2 beds
2 baths
1115 sqft
Condo
Andrew Booth
RE SALESPERSON - Compass
Location
319 Schermerhorn Street, Downtown Brooklyn, New York, NY 11217
Nearby Transit
Flatbush Ave & Livingston St At Nw Corner
0.09 miles away
Flatbush Ave & Livingston St At Ne Corner
0.1 miles away
36 Bond Street
0.14 miles away
Flatbush Ave & De Kalb Ave At Se Corner
0.17 miles away
319 Schermerhorn Street, Apt 8-D, Brooklyn, NY 11217 Affordability
Are you planning on getting a mortgage for this Downtown Brooklyn Condo? In Brooklyn, 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 $145,000 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 319 Schermerhorn Street is selling for $1,450,000 you’ll be hit with a tax for $14,500.
Closing costs seem too high? You can mitigate them and earn up to a $29,000 commission rebate when you purchase this two-bedroom Condo at 319 Schermerhorn Street, Apt 8-D.
This 1115 sqft two-bedroom condo in Downtown Brooklyn is brought to you by Andrew, a licensed salesperson with Compass. To schedule a private showing or to get more information on 319 Schermerhorn Street, Apt 8-D you can reach Andrew at +13157785909.