RE SALESPERSON - The Corcoran Group
220 Central Park South, Central Park South, New York, NY 10019
Columbus Circle & 59th St At Se Corner
0.06 miles away
7th Ave & 57th St At Nw Corner
0.1 miles away
8th Ave & 58th St At Ne Corner
0.1 miles away
7th Ave & 57th St At Ne Corner
0.11 miles away
220 Central Park South, Apt 24A, New York, NY 10019 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 $1,500,000 down at closing if you’re interested in purchasing this two-bedroom Central Park South 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 220 Central Park South is selling for $15,000,000 you’ll be hit with a tax for $525,000.
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 220 Central Park South, Apt 24A? Learn more about how you can mitigate your closing costs and earn up to a $300,000 buyer rebate when you purchase this property.
Located at 220 Central Park South, Apt 24A, in Central Park South, this 2394 sqft two-bedroom home is listed by Deborah Kern, a real estate agent with The Corcoran Group. If you have questions about this condo listing you can contact Deborah at +19177101150.