RE SALESPERSON - Sotheby's International Realty, Inc.
Manhattan, New York
Affordability and Closing Costs for 45 East 66th Street, Apt 7W
45 East 66th Street is a four-bedroom Lenox Hill Co-op that is selling for $4,950,000. Purchasing a NYC co-op can be a tricky proposition which can involve high closing costs and lots of money down. Generally speaking, you’ll be required to put down at least 20% or $247,500 for a property like this one. Luckily for you, Co-op closing costs are typically going to be quite a bit lower than those for condos, townhouses, or other types of real property.
As this apartment at 45 East 66th Street is priced at $4,950,000 you’ll also need to pay a mansion tax of $74,250 if you purchase this co-op. NYC recently introduced a new progressive mansion tax, which applies to all properties that sell above $1 million. For homes selling between $1 and 1.99 Million the rate is only 1%, but that goes up to 3.9% for properties that sell for more than $25 Million.
Are you interested in saving a boatload of money when you purchase 45 East 66th Street, Apt 7W? You can save up to $99,000 with a 2% buyer broker commission rebate when you find your home on PropertyClub.
This 2775 sqft four-bedroom co-op in Lenox Hill is brought to you by Randall, a licensed salesperson with Sotheby's International Realty, Inc.. To schedule a private showing or to get more information on 45 East 66th Street, Apt 7W you can reach Randall at +19178216930.