House Hacking in NYC

[Shawn Lin]

I recently just graduated from college and my full time job starts in a few months. I've been considering house hacking in Manhattan instead of paying rent since I see myself working there for the next 2-5 years. Knowing that Manhattan rent keeps increasing, I thought that house hacking would make more financial sense. Has anyone managed to house hack successfully in Manhattan? It seems like condo/coop are the only options in Manhattan for house hacking. I ran through some numbers and none of them make sense because the HOA fee/maintenance fee run up to 1K-2K... It seems like it would only work in the outer boroughs like the Bronx or maybe even Brooklyn but I would still prefer to live closer to my office which is in midtown. Any input would be appreciated! Thanks.