3 beds
3 baths
Co-op
Elyse Gutman
RE SALESPERSON - The Corcoran Group
Location
50 Sutton Place South, Sutton Place, New York, NY 10022
Nearby Transit
3rd Ave & 53rd St At Ne Corner
0.39 miles away
3rd Ave & 53rd St At Se Corner
0.39 miles away
3rd Ave & 60th St At Se Corner
0.47 miles away
884 3 Avenue (Enter On E 53 St)
0.47 miles away
50 Sutton Place South, Apt 18A/B, New York, NY 10022 Affordability
50 Sutton Place South is a three-bedroom Sutton Place Co-op that is selling for $1,995,000.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 $99,750 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 50 Sutton Place South is priced at $1,995,000 you’ll also need to pay a mansion tax of $19,950 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 50 Sutton Place South, Apt 18A/B? You can save up to $39,900 with a 2% buyer broker commission rebate when you find your home on PropertyClub.
This three-bedroom co-op in Sutton Place is brought to you by Elyse, a licensed salesperson with The Corcoran Group. To schedule a private showing or to get more information on 50 Sutton Place South, Apt 18A/B you can reach Elyse at +19177963144.