Yahoo Web Search

Search results

1. • 0.4%

     • New York State imposes a real estate transfer tax, for which the seller (or “grantor”) is generally responsible, on conveyances of real property in the State, subject to certain limitations and exemptions. The current transfer tax rate is 0.4% (or $2 per $500 or part thereof) of the total consideration paid for the conveyance.
     www.thsh.com › publications › real-estate-transfer-tax-and-mansion-tax-rates

     Real Estate Transfer Tax and Mansion Tax Rates | THSH

2. People also ask

   What is NYC real property transfer tax?

   • Although it’s commonly referred to by brokers, buyers and sellers simply as the ‘NYC Real Property Transfer Tax,’ this jargon technically includes two separate Transfer Taxes: a NYS Transfer Tax and a NYC Transfer Tax. There are three specific NYC & NYS Transfer Tax rates for residential property which are as follows:

   NYC & NYS Seller Transfer Tax of 1.4% to 2.075% | Hauseit®

   www.hauseit.com/nyc-real-property-transfer-tax-rptt/

   See all results for this question

   Does NYS charge a transfer tax?

   • Both NYC and NYS charge a Transfer Tax on the sale of real property. The NYS transfer tax is between 0.4% and 0.65% of the sale price. The higher rate of 0.65% applies to residential sales of $3 million or more and commercial transactions priced at $2 million or more.

   NYC & NYS Seller Transfer Tax of 1.4% to 2.075% | Hauseit®

   www.hauseit.com/nyc-real-property-transfer-tax-rptt/

   See all results for this question

   Do you pay transfer tax if you sell a property in New York?

   • If you're selling a property in New York, you should expect to pay the NYC transfer tax. When combined with the NY State transfer tax it will cost you between 1.4% to 2.075 of the sale price and will be one of your largest closing costs. It's also a fee that can't easily be avoided, so make sure you're prepared to pay it.

   New York Transfer Tax Guide (2023) | PropertyClub

   propertyclub.nyc/article/our-guide-to-the-ny-state-and-nyc-transfer-tax

   See all results for this question

   How much is property tax in New York City?

   • New York State also charges a separate tax of $1.25 per $500 on New York City residences sold for $2 million or more. Keep in mind that these are only the transfer taxes at the state level. The county or municipality where the property is located may also charge a tax.

   New York Real Estate Transfer Taxes: In-Depth Guide 2024 Update

   listwithclever.com/real-estate-blog/new-york-real-estate-transfer-taxes-an-in-depth-guide/

   See all results for this question

3. www.tax.ny.gov › bus › transferReal estate transfer tax - NYS Department of Taxation and Finance

   www.tax.ny.gov › bus › transfer

   • Cached

   New York State imposes a real estate transfer tax on conveyances of real property or interests therein when the consideration exceeds $500. Information. Tax rate. Who pays the tax. File and pay tax. Conveyances to or from a limited liability company. Nonresident filing requirements. Definitions. For more information.

   • Real Estate Transfer Tax Advisory Opinions

     Real estate transfer tax advisory opinions - 2017 (TSB-A)...

   • Tsb-M

     Real estate transfer tax memos - 2019 (TSB-M) Number Title;...

   • Property Taxes and Assessments

     Industry-specific property tax information. Agricultural...

   • Real Estate Transfer Tax Publications and Tax Bulletins

     Real estate transfer tax publications and tax bulletins A...

   • Bulk Sales

     The sale, transfer, or assignment of business assets, in...

4. www.nyc.gov › site › financeReal Property Transfer Tax (RPTT) - NYC.gov

   www.nyc.gov › site › finance

   • Cached

   RPTT Rates. Transfers to Real Estate Investment Trusts (REITS) Claiming an RPTT Exemption for Transfers to or from Housing Development Fund Companies (HDFC) Tax Forms and Filing Information. Requesting a 30-Day filing extension. Legal Authority. Local Law: Title 11, Chapter 21, Administrative Code. Enabling Act: Tax Law Section 1201 (b)

5. www.hauseit.com › nyc-real-property-transfer-tax-rpttNYC & NYS Seller Transfer Tax of 1.4% to 2.075% | Hauseit®

   www.hauseit.com › nyc-real-property-transfer-tax-rptt

   • Cached

   Jan 8, 2021 · Housing type: NYC Transfer Tax (%): 1.425% NYC Transfer Tax ($): $21,375. NYS Transfer Tax (%): 0.4% NYS Transfer Tax ($): $6,000. Total Transfer Tax (%): 1.825% Total Transfer Tax ($): $27,375. The NYC Real Property Transfer Tax (RPTT) is 1% to 1.425% for residential deals. The higher rate of 1.425% applies to sales above $500k.

6. Videos

   • 

     2:13

     youtube.com

     What is the NYC Real Property Transfer Tax? How Much Is the NYC Transfer Tax and Who Pays It?

     Nov 20, 2017

     1.5K Views

   • 

     1:33

     youtube.com

     New Transfer Tax Regulations | New York | Real Estate

     Jun 29, 2019

     376 Views

   • 

     2:49

     youtube.com

     How Much is the Real Estate Transfer Tax in Yonkers, NY?

     Feb 28, 2023

     96 Views

   View all

7. www.hauseit.com › nyc-nys-transfer-tax-calculatorNYC & NYS Transfer Tax Calculator for Sellers | Hauseit®

   www.hauseit.com › nyc-nys-transfer-tax-calculator

   • Cached

   How much are NYC & NYS seller transfer taxes? The combined NYC and NYS Transfer Tax for sellers is between 1.4% and 2.075% depending on the sale price. Sellers pay a combined NYC & NYS Transfer Tax rate of 2.075% for sale prices of $3 million or more, 1.825% for sale prices above $500k and below $3 million, and 1.4% for sale prices of $500k or ...

8. listwithclever.com › real-estate-blog › new-yorkNew York Real Estate Transfer Taxes: In-Depth Guide 2024 Update

   listwithclever.com › real-estate-blog › new-york

   • Cached

   Feb 23, 2023 · New York's current transfer tax rate is $2.00 per $500 for homes under $1 million. So, for a house worth $460,812 — the median home price in the state — the transfer tax due will be $1,843. The tax rate increases for houses over $1 million, however.

9. propertyclub.nyc › article › our-guide-to-the-nyNew York Transfer Tax Guide (2023) | PropertyClub

   propertyclub.nyc › article › our-guide-to-the-ny

   • Cached

   The NYC transfer tax rate is between 1% and 1.425% depending on the sale price. In addition to the NYC transfer tax, you must also pay the New York State transfer tax, which is either 0.4% or 0.65% depending on the sale price. The combined transfer tax burden in NYC could result in a 1.4% to 2.075% tax in total.