180E88 Sales Gallery
RE SALESPERSON - The Corcoran Group
Manhattan, New York
Affordability and Closing Costs for 180 East 88th Street, Apt 7A
The typical down payment for a Condo in New York City is generally 10-20% so you should expect to put a minimum of $370,000 down at closing if you’re interested in purchasing this two-bedroom Carnegie Hill Condo.
If you’re planning on getting a mortgage you’ll also have to pay a mortgage recording tax of 1.8% to 1.925% of the 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 180 East 88th Street is selling for $3,700,000 you’ll be hit with a tax for $55,500.
Remember that if you purchase in a new development you’ll likely have significantly higher closing costs.
Are you interested in making an offer on 180 East 88th Street, Apt 7A? Learn more about how you can mitigate your closing costs and earn up to a $74,000 buyer rebate when you purchase this property.
Located at 180 East 88th Street, Apt 7A, in Carnegie Hill, this 1730 sqft two-bedroom home is listed by 180E88 Sales Gallery, a real estate agent with The Corcoran Group. If you have questions about this condo listing you can contact 180E88 at +12122880188.