RE SALESPERSON - The Corcoran Group
Brooklyn, New York
Affordability and Closing Costs for 68 Grove Street, Apt 1L
Are you planning on getting a mortgage for this Bushwick Condo? In Brooklyn, 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 $144,500 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 68 Grove Street is selling for $1,445,000 you’ll be hit with a tax for $14,450.
Closing costs seem too high? You can mitigate them and earn up to a $28,900 commission rebate when you purchase this two-bedroom Condo at 68 Grove Street, Apt 1L.
This 1897 sqft two-bedroom condo in Bushwick is brought to you by Tom, a licensed salesperson with The Corcoran Group. To schedule a private showing or to get more information on 68 Grove Street, Apt 1L you can reach Tom at +17184222524.