2 beds
2 baths
1190 sqft
Condo
Location
385 First Avenue, Gramercy, New York, NY 10010
Nearby Transit
1st Ave & 14th St At Ne Corner (To 8 Av Only)
0.39 miles away
1st Ave & 14th St At Se Corner (To Brooklyn Only)
0.43 miles away
Park Ave & 23rd St At Ne Corner (Uptown Only)
0.44 miles away
Park Ave & 22nd St At Ne Corner (Uptown Only)
0.44 miles away
385 First Avenue, Apt 12B, New York, NY 10010 Affordability
The typical down payment for a Condo in New York City is generally 10-20% so you should expect to put a minimum of $150,000 down at closing if you’re interested in purchasing this two-bedroom Gramercy Condo.
If you’re planning on getting a mortgage you’ll also have to pay a mortgage recording tax of 1.8% to 1.925% of the 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 385 First Avenue is selling for $1,500,000 you’ll be hit with a tax for $15,000.
Are you interested in making an offer on 385 First Avenue, Apt 12B? Learn more about how you can mitigate your closing costs and earn up to a $30,000 buyer rebate when you purchase this property.
Located at 385 First Avenue, Apt 12B, in Gramercy, this 1190 sqft two-bedroom home is listed by CODA Sales Office, a real estate agent with The Corcoran Group. If you have questions about this condo listing you can contact CODA at +12123233285.