1% of price up to $500,000 plus $50 filing fee, and 1.425% of price over $500,000
NYC Transfer Tax
$4 per $1,000 of sale price
UCC-3 Filing
$75 & up
Flip Tax (if applicable)
Determined by co-op building
Payoff Bank Fees (if applicable)
$300 & up
Managing Agent Fee
$500 - $750
Move-Out Deposit
$500 - $1,000 (usually refendable if no damage)
Broker Commission
6-8%
Estate Fees
Co-op may impose additional fees for estate sales
Lost Stock and Lease Fees
$250 - $750
* Check with bank/mortgage broker for additional fees.
New York Law requires a written letter of engagement if the legal fee will exceed $3,000. Non-New York State residents should procure exemption for state transfer tax forms (TP584). These costs are provided only as estimates. Please confirm closing costs for specific transactions with your attorney.
