RE SALESPERSON - Compass
829 Park Avenue, Lenox Hill, New York, NY 10021
Lexington Ave & 77th St At Sw Corner (Downtown Only)
0.1 miles away
Lexington Ave & 77th St At Nw Corner (Downtown Only)
0.11 miles away
125 East 77 Street (Downtown Only)
0.11 miles away
Lexington Ave & 77th St At Se Corner (Uptown Only)
0.12 miles away
829 Park Avenue, Apt PH11/12AC, New York, NY 10021 Affordability
829 Park Avenue is a five-bedroom Lenox Hill Co-op that is selling for $9,250,000. 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 $462,500 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 829 Park Avenue is priced at $9,250,000 you’ll also need to pay a mansion tax of $208,125 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 829 Park Avenue, Apt PH11/12AC? You can save up to $185,000 with a 2% buyer broker commission rebate when you find your home on PropertyClub.
This five-bedroom co-op in Lenox Hill is brought to you by Laurie, a licensed salesperson with Compass. To schedule a private showing or to get more information on 829 Park Avenue, Apt PH11/12AC you can reach Laurie at +19177971527.