Co-Ownership


Split the Deed | Gen Z’s Co-Ownership Revolution in NYC
NYC Real Estate Trend Report 2025

Split the Deed,
Not Your Dreams

Gen Z isn’t waiting for the “right time” to buy. They’re rewriting the rules with co-ownership—and leading NYC’s real estate revolution.

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The Numbers Don’t Lie

Gen Z is getting creative—and it’s working. Here’s what the 2025 data reveals about young buyers breaking into NYC’s toughest market.

22%
Bought with Siblings
of Gen Z homeowners in 2025
↑ from 4% in 2023
30%
Side Hustle Funded
took extra jobs for down payments
↑ from 24% in 2023
70%
Open to Co-Buying
would consider buying with friends/family
Leading all generations
56%
NYC Co-Buyers
of prospective NYC buyers planning to co-buy
StreetEasy 2025 data

Why Gen Z is choosing
co-ownership over waiting

💰

Split the Entry Barrier

NYC median home prices are up 74% in a decade. Co-buying cuts that massive down payment in half—or more. Two incomes, one mortgage, shared equity.

🏗️

Unlock Multi-Family

Duplexes, triplexes, townhouses with legal basement units. Co-ownership opens doors to properties that build wealth faster through rental income.

Time in Market > Timing

75% of buyers are waiting for “better conditions.” Gen Z isn’t. They’re building equity now while others pay rent and watch prices climb.

🤝

Community Built In

Living near family or friends isn’t settling—it’s strategic. Shared childcare, split utilities, built-in support systems. The village is back.

“I would not be a homeowner in 2024 had we not co-bought. Very big risk that we took but it felt good doing it with a partner. We mitigated a lot of risk.”

— Gilbert Nyantakyi, NYC co-owner at 26

NYC Neighborhoods Built for Co-Ownership

Multi-family inventory, reasonable entry points, and strong appreciation potential.

Ridgewood
Queens
2-Family Median $1.1M
Per-Unit Cost ~$550K
Best For House Hackers
Woodside
Queens
2-Family Median $1.2M
Per-Unit Cost ~$600K
Best For Transit Access
Crown Heights
Brooklyn
2-Family Median $1.4M
Per-Unit Cost ~$700K
Best For Appreciation
Bronx Neighborhoods
The Bronx
2-Family Median $650K-850K
Per-Unit Cost ~$325K-425K
Best For Entry Point

The Co-Buying Essentials

Co-ownership works when everyone’s aligned. Here’s what smart Gen Z buyers are locking down before they commit.

Ownership Structure

TIC vs. Joint Tenancy—decide how ownership transfers if someone exits or passes

Co-Ownership Agreement

Legal doc covering payment splits, exit strategies, dispute resolution, and buyout formulas

Exit Strategy

What happens if one party wants out? Lock in appraisal methods and timelines now

Credit Score Reality Check

All parties are on the hook. One person’s default hurts everyone’s credit

Tax + Legal Consult

Understand deduction splits, liability, and estate implications before closing

Ready to Buy
Together?

Co-ownership isn’t a compromise—it’s a strategy. Let’s find a property that works for you and your co-buyer, whether that’s a sibling, friend, or parent.

Let’s Talk Strategy

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