RE SALESPERSON - Compass
Manhattan, New York
Affordability and Closing Costs for 360 East 88th Street, Apt 26-D
Are you planning on getting a mortgage for this Yorkville Condo? In Manhattan, 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 $197,500 down to purchase this two-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 360 East 88th Street is selling for $1,975,000 you’ll be hit with a tax for $19,750.
Closing costs seem too high? You can mitigate them and earn up to a $39,500 commission rebate when you purchase this two-bedroom Condo at 360 East 88th Street, Apt 26-D.
This two-bedroom condo in Yorkville is brought to you by Seema, a licensed salesperson with Compass. To schedule a private showing or to get more information on 360 East 88th Street, Apt 26-D you can reach Seema at +19173717464.