2 beds
2 baths
1279 sqft
Condo
277 Fifth
RE SALESPERSON - The Corcoran Group
Location
277 Fifth Avenue, Nomad, New York, NY 10016
Nearby Transit
Broadway & 28th St At Ne Corner (Uptown Only)
0.12 miles away
Broadway & 28th St At Se Corner (Uptown Only)
0.12 miles away
Broadway & 28th St At Sw Corner (Downtown Only)
0.14 miles away
Broadway & 28th St At Nw Corner (Downtown Only)
0.14 miles away
277 Fifth Avenue, Apt 34B, New York, NY 10016 Affordability
Are you planning on getting a mortgage for this Nomad 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 $286,000 down to purchase this two-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 277 Fifth Avenue is selling for $2,860,000 you’ll be hit with a tax for $35,750.
Remember that if you’re purchasing a Condo in a new development or a sponsor unit, you’ll likely be responsible for paying some of the sellers closing costs.
Closing costs seem too high? You can mitigate them and earn up to a $57,200 commission rebate when you purchase this two-bedroom Condo at 277 Fifth Avenue, Apt 34B.
This 1279 sqft two-bedroom condo in Nomad is brought to you by 277, a licensed salesperson with The Corcoran Group. To schedule a private showing or to get more information on 277 Fifth Avenue, Apt 34B you can reach 277 at +12122272775.