RE SALESPERSON - Brown Harris Stevens Residential Sales LLC
Upper West Side
Manhattan, New York
Affordability and Closing Costs for 1485 Fifth Avenue, Apt 7A
Are you planning on getting a mortgage for this Upper West Side 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 $172,500 down to purchase this three-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 1485 Fifth Avenue is selling for $1,725,000 you’ll be hit with a tax for $17,250.
Closing costs seem too high? You can mitigate them and earn up to a $34,500 commission rebate when you purchase this three-bedroom Condo at 1485 Fifth Avenue, Apt 7A.
This 1440 sqft three-bedroom condo in Upper West Side is brought to you by Andrew, a licensed salesperson with Brown Harris Stevens Residential Sales LLC. To schedule a private showing or to get more information on 1485 Fifth Avenue, Apt 7A you can reach Andrew at +12123965883.