4 beds
5 baths
4545 sqft
Condo
Location
20 West 53rd Street, Midtown Center, New York, NY 10019
Nearby Transit
656 5 Avenue
0.07 miles away
5th Ave & 53rd St At Se Corner
0.1 miles away
5th Ave & 53rd St At Ne Corner
0.1 miles away
1261 6 Avenue
0.15 miles away
20 West 53rd Street, Apt 43FLR, New York, NY 10019 Affordability
Are you planning on getting a mortgage for this Midtown Center 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 $1,999,500 down to purchase this four-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 20 West 53rd Street is selling for $19,995,000 you’ll be hit with a tax for $699,825.
Closing costs seem too high? You can mitigate them and earn up to a $399,900 commission rebate when you purchase this four-bedroom Condo at 20 West 53rd Street, Apt 43FLR.
This 4545 sqft four-bedroom condo in Midtown Center is brought to you by Richard, a licensed salesperson with The Corcoran Group. To schedule a private showing or to get more information on 20 West 53rd Street, Apt 43FLR you can reach Richard at +19179304210.