RE SALESPERSON - The Corcoran Group
Manhattan, New York
Affordability and Closing Costs for 159 Madison Avenue, Apt 7G
Are you planning on getting a mortgage for this Midtown South Co-op apartment? Most co-ops require a minimum down payment of 20%, but some might even require you to put down 50% of the purchase price of more. If you’re putting 20% down on this $570,000 one-bedroom home that will end up coming to $28,500.
Closing costs are notoriously high in NYC, but at least you’ll avoid the dreaded mortgage recording tax which doesn’t apply to apartments in cooperative buildings. Coop closing costs are significantly lower due to this.
Are you interested in purchasing 159 Madison Avenue, Apt 7G and saving yourself a lot of money? Learn how a buyer commission rebate can save you up to $7,100.
Located at 159 Madison Avenue, Apt 7G, in Midtown South, this one-bedroom home is listed by Gloria Weber, a real estate agent with The Corcoran Group. If you have questions about this co-op listing you can contact Gloria at +12125394985.