RE SALESPERSON - BOND New York
Manhattan, New York
Affordability and Closing Costs for 420 W 25th Street, Apt 1A
The typical down payment for a Condo in New York City is generally 10-20% so you should expect to put a minimum of $149,890 down at closing if you’re interested in purchasing this one-bedroom Chelsea 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 420 W 25th Street is selling for $1,498,900 you’ll be hit with a tax for $14,989.
Are you interested in making an offer on 420 W 25th Street, Apt 1A? Learn more about how you can mitigate your closing costs and earn up to a $29,978 buyer rebate when you purchase this property.
Located at 420 W 25th Street, Apt 1A, in Chelsea, this 1183 sqft one-bedroom home is listed by Regis Roumila, a real estate agent with BOND New York. If you have questions about this condo listing you can contact Regis at +16463257173.