Home Buying in 10306>Question Details

Tanya Fishman, Real Estate Pro in Brooklyn, NY

what is the standard transfer and stamp tax rate selling a house for $ 585 000?

Asked by Tanya Fishman, Brooklyn, NY Wed Mar 13, 2013

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2
Hi,
For selling over $500,000 the transfer tax 1.425% .
$ 4 dollars Stamp tax every $1000

if you have any questions, Please feel free to contact me.
Regards,
Cindy
0 votes Thank Flag Link Wed Mar 13, 2013
Good Evening,

The Total Transfer Taxes paid should be $10,676 (NYS=2,340 & NYC=8,336). If you are interested in getting an idea of the Closing Costs Associated with buying a home, please visit the following webpage.

http://nysmortgagerates.com/TheCost.html

Best regards,
Will
0 votes Thank Flag Link Wed Mar 13, 2013
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