Estimated closing costs Coop Sale

Real Estate Broker 6% of sales price (varies)
Seller’s Attorney $2,000.00 and up
Co-op Attorney or Managing Agent $500.00- $750.00
Flip Tax (If applicable) 1%-3% of purchase price
Stock Transfer Tax $.05 per share
Move-Out Deposit $500.00- $1,000.00
NYC Transfer Tax 1% of the purchase price if
Purchase price is $500,000 or Under; 1.425% of purchase price
Purchase price is over $500,000
NYS Transfer Tax $2.00 per $500.00 of the purchase price
Filing of Transfer Taxes Approx. $150.00|
Payoff Bank Attorney $450.00 and up
UCC Fling Fees $75.00-$100.00
Please be aware that these are approximations and there may be ad­ditional fees not mentioned here, charged by coop board and coop man­agement.