25 Park Row
RE SALESPERSON - The Corcoran Group
Manhattan, New York
Affordability and Closing Costs for 25 Park Row, Apt 16C
Are you planning on getting a mortgage for this Financial District Condo? In Manhattan, 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 $445,500 down to purchase this three-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 25 Park Row is selling for $4,455,000 you’ll be hit with a tax for $66,825.
Closing costs seem too high? You can mitigate them and earn up to a $89,100 commission rebate when you purchase this three-bedroom Condo at 25 Park Row, Apt 16C.
This 2075 sqft three-bedroom condo in Financial District is brought to you by 25 Park, a licensed salesperson with The Corcoran Group. To schedule a private showing or to get more information on 25 Park Row, Apt 16C you can reach 25 Park at +16469334625.