RE SALESPERSON - The Corcoran Group
4-74 48th Avenue, Long Island City, New York, NY 11109
Vernon Blvd & 50th Ave At Sw Corner (To Flushing Only)
0.19 miles away
Vernon Blvd & 50th Ave At Ne Corner (To Manhattan Only)
0.2 miles away
Jackson Ave & 50th Ave At Sw Corner (To Flushing Only)
0.25 miles away
Jackson Ave & 50th Ave At Nw Corner (To Manhattan Only)
0.26 miles away
4-74 48th Avenue, Apt 21AB, Queens, NY 11109 Affordability
4-74 48th Avenue is a three-bedroom Long Island City Co-op that is selling for $1,250,000.Buying a coop in NYC can be a tricky proposition which can involve high closing costs and lots of money down. Generally speaking, you’ll be required to put down at least 20% or $62,500 for a property like this one. Luckily for you, Co-op closing costs are typically going to be quite a bit lower than those for condos, townhouses, or other types of real property.
As this apartment at 4-74 48th Avenue is priced at $1,250,000 you’ll also need to pay a mansion tax of $12,500 if you purchase this co-op. NYC recently introduced a new progressive mansion tax, which applies to all properties that sell above $1 million. For homes selling between $1 and 1.99 Million the rate is only 1%, but that goes up to 3.9% for properties that sell for more than $25 Million.
Are you interested in saving a boatload of money when you purchase 4-74 48th Avenue, Apt 21AB? You can save up to $25,000 with a 2% buyer broker commission rebate when you find your home on PropertyClub.
This three-bedroom co-op in Long Island City is brought to you by Lauren, a licensed salesperson with The Corcoran Group. To schedule a private showing or to get more information on 4-74 48th Avenue, Apt 21AB you can reach Lauren at +17186129922.