RE SALESPERSON - MNS
Manhattan, New York
Affordability and Closing Costs for 15 Jay Street, Apt 3
15 Jay Street is a two-bedroom TriBeCa Co-op that is selling for $4,195,000. Purchasing a NYC co-op can be a tricky proposition which can involve high closing costs and lots of money down. Generally speaking, you’ll be required to put down at least 20% or $209,750 for a property like this one. Luckily for you, Co-op closing costs are typically going to be quite a bit lower than those for condos, townhouses, or other types of real property.
As this apartment at 15 Jay Street is priced at $4,195,000 you’ll also need to pay a mansion tax of $62,925 if you purchase this co-op. NYC recently introduced a new progressive mansion tax, which applies to all properties that sell above $1 million. For homes selling between $1 and 1.99 Million the rate is only 1%, but that goes up to 3.9% for properties that sell for more than $25 Million.
Are you interested in saving a boatload of money when you purchase 15 Jay Street, Apt 3? You can save up to $83,900 with a 2% buyer broker commission rebate when you find your home on PropertyClub.
This 1888 sqft two-bedroom co-op in TriBeCa is brought to you by Michael, a licensed salesperson with MNS. To schedule a private showing or to get more information on 15 Jay Street, Apt 3 you can reach Michael at +16465159595.