RE SALESPERSON - Ann Weintraub Ltd
39 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
39 Fifth Avenue, Apt 4C, New York, NY 10003 Affordability
Are you planning on getting a mortgage for this Upper West Side 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 $1,750,000 one-bedroom home that will end up coming to $87,500.
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.
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 $17,500 if you purchase this Co-op at 39 Fifth Avenue, Apt 4C.
Are you interested in purchasing 39 Fifth Avenue, Apt 4C and saving yourself a lot of money? Learn how a buyer commission rebate can save you up to $35,000.
Located at 39 Fifth Avenue, Apt 4C, in Upper West Side, this one-bedroom home is listed by Ann Weintraub, a real estate agent with Ann Weintraub Ltd. If you have questions about this co-op listing you can contact Ann at +19178608219.