RE SALESPERSON - Ann Weintraub Ltd
1 Fifth Avenue, Upper West Side, New York, NY 10003
Central Park West & 81st St At Nw Corner
0.07 miles away
Central Park West & 81st St At Sw Corner
0.09 miles away
Central Park West & 86th St At Sw Corner
0.17 miles away
180 Central Park West
0.18 miles away
1 Fifth Avenue, Apt 18CD, New York, NY 10003 Affordability
1 Fifth Avenue is a two-bedroom Upper West Side Co-op that is selling for $7,350,000. 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 $367,500 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 1 Fifth Avenue is priced at $7,350,000 you’ll also need to pay a mansion tax of $165,375 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 1 Fifth Avenue, Apt 18CD? You can save up to $147,000 with a 2% buyer broker commission rebate when you find your home on PropertyClub.
This two-bedroom co-op in Upper West Side is brought to you by Ann, a licensed salesperson with Ann Weintraub Ltd. To schedule a private showing or to get more information on 1 Fifth Avenue, Apt 18CD you can reach Ann at +19178608219.