RE SALESPERSON - Avenue Sothebys International Realty
40 Huntington Street, Red Hook, New York, NY 11231
Smith St & 9th St At Ne Corner
0.43 miles away
Smith St & 2nd St At Nw Corner
0.5 miles away
Smith St & 2nd St At Se Corner
0.52 miles away
Smith St & President St At Se Corner
0.6 miles away
40 Huntington Street, Apt 3D, Brooklyn, NY 11231 Affordability
Are you planning on getting a mortgage for this Red Hook Condo? In Brooklyn, 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 $106,900 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 40 Huntington Street is selling for $1,069,000 you’ll be hit with a tax for $10,690.
Remember that if you’re purchasing a Condo in a new development or a sponsor unit, you’ll likely be responsible for paying some of the sellers closing costs.
Closing costs seem too high? You can mitigate them and earn up to a $21,380 commission rebate when you purchase this two-bedroom Condo at 40 Huntington Street, Apt 3D.
This 1185 sqft two-bedroom condo in Red Hook is brought to you by Jose, a licensed salesperson with Avenue Sothebys International Realty. To schedule a private showing or to get more information on 40 Huntington Street, Apt 3D you can reach Jose at +15166505339.