1 bed
2 baths
1425 sqft
Condo
53W53 Sales Gallery
RE SALESPERSON - The Corcoran Group
Location
53 West 53rd Street, Midtown Center, New York, NY 10019
Nearby Transit
6th Ave & 56th St At Se Corner
0.11 miles away
6th Ave & 56th St At Sw Corner
0.12 miles away
6th Ave & 56th St At Nw Corner
0.14 miles away
1261 6 Avenue
0.14 miles away
53 West 53rd Street, Apt 16F, New York, NY 10019 Affordability
Are you planning on getting a mortgage for this Midtown Center Condo? In Manhattan, 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 $328,000 down to purchase this one-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 53 West 53rd Street is selling for $3,280,000 you’ll be hit with a tax for $49,200.
Remember that if you’re purchasing a Condo in a new development or a sponsor unit, you’ll likely be responsible for paying some of the sellers closing costs.
Closing costs seem too high? You can mitigate them and earn up to a $65,600 commission rebate when you purchase this one-bedroom Condo at 53 West 53rd Street, Apt 16F.
This 1425 sqft one-bedroom condo in Midtown Center is brought to you by 53W53, a licensed salesperson with The Corcoran Group. To schedule a private showing or to get more information on 53 West 53rd Street, Apt 16F you can reach 53W53 at +12126885300.