Licensed New York City real estate broker

New York City real estate seller's guide

CLOSING COSTS FOR THE SELLER
CONDOMINIUMS
Broker 6%
Seller's Attorney $1,250 and up
Managing Agent Processing Fee $450-$650 and up
Move-out Deposit $500-$1,000 (usually refundable)
Bank Attorney $450+
NYC Transfer Tax 1% of price for purchases of $500,000 or less
1.425% of price for purchases over $500,000
(Paid by Seller, except sale by Sponsor)
NYS Transfer Tax 0.4% of price
(Paid by Seller, except sale by Sponsor)
Title Fees Title and Recording Fee
Mortgage Satisfaction Fee $150-$300
COOPERATIVES
Broker 6%
Seller's Attorney $1,250 and up
Coop Attorney/Managing Agent $400-$600
Flip Tax Varies
Stock Transfer Tax $0.05 per share
Move-out Deposit $500-$1,000 (refundable)
NYC Transfer Tax 1% of price for purchases of $500,000 or less
1.425% of price for purchases over $500,000
(Paid by Seller, except sale by Sponsor)
NYS Transfer Tax 0.4% of price
(Paid by Seller, except sale by Sponsor)
Payoff Bank Attorney $300
UCC-3 Filing Fee $25

 
Union Square
853 Broadway, 15th Floor
New York, NY 10003
212-672-6350
Columbus Circle
1776 Broadway, 2nd Floor
New York, NY 10019
212-582-2009
Upper East Side
1500 Second Avenue
New York, NY 10075
212-584-4220
Chelsea
64 West 21st Street
New York, NY 10010
212-645-8800
Corporate HQ
1776 Broadway, 19th Floor
New York, NY 10019
212-582-2009
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