eXp Realty NYC is committed to adhering to the guidelines of The New York State Fair Housing Regulations. 

Click to view the NYS Fair Housing Notice and NYS Fair Housing Disclosure.

Standard Operating Procedures for Purchasers of Real Estate Property Pursuant to Real Property Law §442-H

Closing Costs for the Buyer of a Manhattan Co-op
New York State Law requires a written letter of engagement if the legal fee will exceed $3,000. Non New York State residents should procure exemption for state transfer tax forms (TP-584) . These are only estimates. Please confirm closing costs for specific transactions with your attorney and/or mortgage representative.

Attorney$2,000 - $5,000*
Managing Agent Application Fee$500- $750
Credit Report Fee$50 - $100 per applicant
Lead-Based Paint Disclosure Fee$0 - $50
Mansion Tax1% of purchase price when priced over $1 million
Move-In Deposit$500 - $1,000 (usually refundable if no damage)
Origination Costs -Points 0 - 3% value of loan
Application , Credit Checks, etc.$500 & up
Appraisal$275 & up
Bank Attorney$500 & up
UCC-I Filing$50 & up
Recognition Agreement Fee$200 & up
Lien Search$350
Maintenance AdjustmentProrated for month of closing

* Check with bank/mortgage broker for additional fees . 

Revised 04-16
Lee Presser
Lee Presser
Lic. Associate Real Estate Broker
1501 Broadway 12th FL New York NY 10036