Use this interactive NYC, NY State & Florida Seller Closing Cost, Transfer Tax (RPT) & Flip Tax Calculator (2026) to model your exact 2026 financial, tax, mortgage, or closing cost position across New York City, New York State, New Jersey, Connecticut, Massachusetts, Pennsylvania, and Florida—with zero personal information required. Click any 1-Click Benchmark pill inside the simulator to load verified East Coast scenarios, or click Copy Custom Scenario Link to share a deep-linked calculation.
NYC, NY State & Florida Home Seller Closing Cost & Transfer Tax Calculator (2026)
Calculates net cash proceeds after NYC Real Property Transfer Tax (1.0%–1.425%), NYS Transfer Tax (0.40%–0.65%), Co-op Flip Tax, Florida Documentary Stamp Tax ($0.60/$0.70 per $100), and broker commissions.
For a comprehensive line-by-line legal breakdown, worked household examples, and filing instructions, read our companion pillar report: Complete 2026 Statutory Guide & Case Studies →
2026 Statutory Parameters, Rates & Legal Citations
| Statutory Component | 2026 Rate / Limit | Application & Thresholds | Primary Authority |
|---|---|---|---|
| NYC Real Property Transfer Tax (RPTT ≤ $500k) | 1.00% of Sale Price | Applies to 1–3 family homes, condos & co-ops in all 5 boroughs | NYC Admin. Code § 11-2102 |
| NYC Real Property Transfer Tax (RPTT > $500k) | 1.425% of Sale Price | Applies to entire sale price once consideration exceeds $500,000 | NYC DOF Form NYC-RPT |
| NYS Real Estate Transfer Tax (< $3,000,000) | 0.40% ($2 per $500) | Statewide seller transfer tax across NY State and NYC | NY Tax Law § 1402 |
| NYS Luxury Transfer Tax (≥ $3,000,000 Residential) | 0.65% ($3.25 per $500) | Includes 0.25% supplemental seller tax on NYC/MCTD sales ≥ $3M | Form TP-584 |
| Florida Deed Documentary Stamp Tax | 0.70% (0.60% Miami-Dade SF) | $0.70 per $100 statewide; $0.60 per $100 on Miami-Dade single-family | Fla. Stat. § 201.02 |
Frequently Asked Questions & Statutory Rules (2026)
What is the total combined NYC and NYS Transfer Tax for a residential seller in 2026?
For residential sales above $500,000 and below $3,000,000 in New York City, the combined statutory transfer tax is 1.825% (1.425% NYC RPTT + 0.40% NYS Transfer Tax). Once a residential sale reaches $3,000,000 or more, the NYS rate rises to 0.65%, bringing the combined transfer tax to 2.075%.
Do NYC co-op sellers pay the same 1.425% NYC Real Property Transfer Tax as condo sellers?
Yes. Both co-op share transfers and condo/townhouse deed transfers are subject to the exact same 1.00% / 1.425% NYC RPTT and 0.40% / 0.65% NYS Transfer Tax—and co-op sellers often also owe a 1% to 3% building Flip Tax.
What is the "Continuing Lien Deduction" on NYC Co-op and 1–3 Family Transfer Taxes?
Under NYC and NYS transfer tax rules, if a buyer assumes an existing mortgage or if a co-op apartment is sold, NYC allows sellers to deduct their pro-rata share of the co-op building’s underlying mortgage from the taxable consideration before multiplying by 1.425%.
How do Florida seller closing costs compare with New York City?
Florida sellers do not pay a city transfer tax; instead, they pay the Florida Documentary Stamp Tax on the deed of 0.70% ($0.60% for single-family homes in Miami-Dade County), saving 1.125% to 1.375% in transfer taxes compared with NYC.