RE SALESPERSON - Sotheby's International Realty, Inc.
575 Sixth Avenue, Chelsea, New York, NY 10011
6th Ave & 16th St At Nw Corner
0.01 miles away
6th Ave & 16th St At Sw Corner
0.02 miles away
6th Ave & 16th St At Ne Corner
0.03 miles away
6th Ave & 16th St At Se Corner
0.03 miles away
575 Sixth Avenue, Apt 5B, New York, NY 10011 Affordability
575 Sixth Avenue is a one-bedroom Chelsea Co-op that is selling for $1,095,000. 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 $54,750 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 575 Sixth Avenue is priced at $1,095,000 you’ll also need to pay a mansion tax of $10,950 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 575 Sixth Avenue, Apt 5B? You can save up to $21,900 with a 2% buyer broker commission rebate when you find your home on PropertyClub.
This one-bedroom co-op in Chelsea is brought to you by Jonathan, a licensed salesperson with Sotheby's International Realty, Inc.. To schedule a private showing or to get more information on 575 Sixth Avenue, Apt 5B you can reach Jonathan at +13058018221.