Closing Costs Calculator

Sym	Last	Change
^DJI	12,099.30	-59.91

Sym

Last

Change

12,099.30

-59.91

This closing cost guide is designed to give you the general costs associated with the sale of a condominium property. Please note that these are estimates and that potential buyers and sellers should consult their real estate attorney or financial advisor for specifics. Please take note we do not represent that these are the entirety of potential costs, but are only to be used as a guide.

Items	Amount ($)	Approximate Cost ($)
Price of Property ($):		Varies
For the Seller Broker (%):		Typically 6%
Own Attorney ($):		Consult your attorney
Processing Fee ($):		$450+
NYC Transfer Tax (%):		1% of price up to $500,000; or, 1.425% of price if $500,000 and over
NY State Transfer Tax ($ per $1000):		$4 per $1,000 of price
Miscellaneous Title Fees ($):		$200-$500
Payoff Fee to Title Closer: ($):		$100-$300
Miscellaneous Condominium Charges: ($):		Vary by building

Note: For condominiums in new developments, the Purchaser will pay costs normally paid by the Seller. These include Seller attorney fees as well as NY and NYC Transfer Taxes.

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	USD
	1
	0.6473
	0.5133
	103.08
	1.0059
	1.0623

Transaction:	For the Seller	For the Purchaser
Property:	Condominium	Co-op

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