2 beds
3 baths
1604 sqft
Condo
25 Park Row
RE SALESPERSON - The Corcoran Group
Location
25 Park Row, Financial District, New York, NY 10038
Nearby Transit
2 Ann Street
0.07 miles away
Fulton St & Nassau St At Nw Corner
0.08 miles away
Fulton St & Nassau St At Ne Corner
0.09 miles away
204 Broadway
0.09 miles away
25 Park Row, Apt 16A, New York, NY 10038 Affordability
Are you planning on getting a mortgage for this Financial District 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 $290,000 down to purchase this two-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 25 Park Row is selling for $2,900,000 you’ll be hit with a tax for $36,250.
Closing costs seem too high? You can mitigate them and earn up to a $58,000 commission rebate when you purchase this two-bedroom Condo at 25 Park Row, Apt 16A.
This 1604 sqft two-bedroom condo in Financial District is brought to you by 25 Park, a licensed salesperson with The Corcoran Group. To schedule a private showing or to get more information on 25 Park Row, Apt 16A you can reach 25 Park at +16469334625.