RE SALESPERSON - Compass
1600 Broadway, Theater District, New York, NY 10019
7th Ave & 49th St At Sw Corner (Downtown Only)
0.03 miles away
742 7 Avenue (Downtown Only)
0.04 miles away
729 7 Avenue (Uptown Only)
0.05 miles away
7th Ave & 49th St At Ne Corner (Uptown Only)
0.06 miles away
1600 Broadway, Apt 20-E, New York, NY 10019 Affordability
Are you planning on getting a mortgage for this Theater District 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 $112,500 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 1600 Broadway is selling for $1,125,000 you’ll be hit with a tax for $11,250.
Closing costs seem too high? You can mitigate them and earn up to a $22,500 commission rebate when you purchase this one-bedroom Condo at 1600 Broadway, Apt 20-E.
This 668 sqft one-bedroom condo in Theater District is brought to you by Diane, a licensed salesperson with Compass. To schedule a private showing or to get more information on 1600 Broadway, Apt 20-E you can reach Diane at +19174050122.