Costs of Selling CONDO

Broker Commission: 6% depending upon size and marketing

Attorney: Consult your attorney

Processing Fee $450+

Move-out Deposit: One time fee of $500+

Bank Attorney: $450+

NYC Transfer Tax:  1% of price up to $500,000 or 1.425% of price if $500,000 and over.
Plus $25 administrative fee.

NY State Transfer Tax:  $2 per $500 of price, or 0.4% of purchase price

Miscellaneous Title Fees:  $200

Payoff Fee to Title Closer:  $300+

Cost of Selling a COOP

Broker Commission: 6%

Own Attorney: Consult your attorney

Co-op Attorney: $450

Flip Tax:  1% to 3% of Price (if applicable)

Stock Transfer Tax:  $0.05 per share

Move-out Deposit:  One time fee of $500+

NYC Transfer Tax:   1% of price up to $500,000 or 1.425% of price if $500,000 and over.
Plus $25 administrative fee

NY State Transfer Tax: $2 per $500 of price, or 0.4% of purchase price

Payoff Fee to Title Closer:  $350

UCC-3 Filing Fee: $30