RE SALESPERSON - River 2 River Realty Inc
Upper West Side
Manhattan, New York
Affordability and Closing Costs for 635 West 42nd Street, Apt 16G
Are you planning on getting a mortgage for this Upper West Side Condo? In Manhattan, New York, you’ll be expected to put up a down payment ranging from 10% to 20% of the purchase price. That means that if you’re putting 10% down you’ll need to put $130,000 down to purchase this two-bedroom Condo
Don’t forget that NYC closing costs are notoriously high. The biggest fee is generally the mortgage recording tax which is equivalent to 1.8-1.925% of your loan.
You’ll also be responsible for paying the NYC mansion tax, which is applied to all properties above $1 million on a sliding scale. As this Condo at 635 West 42nd Street is selling for $1,300,000 you’ll be hit with a tax for $13,000.
Closing costs seem too high? You can mitigate them and earn up to a $26,000 commission rebate when you purchase this two-bedroom Condo at 635 West 42nd Street, Apt 16G.
This two-bedroom condo in Upper West Side is brought to you by Daniel, a licensed salesperson with River 2 River Realty Inc. To schedule a private showing or to get more information on 635 West 42nd Street, Apt 16G you can reach Daniel at +16464166846.