RE SALESPERSON - The Corcoran Group
160 West 95th Street, Upper West Side, New York, NY 10025
Broadway & 96th St At Se Corner
0.13 miles away
Broadway & 96th St At Sw Corner
0.15 miles away
Central Park West & 96th St At Sw Corner
0.28 miles away
Central Park West & 97th St At Sw Corner
0.31 miles away
160 West 95th Street, Apt 2A, New York, NY 10025 Affordability
Are you planning on getting a mortgage for this Upper West Side Co-op apartment? Most co-ops require a minimum down payment of 20%, but some might even require you to put down 50% of the purchase price of more. If you’re putting 20% down on this $1,575,000 three-bedroom home that will end up coming to $78,750.
Closing costs are notoriously high in NYC, but at least you’ll avoid the dreaded mortgage recording tax which doesn’t apply to apartments in cooperative buildings. Coop closing costs are significantly lower due to this.
You’ll also be on the hook for the new progressive New York City mansion tax, which applies to every NYC property that sells for $1 million or more. Rates start at 1% for $1-1.99 Million properties and go up 3.9% for properties priced above $25 Million. You can expect to pay a mansion tax of $15,750 if you purchase this Co-op at 160 West 95th Street, Apt 2A.
Are you interested in purchasing 160 West 95th Street, Apt 2A and saving yourself a lot of money? Learn how a buyer commission rebate can save you up to $31,500.
Located at 160 West 95th Street, Apt 2A, in Upper West Side, this three-bedroom home is listed by Scott Stewart, a real estate agent with The Corcoran Group. If you have questions about this co-op listing you can contact Scott at +19178064068.