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New York Seller Closing Costs

Condominiums

Closing cost estimates for the seller

Attorney  
Your Attorney Consult your attorney ~$2,500 - $5,000+
Building  
Managing Agent Closing Fee $500 - $1,000
Move-out Fee $500+
Move-out Deposit $500 - $1,500 (refundable)
Government  
Residential NYC Transfer Tax* 1% if purchase price is < $500,000
1.425% if purchase price is > $500,000+
Progressive NY State Transfer Tax* 0.4% for Residential transactions < $3M
0.65% for Residential transactions > $3M
UCC-3 Filing Fee $125
Bank  
Payoff Bank Fees $300 - $1,000
Brokerage  
Flat Transaction Commission $195
Broker Commission  
Listing Broker Per your listing agreement
Seller Broker Per your listing agreement
Recording & Closing  
Pick up/Payoff Fee to Title Closer ~$250 - $500

Co-ops

Closing cost estimates for the seller

Bank  
Payoff Bank Fees $500 - $1,000
Attorney  
Your Attorney Consult your attorney ~$2,500 - $5,000+
Building  
Co-op's Attorney/Managing Agent Closing Fee $400 - $1,000
Move-out Deposit Varies by co-op, typically $500 - $1,000 (refundable)
Move-out Fee $500 - $1,500 (non-refundable)
Admin Fee $250 - $1,000
Flip Tax or Transfer Tax Refer to managing agent (typically 1 - 3% of price or $ per share)
NY Stamp Tax $0.05/share
   
Government  
Residential NYC Transfer Tax 1% if purchase price is < $500,000
1.425% if purchase price is > $500,000+
Progressive NY State Transfer Tax 0.4% for Residential transactions < $3M
0.65% for Residential transactions > $3M
Transfer Tax Filing Fee $125
UCC-3 Filing Fee $125
Brokerage  
Flat Transaction Commission $195
Listing Broker Per your listing agreement
Seller Broker Per your listing agreement

Townhouses & Multi Family Homes

Closing cost estimates for the seller

Bank  
Payoff Bank Fees $500 - $1,000
Government  
Residential NYC Transfer Tax 1% if purchase price is < $500,000
1.425% if purchase price is > $500,000+
NY State Transfer Tax 0.4% for Residential transactions < $3M
0.65% for Residential transactions > $3M
Transfer Tax Filing Fee $100
UCC-3 Filing Fee $125
Attorney  
Attorney Consult your attorney ~$2,500 - $5,000+
Brokerage  
Flat Transaction Commission $195
Listing Broker Per your listing agreement
Seller Broker Per your listing agreement

Let's Work Together

Craig operates at the intersection of two of the most competitive real estate markets in the country — New Jersey and New York. For sellers, his foundation in marketing and sales translates into precise positioning, commanding attention from qualified buyers. For buyers, he brings the market intelligence and negotiating instincts to move decisively — and land on the right terms. Discreet, strategic, and unconditionally in your corner.

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