RE SALESPERSON - Compass
Manhattan, New York
Affordability and Closing Costs for 203 Lafayette Street, Apt 5-C
Are you planning on getting a mortgage for this SoHo 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 $399,999.9 down to purchase this one-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 203 Lafayette Street is selling for $3,999,999 you’ll be hit with a tax for $59,999.
Closing costs seem too high? You can mitigate them and earn up to a $79,999 commission rebate when you purchase this one-bedroom Condo at 203 Lafayette Street, Apt 5-C.
This 2692 sqft one-bedroom condo in SoHo is brought to you by Arielle, a licensed salesperson with Compass. To schedule a private showing or to get more information on 203 Lafayette Street, Apt 5-C you can reach Arielle at +18456560850.