RE SALESPERSON - The Corcoran Group
211 Schermerhorn Street, Downtown Brooklyn, New York, NY 11201
35 Hoyt Street
0.03 miles away
36 Bond Street
0.07 miles away
Elm Pl & Fulton St At Sw Corner (To New Lots And Flatbush Only)
0.1 miles away
Hoyt St & Fulton St At Sw Corner (To New Lots And Flatbush Only)
0.1 miles away
211 Schermerhorn Street, Apt 7A, Brooklyn, NY 11201 Affordability
The typical down payment for a Condo in New York City is generally 10-20% so you should expect to put a minimum of $152,000 down at closing if you’re interested in purchasing this two-bedroom Downtown Brooklyn Condo.
If you’re planning on getting a mortgage you’ll also have to pay a mortgage recording tax of 1.8% to 1.925% of the 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 211 Schermerhorn Street is selling for $1,520,000 you’ll be hit with a tax for $15,200.
Remember that if you purchase in a new development you’ll likely have significantly higher closing costs.
Are you interested in making an offer on 211 Schermerhorn Street, Apt 7A? Learn more about how you can mitigate your closing costs and earn up to a $30,400 buyer rebate when you purchase this property.
Located at 211 Schermerhorn Street, Apt 7A, in Downtown Brooklyn, this 1168 sqft two-bedroom home is listed by Deborah Rieders, a real estate agent with The Corcoran Group. If you have questions about this condo listing you can contact Deborah at +19174942503.