New York City Transfer Tax Calculator

Every layer that applies to a New York City sale, added up.

Verified September 21, 2026 · city ordinance and state source checked

Sale price (USD)

Who pays in New York City

Split. The seller pays the city transfer tax and the state base tax. The buyer pays the mansion tax and the NYC supplemental tax.

What catches people out

The mansion tax and its NYC supplement apply to the entire price, not just the part above the line. Buying at $1,000,001 instead of $999,999 costs an extra $10,000. At $3 million four separate taxes apply at once.

Sources

NYC Department of Finance, Real Property Transfer Tax
“If the value is $500,000 or less, the rate is 1% of the price. If the value is more than $500,000 the rate is 1.425%.”

Instructions for Form TP-584-NYC (8/25)
“At least $2,000,000 but less than $3,000,000 One-quarter of one percent (.25%) ... At least $25,000,000 (2.9%) ... The additional tax and supplemental tax are paid by the grantee”

Last verified: September 21, 2026.

See the full New York transfer tax rules →

Estimates only. Your closing agent or the county recorder issues the final figure. This page does not collect or store anything you enter.