Ginnala Professional Park (718) 815-6500

Dues & assessments

Association dues cover the shared costs of the park, and we account for every dollar.

Dues are set by the association budget and divided fairly among owners according to the governing documents. They cover maintenance, insurance, utilities for common areas and a reserve for larger future repairs.

Indicative dues
ItemTypicalNotes
Regular monthly dues$150 – $450 / moVaries by unit size and the annual budget.
Reserve contributionIncludedPart of dues, set aside for major repairs and replacements.
Special assessmentOnly if neededApproved by owners for significant unbudgeted work.
Actual dues are set each year in the association budget and shared with all owners. Figures here are indicative.

Owners can review the budget and reserve study at any time — transparency is the point of a well-run association.

Want a figure for your situation?

Tell us what you need and we will give you a clear, honest sense of the cost — with no obligation.