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Free Closing Cost Estimate

 
   
 
 
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[closing costs]

For Seller
 
CO-OP
Broker: Typically 6% depending upon size and marketing
Own Attorney: Consult you attorney
Co-op Attorney: $695
Flip Tax: 1% to 3% of Price (if applicable)
Stock Transfer Tax: $0.05 per share
Move-out Deposit: One time fee of $500.00+
  NYC Transfer Tax: 1% of price up to $500,000.00;
  or 1.425% of price if $500,000.00 and over.
  Plus $25.00 administrative fee.
NY State Transfer Tax: $2 per $500 or price, or 0.4% of purchase price
Payoff Fee to Title Closer: $350
UCC-3 Filing Fee: $100
 
CONDO
Broker: Typically 6% depending upon size and marketing
Own Attorney: Consult you attorney
Processing Fee: $450.00+
Move-out Deposit: One time fee of $500+
Bank Attorney: $695
NYC Transfer Tax: 1% of price up to $500,000:
  or, 1.425% of price if $500,000 and over.
  Plus $25 administrate fee.
NY State Transfer Tax: $2.00 per $500.00 or price, or 0.4% of purchase price
Miscellaneous Title Fees: $200
Payoff Fee to Title Closer: $300+


1)
Costs can change and vary for certain transactions.  All information is subject to errors, omissions and changes in facts or circumstances.  Consult your attorney before signing a contract. We do not represent that these are the entirety of potential costs, but are only to be used as a guide.

2) For condominiums in new developments, the Purchaser will pay costs normally paid by the Seller. These include Seller attorney fees as well as NY and NYC Transfer Taxes.
buy | sell | rentals | relo | finance | about | my place | agents | guides | sitemap Contact Us: 212-872-2200 or inquiry@c21nyc.com
REALTOR (NAR, MANAR), REBNY, TotalMove, Cartus, Sirva, UPromise Kensington Title Service
 
CENTURY 21 NY Metro – Buy, Sell, Rent Manhattan Apartments and Real Estate.
Address: 575 Madison Avenue, New York, NY 10022
Telephone: 212.872.2200 Email: inquiry@c21nyc.com
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price  rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions and all square footage are approximate. For exact dimensions, you must hire your own architect or engineer.
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