RE SALESPERSON - Home Residential
Manhattan, New York
Affordability and Closing Costs for 20 Pine Street, Apt 2606
The typical down payment for a Condo in New York City is generally 10-20% so you should expect to put a minimum of $125,000 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 20 Pine Street is selling for $1,250,000 you’ll be hit with a tax for $12,500.
Are you interested in making an offer on 20 Pine Street, Apt 2606? Learn more about how you can mitigate your closing costs and earn up to a $25,000 buyer rebate when you purchase this property.
Located at 20 Pine Street, Apt 2606, in Financial District, this 956 sqft one-bedroom home is listed by Sergei Perotine, a real estate agent with Home Residential. If you have questions about this condo listing you can contact Sergei at +16466621914.