The Law Office of Steven Riker
Call (212) 661-6410


230 Park Avenue
Suite 2525
New York, NY 10169
Office: (212) 661-6410
Fax: (212) 661-2153



ESTIMATED CLOSING COSTS FOR
REAL ESTATE TRANSACTIONS

Co-ops


 Seller:

 Real Estate Broker

 6% (varies)

 Seller’s Attorney

 $1750 and up

 Co-op Attorney or Managing Agent

 $500 - $750

 Flip Tax

 1%-3% of purchase price

 Stock Transfer Tax

 $.05 per share

 Move-Out Deposit

 $500 - $1,000 (usually refundable if no damage)

 NYC Transfer Tax

 1% of gross purchase price if $500,000 or under; 1.425% of  gross purchase price if over $500,000

 NYS Transfer Tax

 .4% ($2 per $500) of gross purchase price

 Payoff Bank Attorney

 $450 and up

 UCC Fling Fees

 $75-$100

The Law Office of Steven Riker
230 Park Avenue, Suite 2525
New York, NY 10169
Office: (212) 661-6410
Fax: (212) 661-2153

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The Law Office of Steven Riker, in New York City, represents clients throughout the New York metropolitan area, including the Bronx, Brooklyn, Manhattan, Queens, Yonkers, New Rochelle, Staten Island, Long Island, New York County, Westchester County, Bronx County, and Kings County.

The information you obtain at this site is not, nor is it intended to be, legal advice and is considered attorney advertising. Prior results do not guarantee a similar outcome. You should consult an attorney for individual advice regarding your own situation.

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