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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.

condominium

BrokerUsually 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 Tax0.4%
New York City Transfer Tax1% of selling price up to $500,000
1.425% of price over $500,001
Title Fees$100
Bank Attorney$300

cooperative

BrokerUsually 6% of sale price
Seller’s Attorney$1,500 – $5,000+
Co-op Attorney$450
Move-Out Fee$500 – $1,000
Flip TaxVaries from building to building
(Typically 1–15% of sales price)
Stock Transfer Tax$0.05 per share
UCC Filing Fee$300
Bank Attorney$300

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