RE SALESPERSON - The Corcoran Group
Battery Park City
Manhattan, New York
Affordability and Closing Costs for 10 West Street, Apt 27A
Are you planning on getting a mortgage for this Battery Park City 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 $299,500 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 10 West Street is selling for $2,995,000 you’ll be hit with a tax for $37,437.
Closing costs seem too high? You can mitigate them and earn up to a $59,900 commission rebate when you purchase this two-bedroom Condo at 10 West Street, Apt 27A.
This 1525 sqft two-bedroom condo in Battery Park City is brought to you by Gabriel, a licensed salesperson with The Corcoran Group. To schedule a private showing or to get more information on 10 West Street, Apt 27A you can reach Gabriel at +19174175799.