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*Real Estate Guide Coming Soon
Seller Closing Costs for Condominium
Your Attorney: |
Approx. $1,750+ |
Managing Agent Fee: |
$450+ |
Move-out Deposit: |
$250 - $1,000 (Refundable after move-out if there is no damage.) |
Mortgage Bank Attorney: |
$350+ |
NYC Transfer Tax: |
1% of price up to $500,000; or, 1.425% of price if $500,000 and over. Plus $125 administrative fee. |
NY State Transfer Tax: |
$4.00 per $1,000.00 of price, or 0.4% of purchase price |
Miscellaneous Title Fees: |
Approx. $200 |
Seller Closing Costs for Coop
Your Attorney: |
Approx. $1,750+ |
Managing Agent Fee: |
$450+ |
Move-out Deposit: |
$250 - $1,000 (Refundable after move-out if there is no damage.) |
Mortgage Bank Attorney: |
$350+ |
NYC Transfer Tax: |
1% of price up to $500,000; or, 1.425% of price if $500,000 and over. Plus $100 administrative fee. |
NY State Transfer Tax: |
$4.00 per $1,000.00 of price, or 0.4% of purchase price |
Miscellaneous Title Fees: |
$200 |
UCC-3 Filing: |
$50+ |
Flip Tax: |
Depends on building |
Stock Transfer Tax: |
$0.05 per share |