RE SALESPERSON - Level Group
Manhattan, New York
Affordability and Closing Costs for 400 East 56th Street, Apt 16A
Are you planning on getting a mortgage for this Sutton Place Co-op apartment? Most co-ops require a minimum down payment of 20%, but some might even require you to put down 50% of the purchase price of more. If you’re putting 20% down on this $495,000 one-bedroom home that will end up coming to $24,750.
Closing costs are notoriously high in NYC, but at least you’ll avoid the dreaded mortgage recording tax which doesn’t apply to apartments in cooperative buildings. Coop closing costs are significantly lower due to this.
Are you interested in purchasing 400 East 56th Street, Apt 16A and saving yourself a lot of money? Learn how a buyer commission rebate can save you up to $4,850.
Located at 400 East 56th Street, Apt 16A, in Sutton Place, this 585 sqft one-bedroom home is listed by Geraldine Onorato, a real estate agent with Level Group. If you have questions about this co-op listing you can contact Geraldine at +19172823737.