|
Property
Type And Transaction Value
|
NYC
RPT
|
New
York State Documentary Stamps
|
"Mansion
Tax"
|
MTGE
Tax (NYC) (Except Co-Op)
|
| 1-2-3 Family
Residential, Co-Op or Condo Unit less than $500,000.00 |
1% of conveyance
price |
$2 per
$500 of conveyance price |
N/A |
2.05% minus
$30 for 1-2 family |
| 1-2-3 Family Residential, Co-Op or Condo Unit exactly $500,000.00 |
1% of conveyance price |
$2 per $500 of conveyance price |
N/A |
2.175% minus $30 for 1-2 family |
| 1-2-3 Family
Residential, Co-Op or Condo Unit above $500,000 to $999,999 |
1.425% |
$2 per
$500 |
N/A |
2.175%
minus $30 for 1-2 family |
| 1-2-3 Family Residential, Co-Op or Condo Unit $1,000,000 or more |
1.425% |
$2 per $500 |
1% or sales price payable by grantee (Grantor pays if grantee is exempt) |
2.175% minus $30 for 1-2 family |
| All others
up to $500,000 |
1.425% |
$2 per
$500 |
N/A |
2.05% |
| All others exactly $500,000 |
1.425% |
$2 per $500 |
N/A |
2.8% |
| All others above
$500,000 |
2.625% |
$2 per
$500 |
N/A |
2.8% |
| Payment
due date (delivery date is presumed to be date shown on instrument) |
30 days
after delivery |
15 days
after delivery |
15 days
after delivery |
Upon recording |
| Penalty
for late payment |
5% per
month, (up to 25%) plus interest |
10% penalty
plus 2% interest penalty (up to 25%) plus interest |
same as
for deed stamps |
N/A |
|
The information provided is believed to be accurate, but is
not guaranteed.While care has been taken in preparation of this document,
warranty or representation of accuracy is not made. This chart is
for reference only.
|
