Full Gut Renovation Cost in NYC: 2026 Guide

Minimalist wooden dresser in home

A full gut renovation is one of the most extensive types of home improvement projects. Stripping a condo or townhouse down to its structural elements and rebuilding it from the ground up allows you to replace outdated systems, upgrade layouts, and install finishes tailored to your needs. Whether updating an older condo or customizing a newly purchased apartment, understanding costs, timelines, and project scope is critical for planning and avoiding surprises.

Table of Contents

  1. What is a Full Gut Renovation?

  2. When to Choose a Gut Renovation

  3. Cost Breakdown of a Full Gut Renovation

  4. Key Factors Influencing Costs

  5. Total Budget Considerations

  6. Gut vs. Non-Gut Renovation Cost Comparison

  7. Budgeting for a Full Gut Renovation in NYC

  8. Typical NYC Timeline for a Full Gut Renovation

  9. Choosing the Right Partner

  10. Frequently Asked Questions

What Is a Full Gut Renovation?

A full gut renovation removes all interior finishes and systems, leaving the property at its structural core. Work typically includes:

  • Demolition of walls, flooring, cabinetry, and fixtures

  • Replacement of plumbing, electrical, and HVAC systems

  • Structural modifications, layout changes, and framing updates

  • New finishes, cabinetry, and fixtures

This differs from a cosmetic (non-gut) renovation, which updates surface-level elements without touching major systems. For more information on what to expect, see our complete guide to gut renovations.

When to Choose a Gut Renovation

You should consider a gut renovation when:

  • Updating older infrastructure or outdated layouts

  • Planning long-term occupancy

  • Seeking maximum resale value

  • Addressing hidden issues in pre-war buildings

Full Gut Renovation Cost in NYC

Full gut renovation cost per square foot:

  • Mid-range projects: $400–$600 per sq. ft.

  • High-end projects: $600–$800+ per sq. ft.

  • Costs vary based on building type, location, complexity, and finish level.

For example, a 1,500 sq. ft. condo may range from $600,000 to $1,200,000 depending on scope and finishes.

Key Factors Influencing Renovation Costs

  1. Size & Age of Property: Larger and older condos require more materials, labor, and permits.

  2. Structural Changes: Moving walls, reworking plumbing or electrical systems, or installing new HVAC increases costs.

  3. Location: Manhattan and Brooklyn projects typically cost more due to labor, logistics, and building regulations.

  4. Material Quality: High-end finishes and custom cabinetry increase investment; mid-range materials help manage costs.

Total Budget Considerations

Key components of a gut renovation budget:

Full Gut Renovation - Total Budget Considerations.png

Gut Renovation vs. Cosmetic Renovation

Full gut renovations are usually the better choice when existing systems are outdated, layouts are inefficient, or you plan to stay long-term. Cosmetic updates are suitable for minor updates or short-term investments.

Gut Renovation vs. Cosmetic Renovation.png

Budgeting for a Full Gut Renovation in NYC

  • Step 1: Define Your Goals: Determine priorities such as additional storage, layout changes, or upgraded kitchens and bathrooms.

  • Step 2: Factor in Professional Fees & Permits: Include architects, engineers, designers, and permit costs in your budget.

  • Step 4: Adjust for NYC-specific Costs:

    • Higher labor rates

    • Logistical challenges for deliveries and construction access

    • Co-op or condo board approvals and fees

If you don’t know local pricing, use square footage estimates and trade-level cost breakdowns. For help creating a detailed, realistic budget, see our NYC Home Renovation Guide

Typical NYC Timeline for a Full Gut Renovation

A gut renovation usually takes 16–24 weeks, depending on unit size, scope, and approvals. The timeline can be broken down as follows:

  1. Planning & Permits: 4–6 months

  2. Demolition: 1–2 weeks

  3. Rough-In (Plumbing, Electrical, HVAC): 4–8 weeks

  4. Framing & Drywall: 2–4 weeks

  5. Finishes (Cabinetry, Flooring, Fixtures): 6–12 weeks

  6. Punch List & Inspection: 2–4 weeks

Hiring an experienced New York City design-build firm can help keep projects on schedule.

Bookshelf in NYC apartment

Choosing the Right Partner

When choosing a partner for your full gut renovation project, follow these key steps:

  1. Vet Experience: Review portfolios, references, and past gut renovation projects.

  2. Check Licensing & Insurance: Confirm all local coverage and permits.

  3. Set a Detailed Contract: Include scope of work, timeline, cost breakdown, payment schedule, and contingency clauses.

  4. Prioritize Communication: Clear expectations reduce delays and misunderstandings.

Ready to plan your NYC gut renovation?

A full gut renovation is complex, but with the right team, it’s entirely manageable. Contact Mammoth today to discuss your project, get a realistic budget estimate, and see how our design-build approach can keep your renovation on time and on track. Or, get inspired with examples of completed gut renovation projects in our portfolio.

Frequently Asked Questions

Is a Full Gut Renovation Worth It in NYC?

Yes, if you have the budget and timeline. Benefits include:

  • Updated infrastructure that reduces future maintenance

  • Fully customized layouts for long-term livability

  • Potentially higher resale value or rental income

How should I set a budget for a gut renovation if I don’t know local pricing?

Estimate costs per square foot, include trade-specific costs, and add a 10–20% contingency. Factor in professional fees, design fees, permitting, asbestos testing, and NYC logistics.

Can I live in my home during a full gut renovation?

Due to disruption, temporary accommodations are usually necessary.

What is a sample scope of work for a full apartment renovation?

A 2-bedroom NYC condo gut renovation may include:

  • Demolition of finishes and removal of debris

  • Complete plumbing, electrical, and HVAC upgrades

  • Kitchen and bathroom rebuilds with new fixtures

  • Wall, ceiling, and flooring installation

  • Custom millwork and cabinetry

  • Lighting, hardware, and final detailing

How do I choose the right contractor for a gut renovation?

Check experience, licenses, and references. Use a clear contract and consider a design-build approach for efficiency.

Are there NYC-specific rules or permits for gut renovations?

Yes. Co-op/condo approvals and NYC Department of Buildings permits are required for major electrical, plumbing, and structural work—and can be very challenging to acquire if the building is granted landmark status. Asbestos testing is also required in NYC before submitting a DOB application.

What unexpected issues are common in NYC gut renovations?

Hidden problems such as asbestos, outdated cloth wiring, insufficient electrical service, or structural deficiencies.

How can I manage a gut renovation timeline in NYC?

Plan for permit approvals, restricted work hours, and delivery logistics. A design-build team helps keep the project on schedule.

What should I include in the scope of work for a full gut renovation?

Include demolition, structural, MEP systems, cabinetry, plumbing, electrical, flooring, finishes, and inspections. Clear documentation keeps the project on budget and schedule.

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