REBNY Financial Statement Template Guide for NYC Co-op Buyers
The REBNY financial statement is one of the most closely reviewed documents in many NYC co-op applications. This guide explains how to organize the figures, reconcile them to supporting statements, and prepare a clear submission—especially if you are buying without an agent.
REBNY Financial Statement Template Guide for NYC Co-op Buyers
Use the Current Building-Approved Form
Ask the listing agent, managing agent, or building application portal for the current financial statement required for your transaction. Some buildings use a REBNY-style form while others use a customized version. Always complete the exact form supplied for the application rather than relying on an older copy.
Download the Blank REBNY Financial Statement (PDF)
Use this blank template alongside the building’s current application instructions. Confirm the required form with your managing agent and use a secure sharing method for completed financial documents.
What the Financial Statement Usually Covers
Assets
List checking and savings accounts, brokerage and retirement accounts, real estate equity, business interests, and other assets requested by the form. Use values that can be supported by current statements and follow the form’s instructions for jointly held assets.
Liabilities
Include mortgages, student loans, auto loans, credit-card balances, personal loans, tax obligations, and other debts. Make sure balances and monthly payments are consistent with the supporting documents and credit information supplied elsewhere in the package.
Income and Expenses
Report salary, bonus, self-employment income, investment income, rental income, and other requested sources using the form’s definitions. List recurring obligations carefully, including housing costs, debt payments, support obligations, and any other required expenses.
How to Reconcile the Statement
Use one consistent “as of” date where possible.
Match every material figure to a bank, brokerage, retirement, loan, or mortgage statement.
Explain legitimate differences caused by timing, pending transfers, or market movement.
Do not double-count jointly held assets or include gross real-estate value where the form requests equity.
Check that totals, subtotals, net worth, and monthly cash flow calculate correctly.
Use the same employment, income, and housing information across the application, CPA letter, lender documents, and financial statement.
Supporting Documents Checklist
Recent bank and brokerage statements with all pages included.
Retirement account statements.
Federal and state tax returns requested by the building.
Employment letter, pay stubs, W-2s, 1099s, or K-1s as applicable.
Mortgage and loan statements.
Contract of sale and lender commitment or proof of funds, when requested.
Explanatory letter for any unusual, large, or recent transaction that the board instructions require you to document.
Common REBNY Financial Statement Errors
Common problems include missing account pages, inconsistent dates, incorrect totals, unsupported round numbers, omitted liabilities, double-counted assets, and figures that do not match the rest of the package. A polished statement is complete, internally consistent, and easy for management to verify.
More NYC Co-op Buyer Resources
Return to the NYC Co-op Buyer Resources hub, or review the personal reference letter sample, professional reference letter sample, CPA letter sample, and co-op cover letter sample.
Need Help Reviewing the Numbers?
The Complete Package NYC helps buyers and agents organize financial documents, identify inconsistencies, and prepare a polished board package. Book a free consultation.
This guide is educational and is not legal, tax, accounting, lending, or financial advice. Use the current form and instructions issued for your building, and consult the appropriate licensed professionals.