2 beds
2 baths
962 sqft
Condo
Location
111 Montgomery Street, Crown Heights, New York, NY 11225
Nearby Transit
Flatbush Ave & Empire Blvd At Sw Corner
0.28 miles away
Franklin Ave & Eastern Pkwy At Sw Corner
0.29 miles away
462 Flatbush Avenue
0.29 miles away
Franklin Ave & Eastern Pkwy At Se Corner
0.3 miles away
111 Montgomery Street, Apt 1-C, Brooklyn, NY 11225 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 $124,900 down at closing if you’re interested in purchasing this two-bedroom Crown Heights 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 111 Montgomery Street is selling for $1,249,000 you’ll be hit with a tax for $12,490.
Remember that if you purchase in a new development you’ll likely have significantly higher closing costs.
Are you interested in making an offer on 111 Montgomery Street, Apt 1-C? Learn more about how you can mitigate your closing costs and earn up to a $24,980 buyer rebate when you purchase this property.
Located at 111 Montgomery Street, Apt 1-C, in Crown Heights, this 962 sqft two-bedroom home is listed by Landis Hosterman, a real estate agent with Compass. If you have questions about this condo listing you can contact Landis at +19178167535.