DiBari Realty LLC
The Art Of Downtown Living!
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Key Points For Sellers:
Congratulations! You are about to embark on one of
your most important and exciting asset decisions. You
have found the right company to see you through this
complex process. Contact us today to start this
rewarding process.
Costs to Seller: (ALL costs are estimates to give you an idea of what to expect).
Broker : Typically 6%
Your Attorney : $2,000 and up
Managing Agent : $500
Move-out Deposit Fee : $1,000
COOP Stock Transfer Tax $0.05 per Share
Flip Tax for Coops according to agreement.
New York City Transfer Tax : 1% of price up to $500,000 or 1.425% of entire price
when price exceeds $500,000
New York State Transfer Tax : 0.4% (.004) of price
Satisfaction of Mortgage Fees : $450
Coop UCC-3 Filing Fee when there is a mortgage $50
E Tax Filing (ACRIS) : $150
Gains Tax Withholding : 7.7% of gain(out of State Seller)
Non US Resident (FIRPTA) : 10% of price when withheld or paid
