Sellers typically pay the broker commission, attorney fees, and New York City/State transfer taxes. Exact amounts depend on price and property type (condo, co-op, or townhouse). I’ll walk you through a precise estimate for your specific home before we list.
Buyer's Attorney | Consult your attorney |
Bank Fees | $550-$1,000 |
Application Fee | $350-$650 |
Processing Fee | $330-$500 |
Appraisal Fee | $500-$2,000 |
Credit Report Fee | $45-100+ |
Bank Attorney | $1,000-$2,000 |
Lien Search | $550 |
UCC-1 Filing Fee | $20-$40 if self-filed in all counties except for Nassau; $75 via TitleVest |
UCC-1 Filing Fee (Nassau) | $340 if self-filed ($40 to file + $300 per block); $375 via TitleVest |
Mansion Tax is paid by purchaser on transactions that are residential or mixed-use and the purchase price is $1M or above.3
Miscellaneous Co-op Charges | Varies by building |
Recognition Agreement Fee | Approx $250 |
Flip Tax | Please check with building |
Maintenance Adjustment | Pro-rates for the month closing |
Short-term interest | Equal interest for the balance of month in which you close |
