Seller

Broker: Generally 6%

Attorney: $2,000-$3,000

(Consult Attorney)

Processing Fee: $450+

NYC Transfer Tax

Residential:

 ≤$500,000 = 1%

>$500,000 = 1.425%

Commercial:

≤$500,000 = 1.425%

>$500,000+ = 2.625%

NY State Transfer Tax

$4 per $1,000 of price

Misc. Condominium Charges: $500-$1,000 

(Varies Per Building)

Admin. Fees

Non-Deed Transfers (Co-ops): $50

Residential Deed Transfers: $75

Commercial Deed Transfers: $165

NYS Equalization Fee: $75

Pick-up/Payoff Fee: $250-$500

UCC-3 Filing Fee: $100

Buyer

Broker: generally 6%

Attorney: $2,000-$3,000

(Consult Attorney)

Processing Fee: $300-$500

Mansion Tax

1% of purchase price

($1,000,000+ only)

NYC Mortgage Tax

<$500,000 = 1.80%

≥ $500,000 1-3 family = 1.925%

>$500,000.00 all other property = 2.80%

Admin Fees

Processing Fee: $350 – $650

Application Fee: $330 – $500

Misc & Mortgage Fees

Appraisal Fee: $500-$2,000

Credit Report Fee: $45-$100

Bank Attorney: $600-$750

Recording Fees: $250-$750

Municipal Search: $350-$500

Title insurance: $130 Per $100k of mtg. 

Fee Title Insurance: consult attorney

cc adjustment: pro-rated to closing

CO-OP CLOSING COSTS

Seller

Broker: generally 6%

Attorney: $2,000-$3,000

(Consult Attorney)

co-op attorney: $450-$700

Flip tax

1-3%

varies per building 

stock transfer tax

$0.05 per share

NYC Transfer Tax

Residential:

 ≤$500,000 = 1%

>$500,000 = 1.425%

Commercial:

≤$500,000 = 1.425%

>$500,000+ = 2.625%

NY State Transfer Tax

$4 per $1,000 of price

Admin. Fees

Non-Deed Transfers (Co-ops): $50

Residential Deed Transfers: $75

Commercial Deed Transfers: $165

NYS Equalization Fee: $75

Pick-up/Payoff Fee: $250-$500

UCC-3 Filing Fee: $100

Buyer

Attorney: $2,000-$3,000

(Consult Attorney)

Mansion Tax

1% of purchase price

($1,000,000+ only)

ADMIN Fees

Processing Fee: $350 – $650

Application Fee: $330 – $500

Misc & Mortgage Fees

bank fees: $350-$750

Appraisal Fee: $500-$2,000

(varies per sale price)

Credit Report Fee: $45-$100

lien search: $250-$350

Bank Attorney: $600-$750

ucc-1 filing: $100

recognition agmt. fee: $200+

maint. ajustent: pro-rated for closing

misc. co-op charges: varies per building