4 beds
5 baths
Co-op
Location
983 Park Avenue, Upper East Side, New York, NY 10028
Nearby Transit
Lexington Ave & 86th St At Sw Corner (Downtown Only)
0.14 miles away
Lexington Ave & 86th St At Se Corner (Uptown Only)
0.15 miles away
Lexington Ave & 86th St At Nw Corner (Downtown Only)
0.16 miles away
125 East 86 Street (Downtown Only)
0.16 miles away
983 Park Avenue, Apt 5C, New York, NY 10028 Affordability
983 Park Avenue is a four-bedroom Upper East Side Co-op that is selling for $5,995,000.Buying a coop in NYC 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 $299,750 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 983 Park Avenue is priced at $5,995,000 you’ll also need to pay a mansion tax of $134,887 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 983 Park Avenue, Apt 5C? You can save up to $119,900 with a 2% buyer broker commission rebate when you find your home on PropertyClub.
This four-bedroom co-op in Upper East Side is brought to you by Rebecca, a licensed salesperson with Warburg Realty Partnership, Ltd.. To schedule a private showing or to get more information on 983 Park Avenue, Apt 5C you can reach Rebecca at +19176671030.