Sunday, May 10, 2015

deep pockets

1.425% NYC Real Property Transfer Tax
0.400% NYS Real Estate Transfer Tax
1.000% NYS "Mansion" Tax ($1,000,000 and over)
1.000% NYC "Mansion" Tax ($1,750,000-$5,000,000)

Oh and don't forget you still have brokers fees and marketing on top of that 3.825%........

De Blasio proposes ‘mansion tax’ on homes over $1.7 million

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