RE SALESPERSON - Compass
120 Cabrini Boulevard, Washington Heights, New York, NY 10033
Fort Washington Ave & 181st St At Sw Corner
0.13 miles away
Fort Washington Ave & 181st St At Se Corner
0.15 miles away
Fort Washington Ave & 185th St At Se Corner
0.15 miles away
Fort Washington Ave & 177th St At Nw Corner
0.29 miles away
120 Cabrini Boulevard, Apt 41, New York, NY 10033 Affordability
Are you planning on getting a mortgage for this Washington Heights 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 $1,435,000 two-bedroom home that will end up coming to $71,750.
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.
You’ll also be on the hook for the new progressive New York City mansion tax, which applies to every NYC property that sells for $1 million or more. Rates start at 1% for $1-1.99 Million properties and go up 3.9% for properties priced above $25 Million. You can expect to pay a mansion tax of $14,350 if you purchase this Co-op at 120 Cabrini Boulevard, Apt 41.
Are you interested in purchasing 120 Cabrini Boulevard, Apt 41 and saving yourself a lot of money? Learn how a buyer commission rebate can save you up to $28,700.
Located at 120 Cabrini Boulevard, Apt 41, in Washington Heights, this two-bedroom home is listed by David Delaney, a real estate agent with Compass. If you have questions about this co-op listing you can contact David at +19172029579.