RE SALESPERSON - Compass
Brooklyn, New York
Affordability and Closing Costs for 31 Belvedere Street, Apt 1
Are you planning on getting a mortgage for this Bushwick Condo? In Brooklyn, 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 $199,000 down to purchase this three-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 31 Belvedere Street is selling for $1,990,000 you’ll be hit with a tax for $19,900.
Closing costs seem too high? You can mitigate them and earn up to a $39,800 commission rebate when you purchase this three-bedroom Condo at 31 Belvedere Street, Apt 1.
This 3291 sqft three-bedroom condo in Bushwick is brought to you by Nathan, a licensed salesperson with Compass. To schedule a private showing or to get more information on 31 Belvedere Street, Apt 1 you can reach Nathan at +17062555657.