Seller Closing Costs -
Seller Closing Costs -
Seller Closing Costs -
Seller Closing Costs -
Seller Closing Costs
Your Guide to Closing.
This closing cost guide is designed to provide the general costs associated with a condo & co-op purchase respectively. Please note that these are estimates and that potential buyers should consult with their real estate attorney or financial advisor for specifics. Please take we do not represent that these are the entirety of potential costs, but are to be used as a guide.
Sale Cooperative
| Broker | Usually 6% of sale price |
| Seller’s Attorney | $1,500 – $5,000+ |
| Co-op Attorney | $450 |
| Move-Out Fee | $500 – $1,000 |
| Flip Tax | Varies from building to building (Typically 1–15% of sales price) |
| Stock Transfer Tax | $0.05 per share |
| UCC Filing Fee | $300 |
| Bank Attorney | $300 |
Sale Condominium
| Broker | Usually 6% of sale price |
| Seller’s Attorney | $1,500 – $5,000+ |
| Managing Agent Fee | $450+ |
| Move-Out Fee | $500 – $1,000 |
| New York State Transfer Tax | 0.4% |
| New York City Transfer Tax | 1% of selling price up to $500,000 1.425% of price over $500,001 |
| Title Fees | $100 |
| Bank Attorney | $300 |