4 beds
4.5 baths
4299 sqft
Condo
Location
1 Central Park South, Central Park South, New York, NY 10019
Nearby Transit
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 509, New York, NY 10019 Affordability
Are you planning on getting a mortgage for this Central Park South 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 $1,995,000 down to purchase this four-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 1 Central Park South is selling for $19,950,000 you’ll be hit with a tax for $698,250.
Closing costs seem too high? You can mitigate them and earn up to a $399,000 commission rebate when you purchase this four-bedroom Condo at 1 Central Park South, Apt 509.
This 4299 sqft four-bedroom condo 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 509 you can reach Charlie at +19172738613.