RE SALESPERSON - Compass
50 Lexington Avenue, Kips Bay, New York, NY 10010
Park Ave & 23rd St At Ne Corner (Uptown Only)
0.1 miles away
Park Ave & 23rd St At Se Corner (Uptown Only)
0.11 miles away
1 Madison Avenue (Enter On E 23 St) (Downtown Only)
0.12 miles away
Park Ave & 23rd St At Sw Corner (Downtown Only)
0.13 miles away
50 Lexington Avenue, Apt 12-C, New York, NY 10010 Affordability
50 Lexington Avenue is a two-bedroom Kips Bay Co-op that is selling for $1,295,000.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 $64,750 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 50 Lexington Avenue is priced at $1,295,000 you’ll also need to pay a mansion tax of $12,950 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 50 Lexington Avenue, Apt 12-C? You can save up to $25,900 with a 2% buyer broker commission rebate when you find your home on PropertyClub.
This two-bedroom co-op in Kips Bay is brought to you by Jeremy, a licensed salesperson with Compass. To schedule a private showing or to get more information on 50 Lexington Avenue, Apt 12-C you can reach Jeremy at +16462621882.