COOPERATIVE APARTMENTS
Seller ... Purchaser

Broker 6%

Seller's Attorney $2,250 and up

Coop Attorney $500 - $750

Stock Transfer Tax $.05 per share

New York City Transfer Tax 1% of gross purchase price up to $500,000, 1.425% of price if over $500,000

New York State Transfer Tax$4. per $1000 of purchase price

Payoff Bank Attorney $350 - $500

UCC-3 Filing Fee $75 - $125

Transfer Tax Filing Fee $100

Flip TaxIf Applicable

Purchaser's Attorney $2,250 and up

Purchaser's Application Fee $500 - $1,000

Bank Fees (Application, credit report, appraisal, bank attorney, etc.) variable depending on bank

Move-in deposit $500 - $1,000

Managing Agent or Coop Attorney (Recognition Agreement Fee) $150 - $300

Lien Search $250 - $350

UCC 1 Filing Fee $75 - $125

Mansion Tax 1% of price when price exceeds $1,000,000 

*where applicable 

CONDOMINIUMS / TOWNHOUSES
Seller ... Purchaser

Broker 6%

Seller's Attorney $2,250 and up

Application/Waiver Fees $500 - $1,000

Managing Agent Fee $450 and up

Move out deposit* $500 - $1,000

New York City Transfer Tax 1% of gross purchase price up to $500,000, 1.425% of price if over $500,000

New York State Transfer Tax $4. per $1000. of purchase price

Miscellaneous Title Company Fees $200

Payoff Bank Attorney $375 - $500

Mortgage Satisfaction Recording Fee $100

Purchaser's Attorney $2,250 and up

Application Fee $500 - $1,000

Mortgage Tax 1.8% of amount of mortgage on loans under $500,000; 1.925% of amount of mortgage on loans over $500,000

Title Insurance Variable depending on purchase price

Mortgage Title Insurance Variable depending on loan amount

Move-in deposit $500 - $1000

Managing Agent Fee $250 and up

Bank Fees (Application, credit, appraisal, bank attorney, etc.) variable depending on lender and loan

Title and Municipal Search Fee $350 - $500

Recording Fees $250- $750

Mansion Tax 1% of price when price exceeds $1,000,000.

*where applicable

Note: When purchasing a condominium from a Sponsor, the Purchaser will Be required to pay New York City and New York State Transfer Taxes, as well as the Sponsor's attorney's fee.

All costs are subject to change.