I don't know how much this will help, but I just purchased a 2BR co-op in Englewood, NJ for 96K. I paid cash, so my closing costs were $ 3407. This included the lawyer (1500), Titlle Insurance (522) First month maintenance (807) and we split the co-op lawyers fee (500) . I was originally going to use a bank, and they estimated it to b $4600, not including the first month's maintenance. If you have the cash to outright buy it, I highly suggest doing it to avoid BS fees like inspections, credit report, appraisal fee, loan origination fee, etc.

Hi Matthew Your closing costs are a combination of items. Your Attorney cost can range and you should consult with several for a rate. Please let me kow if you need a reference. The there are the Bank fees associated with your loan and these can range as well. These fees have many names such as Bank/Recognition fee $350-$750, Application fee $350, Processing fee $350, Appraisal fee $300-$450, credit report fee, Lien search fee, UCC-1 filing fee, Move in fee $500-$1000.
I think you get the picture. Try to see what you can negotiate out especially if you intend to put down upwards of the commonly required 20% an your FICO score is better than 740. As for maintenance fees, this is still paid by the seller at the beginning of each month but depending on when the actual cosing date is, it would be pro-rated in the form of a credit. It is the coop board that requires the new shareholder pay the first full month's maintenance additionally.
Given your modest price range for the Forest Hills area, your closing costs will most likely be somewhere around $5000. Prior to closing, your lender should go over your final bank-related costs to the penny. By the way. For up to date and up to the minute information and answers to your Real Estate related questions please view New York's number one brokerage at the Prudential Douglas Elliman New York Real Estate website;
http://www.prudentialelliman.com

I paid about $4,600 for closing costs on a co-op for $160K in Kew Garden Hills. Be careful of garbage fees (fees that aren't necessary) Also, be careful about the maintenance. Make arrangements through your lawyer how the maintenance is going to be paid for the month you are closing. When I went to the closing, I ended up paying two months of the maintenance (closed March 20 so had to pay for March since the seller didn't bother to send in her payment, and paid for April which was fine). The seller did give me a credit for the maintenance (for March) but since it left me without some cash I needed. Also, walk through the apartment again before closing. I didn't realize that many things were wrong after inspection could've been negotiated and I could've received credit for (for example, warped hardwood floor near bathroom). Also my seller was not ready to move on closing day. After we signed, she was my tenant which meant I was liable for anything that happened in the apartment while she was there. i charged her $550 a week - she moved out the next afternoon.

Try 10,000, or about 5% of the purchase price.

Matthew,

Closing costs vary from one state to the next and even from one title company to another. Chose a title company to want to close with and contact them. They should be able to get you the information you desire.