closing cost estimates for the seller
Consult your attorney: $2,500—$5,000+
Payoff Bank Fees: $300—$1,000
Managing Agent Closing Fee: $500—$1,000
Move-out Fee: $500+
Move-out Deposit: $500—$1,500 (refundable)
Residential NYC Transfer Tax*:
1% if purchase price is < $500,000
1.425% if purchase price is > $500,000+
Progressive NY State Transfer Tax*:
0.4% for Residential transactions < $3M
0.65% for Residential transactions > $3M
UCC-3 Filing Fee: $125
Pick up/Payoff Fee to Title Closer: $250—$500
Listing Broker: Per your listing agreement
Seller Broker: Per your listing agreement
*The figures provided are general estimates and not guaranteed. Fees may vary based on a variety of factors. This information is provided without warranty, and you are encouraged to consult your attorney to discuss your specific situation and verify costs.