Peter Axelrod & Associates, P.C.

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FOR SELLER  
Broker............................................................... 2% to 6%
Own Attorney................................................... $2,500 and up
Transfer Fee - Coop's Agent........................ $450 and up
Flip Tax*........................................................... 1% to 3% of purchase price
Stock Transfer Tax......................................... $.05 per share
Move-out Deposit*......................................... $1,000 to $2,500
New York City Transfer Tax.......................... 1% of purchase price if purchase price under $500,000
  1.425% of purchase price if purchase price over $500,000
  (plus $50 filing fee) 
New York State Transfer Fee....................... $2 for every $500 of purchase price
Payoff Bank Attorney...................................... $400 to $750
UCC-3 Filing Fee........................................... $75 to $150
   
FOR BUYER  
Own Attorney................................................... $2,500 and up
Bank Fees  
        points*...................................................... 0 to 3%
        application, credit & appraisal*........... $400 to $600
        Bank Attorney*........................................ $750 to $1,000
        UCC-1 Filing Fee*................................. $75 to $150
Short-term Interest......................................... up to one month
Move-in Deposit*............................................ $1,000 to $2,500
Coop Financing Fee...................................... $200 and up
Lien Search..................................................... $400 to $600
Maintenance Adjustment.............................. up to one month
Mansion Tax................................................... 1% of purchase price if price is price is over $1,000,000
*Where applicable
         

 

Closing Costs

 

Cooperative Apartments

 

Condominiums and Houses

 

Multi-Family Residential – Commercial Property

 

260 Madison Avenue, New York, New York 10016

(212) 702-0900   fax (212) 355-7365