New York real estate transfer tax
New York's transfer tax is 0.4%, customarily seller-paid. Here's how it works, what it costs at common price points, and the statute behind it.
New York State charges $2.00 per $500 of price (0.4%), paid by the seller. On residential sales of $3M+ the state rate rises. New York City adds its own Real Property Transfer Tax (1% under $500k, 1.425% above) plus, on $1M+ homes, the buyer-paid 'mansion tax' (1%–3.9% by price band). NYC LLCs also face a newspaper publication quirk unrelated to transfer tax.
How New York compares nationally
0.4%, #16 of 51 nationally; at $400,000, that is $960 above the median $640 tax at $400,000. This is a data-derived comparison against the 51 source-verified state and DC transfer-tax records, with no invented rates for null-tax states.
- Rate rank
- #16 of 51
- highest state transfer-tax rate first
- Tax at $400,000
- $1,600
- median-state tax $640
- Dataset date
- 2026-Q2
- source-linked record
New York transfer-tax data: official source linked on this page, reviewed 2026-Q2.
What it costs at common prices
| Sale price | State transfer tax |
|---|---|
| $200,000 | $800 |
| $400,000 | $1,600 |
| $600,000 | $2,400 |
| $800,000 | $3,200 |
State-level only; county and city taxes may add to these figures.
Recent New York rule changes
Selected from the source-cited rule-change dataset by this state slug.
Look up your transfer tax
Current source data is loading. Until it finishes, the amount shown is a server-rendered static example and the controls are disabled.
Frequently asked questions
What is the real estate transfer tax in New York?
New York's transfer tax is 0.4% of the sale price, customarily seller-paid. New York State charges $2.00 per $500 of price (0.4%), paid by the seller. On residential sales of $3M+ the state rate rises. New York City adds its own Real Property Transfer Tax (1% under $500k, 1.425% above) plus, on $1M+ homes, the buyer-paid 'mansion tax' (1%–3.9% by price band). NYC LLCs also face a newspaper publication quirk unrelated to transfer tax.
Who pays the transfer tax in New York?
In New York the transfer tax is customarily seller-paid, though it's negotiable in the purchase contract.
How is New York's transfer tax calculated?
Multiply the sale price by 0.4%. For example, on a $400,000 home that's about $1,600. New York State charges $2.00 per $500 of price (0.4%), paid by the seller. On residential sales of $3M+ the state rate rises. New York City adds its own Real Property Transfer Tax (1% under $500k, 1.425% above) plus, on $1M+ homes, the buyer-paid 'mansion tax' (1%–3.9% by price band). NYC LLCs also face a newspaper publication quirk unrelated to transfer tax.
Closest transfer-tax comparisons
These links are selected by nearby verified transfer-tax rates, not by a static related list.