1 bed
2 baths
Co-op
Serri Knight
RE SALESPERSON - CORE Group Marketing, LLC
Location
11 Charlton Street, Hudson Square, New York, NY 10014
Nearby Transit
6th Ave & Vandam St At Sw Corner
0.07 miles away
Varick St & King St At Se Corner (Uptown Only)
0.09 miles away
Varick St & King St At Ne Corner (Uptown Only)
0.09 miles away
Varick St & King St At Sw Corner (Downtown Only)
0.11 miles away
11 Charlton Street, Apt 1-DE, New York, NY 10014 Affordability
Are you planning on getting a mortgage for this Hudson Square Co-op apartment? Most co-ops require a minimum down payment of 20%, but some might even require you to put down 50% of the purchase price of more. If you’re putting 20% down on this $1,695,000 one-bedroom home that will end up coming to $84,750.
Closing costs are notoriously high in NYC, but at least you’ll avoid the dreaded mortgage recording tax which doesn’t apply to apartments in cooperative buildings. Coop closing costs are significantly lower due to this.
You’ll also be on the hook for the new progressive New York City mansion tax, which applies to every NYC property that sells for $1 million or more. Rates start at 1% for $1-1.99 Million properties and go up 3.9% for properties priced above $25 Million. You can expect to pay a mansion tax of $16,950 if you purchase this Co-op at 11 Charlton Street, Apt 1-DE.
Are you interested in purchasing 11 Charlton Street, Apt 1-DE and saving yourself a lot of money? Learn how a buyer commission rebate can save you up to $33,900.
Located at 11 Charlton Street, Apt 1-DE, in Hudson Square, this one-bedroom home is listed by Serri Knight, a real estate agent with CORE Group Marketing, LLC. If you have questions about this co-op listing you can contact Serri at +18186673825.