost in our coop averages $1,000 per unit annually, and most of the units are small to medium size 1-bedroom apartments. This seems very high. Can others share costs, either per building by number of units or square feet, or per unit annual cost for comparison? Many thanks.
Join the Conversation Comments (2)Mark, Thank you for generously sharing this information, very much appreciated.
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Hi, we manage about 60 coop and condo properties, so I've pulled some data for you on a per unit basis, some in Manhattan, Brooklyn and Queens.
Building 1: $78,400 / 50 Units = $1,568 per unit
Building 2: $6,700 / 18 Units = $372.22 per unit (small apartments)
Building 3: $78,300 / 120 Units = $652.50 per unit
Building 4: $14,400 / 30 Units = $480 per unit
Building 5: $55,000 / 80 Units = $687.50 per unit
Building 6: $68,800 / 149 Units = $461.75 per unit
Building 7: $34,100 / 80 Units = $426.25 per unit
Building 8: $61,200 / 60 Units = $1,020 per unit
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