RE SALESPERSON - The Corcoran Group
Manhattan, New York
Affordability and Closing Costs for 380 Lenox Avenue, Apt PHG
The typical down payment for a Condo in New York City is generally 10-20% so you should expect to put a minimum of $187,500 down at closing if you’re interested in purchasing this three-bedroom Harlem 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 380 Lenox Avenue is selling for $1,875,000 you’ll be hit with a tax for $18,750.
Are you interested in making an offer on 380 Lenox Avenue, Apt PHG? Learn more about how you can mitigate your closing costs and earn up to a $37,500 buyer rebate when you purchase this property.
Located at 380 Lenox Avenue, Apt PHG, in Harlem, this 2116 sqft three-bedroom home is listed by Jessica Weitzman, a real estate agent with The Corcoran Group. If you have questions about this condo listing you can contact Jessica at +19176485049.