RE SALESPERSON - The Corcoran Group
445 Lafayette Street, Noho, New York, NY 10003
Lafayette St & Astor Pl At Nw Corner (Downtown Only)
0.03 miles away
4th Ave & East 8th St At Ne Corner (Uptown Only)
0.04 miles away
Broadway & 8th St At Se Corner (Uptown Only)
0.08 miles away
Broadway & 8th St At Ne Corner (Uptown Only)
0.09 miles away
445 Lafayette Street, Apt 15A, New York, NY 10003 Affordability
Are you planning on getting a mortgage for this Noho Co-op apartment? Most co-ops require a minimum down payment of 20%, but some might even require you to put down 50% of the purchase price of more. If you’re putting 20% down on this $3,350,000 three-bedroom home that will end up coming to $167,500.
Closing costs are notoriously high in NYC, but at least you’ll avoid the dreaded mortgage recording tax which doesn’t apply to apartments in cooperative buildings. Coop closing costs are significantly lower due to this.
You’ll also be on the hook for the new progressive New York City mansion tax, which applies to every NYC property that sells for $1 million or more. Rates start at 1% for $1-1.99 Million properties and go up 3.9% for properties priced above $25 Million. You can expect to pay a mansion tax of $50,250 if you purchase this Co-op at 445 Lafayette Street, Apt 15A.
Are you interested in purchasing 445 Lafayette Street, Apt 15A and saving yourself a lot of money? Learn how a buyer commission rebate can save you up to $67,000.
Located at 445 Lafayette Street, Apt 15A, in Noho, this three-bedroom home is listed by Melissa Sargeantson, a real estate agent with The Corcoran Group. If you have questions about this co-op listing you can contact Melissa at +12039457297.