RE SALESPERSON - Compass
Manhattan, New York
Affordability and Closing Costs for 59 John Street, Apt 8-E
The typical down payment for a Condo in New York City is generally 10-20% so you should expect to put a minimum of $114,900 down at closing if you’re interested in purchasing this one-bedroom Financial District Condo.
If you’re planning on getting a mortgage you’ll also have to pay a mortgage recording tax of 1.8% to 1.925% of the 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 59 John Street is selling for $1,149,000 you’ll be hit with a tax for $11,490.
Are you interested in making an offer on 59 John Street, Apt 8-E? Learn more about how you can mitigate your closing costs and earn up to a $22,980 buyer rebate when you purchase this property.
Located at 59 John Street, Apt 8-E, in Financial District, this 956 sqft one-bedroom home is listed by Susie Park, a real estate agent with Compass. If you have questions about this condo listing you can contact Susie at +19175777838.