1 bed
1 bath
1000 sqft
Condo
Michael Graves
RE SALESPERSON - Compass
Location
260 Park Avenue South, Flatiron, New York, NY 10010
Nearby Transit
280 Park Avenue South (Downtown Only)
0.06 miles away
47 East 22 Street (Downtown Only)
0.07 miles away
Park Ave & 22nd St At Ne Corner (Uptown Only)
0.08 miles away
Park Ave & 23rd St At Sw Corner (Downtown Only)
0.11 miles away
260 Park Avenue South, Apt 9-K, New York, NY 10010 Affordability
Are you planning on getting a mortgage for this Flatiron 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 $250,000 down to purchase this one-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 260 Park Avenue South is selling for $2,500,000 you’ll be hit with a tax for $31,250.
Closing costs seem too high? You can mitigate them and earn up to a $50,000 commission rebate when you purchase this one-bedroom Condo at 260 Park Avenue South, Apt 9-K.
This 1000 sqft one-bedroom condo in Flatiron is brought to you by Michael, a licensed salesperson with Compass. To schedule a private showing or to get more information on 260 Park Avenue South, Apt 9-K you can reach Michael at +12129322222.