COOPERATIVE APARTMENTS

The estimated costs listed below are provided for reference purposes only as these costs do not represent the entirety of potential costs associated with any real property transaction.

FOR SELLER
Broker	2% to 6%
Own Attorney	$3,500 and up
Transfer Fee – Coop’s Agent	$500 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
	1.45% 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	$500-$1,000
Points*	0 to 3%
Application, credit and appraisal*	$300 to $1,500
Bank Attorney*	$750 to $1,000
UCC-1 Filing Fee*	$75 to $150
Short-term Interest	Upon to one month
Move-in Deposit*	$1,000 to $2,500
Coop Financing Fee	$200 and up
Lien Search	$00 to $600
Maintenance Adjustment	Up to one month
Mansion Tax	1% of purchase price if price is over $1,000,000
*Where applicable