RE SALESPERSON - Compass
Manhattan, New York
8th Ave & 51st St At Ne Corner (Uptown Only)
0.08 miles away
8th Ave & 50th St At Nw Corner (Downtown Only)
0.1 miles away
815 8 Avenue (Downtown Only)
0.11 miles away
8th Ave & 50th St At Ne Corner (Uptown Only)
0.12 miles away
Affordability and Closing Costs for 318 West 52nd Street, Apt PH-B
Are you planning on getting a mortgage for this Hell's Kitchen 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 $220,000 down to purchase this two-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 318 West 52nd Street is selling for $2,200,000 you’ll be hit with a tax for $27,500.
Closing costs seem too high? You can mitigate them and earn up to a $44,000 commission rebate when you purchase this two-bedroom Condo at 318 West 52nd Street, Apt PH-B.
This 1071 sqft two-bedroom condo in Hell's Kitchen is brought to you by Greg, a licensed salesperson with Compass. To schedule a private showing or to get more information on 318 West 52nd Street, Apt PH-B you can reach Greg at +19172324458.