1 bed
1 bath
Co-op
Location
205 West 57th Street, Central Park South, New York, NY 10019
Nearby Transit
7th Ave & 57th St At Nw Corner
0.02 miles away
7th Ave & 57th St At Sw Corner
0.03 miles away
7th Ave & 57th St At Ne Corner
0.03 miles away
7th Ave & 57th St At Se Corner
0.04 miles away
205 West 57th Street, Apt 10-DD, New York, NY 10019 Affordability
205 West 57th Street is a one-bedroom Central Park South Co-op that is selling for $1,249,000.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 $62,450 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 205 West 57th Street is priced at $1,249,000 you’ll also need to pay a mansion tax of $12,490 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 205 West 57th Street, Apt 10-DD? You can save up to $24,980 with a 2% buyer broker commission rebate when you find your home on PropertyClub.
This one-bedroom co-op in Central Park South is brought to you by Leslie, a licensed salesperson with Compass. To schedule a private showing or to get more information on 205 West 57th Street, Apt 10-DD you can reach Leslie at +19176266285.