RE SALESPERSON - Compass
1 Central Park South, Central Park South, New York, NY 10019
764 5 Avenue
0.01 miles away
Grand Army Plaza & Central Park South At Ne Corner
0.02 miles away
5th Ave & 60th St At Se Corner
0.09 miles away
5th Ave & 60th St At Ne Corner
0.1 miles away
1 Central Park South, Apt 806, New York, NY 10019 Affordability
1 Central Park South is a two-bedroom Central Park South Co-op that is selling for $3,900,000.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 $195,000 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 1 Central Park South is priced at $3,900,000 you’ll also need to pay a mansion tax of $58,500 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 1 Central Park South, Apt 806? You can save up to $78,000 with a 2% buyer broker commission rebate when you find your home on PropertyClub.
This 1721 sqft two-bedroom co-op in Central Park South is brought to you by Charlie, a licensed salesperson with Compass. To schedule a private showing or to get more information on 1 Central Park South, Apt 806 you can reach Charlie at +19172738613.