what are the approximate carrying costs of buying a 1.25million apartment in brooklyn?

Asked by Sam_b, White Plains, NY Tue Apr 19, 2011

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Anna M Brocco, Agent, Williston Park, NY
Tue Apr 19, 2011
Much will depend on the building, new or existing, size, etc.; consider consulting with your tax professional and or attorney...
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Elan Gavish, Agent, New York, NY
Tue Apr 19, 2011
It all depends on the size of the building and the price per square foot of the unit. If you purchase in a brand new building with a tax abatement, you wont have any tax payments to make for 8-15 years depending on the building. This significantly lowers your monthly carrying costs. What area of Brooklyn are you interested and what size unit?

If you want to discuss, please email me at acooper@hudnyc.com.

Thanks!

Allison
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