New York Seller Net Sheet Calculator
Estimate your New York seller net sheet with payoff lines, credits, state-specific 2026 transfer tax, title insurance, attorney fees, property-tax proration, and official local transfer-tax overrides where available.
Preliminary screening tool only. Default values are illustrative examples — not market offers. New York costs use state-level averages that vary by county, property, and closing agent. Verify every number with local professionals (title, attorney, lender, CPA) before signing closing documents. This is not legal, tax, or investment advice.
How We Calculate New York Home Sale Costs
Transfer Taxes
NY RETT: New York uses a graduated transfer-tax schedule — each band's rate applies only to the portion of sale price within its threshold range.
Band Schedule
- 0.40% on first $3,000,000.00
- 0.65% on portion above $3,000,000.00
Source notes: State RETT $2/$500 base + 0.25% additional on $3M+ residential. Mansion Tax 1.0%-3.9% buyer-side (NYC) — out of v1.2 scope.
Title & Escrow
Title insurance custom: In New York, title insurance is typically paid by the buyer. Title policies protect against title defects discovered after closing; the lender requires their own policy regardless of who pays. The analyzer's estimate ($500 base + $4.50 per $1,000 over $100K) is calibrated against ALTA / TIRSA filings — real rates vary by carrier.
Closing protocol: New York requires an attorney to conduct closings.
Tax Proration & Cycles
Billing cycle: New York bills property taxes in arrears. If you sell mid-year, you owe the buyer a credit for the days you occupied the home — using a 365-day denominator (US settlement-statement industry standard).
2026 callout — NY mansion tier in force: New York's graduated state RETT (0.40% base + 0.25% additional on $3M+ residential) remains in force for 2026. The NYC mansion tax (1.0%-3.9% buyer-side) is out of v1.2 scope.
Closing Protocol
New York attorney/escrow fees typically range $1200-$2500 based on transaction complexity and locality. The analyzer defaults to the midpoint of this range for attorney states; override the default in the Advanced Disclosure if your closing agent quotes outside the typical range.
Typical New York seller closing costs
In New York, sellers typically pay around 8-10% of sale price in closing costs — agent commission (5-6%), ny rett (0.40% to 0.65% (graduated by sale price)), title insurance (buyer-paid), attorney closing fees, and arrears property-tax proration. For the full long-form breakdown across all 50 states, see the hub at /analyzers/home-sale-net-proceeds.
Compare New York with Similar Markets
These states share a similar seller-side cost profile to New York based on transfer tax, title-payer custom, closing protocol, and proration cycle. Click through to run your sale under each market's specific cost structure.
New York Home Sale FAQs
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