RE SALESPERSON - The Corcoran Group
Brooklyn, New York
Affordability and Closing Costs for 334 22nd Street, Apt 4A
The typical down payment for a Condo in New York City is generally 10-20% so you should expect to put a minimum of $150,000 down at closing if you’re interested in purchasing this two-bedroom Greenwood Heights 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 334 22nd Street is selling for $1,500,000 you’ll be hit with a tax for $15,000.
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 334 22nd Street, Apt 4A? Learn more about how you can mitigate your closing costs and earn up to a $30,000 buyer rebate when you purchase this property.
Located at 334 22nd Street, Apt 4A, in Greenwood Heights, this 1342 sqft two-bedroom home is listed by Lesley Semmelhack, a real estate agent with The Corcoran Group. If you have questions about this condo listing you can contact Lesley at +19175860621.