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Calculator · New York

New York Transfer Tax Calculator

Run the exact New York transfer tax for any deed — the statewide base tax, the mansion tax and the local transfer taxes that apply to the property's address. The same engine our closing desk uses.

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Statewide rates

ItemRateWho pays / rule
Base transfer tax$2 per $500 or fractionSeller. Taxable when consideration exceeds $500.
Mansion tax (residential)1% of the entire considerationBuyer. Applies at $1,000,000 or more.
Filing deadline15 days after delivery of the deedForm TP-584 (TP-584-NYC in New York City).

Figures are drawn from the same rate book the calculator runs on.

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Questions

Frequently asked

How is New York transfer tax calculated?

The statewide tax is $2 for each $500 of consideration or fraction of $500, charged when the consideration exceeds $500. The seller pays it.

When does the New York mansion tax apply?

On residential property sold for $1,000,000 or more. It is 1% of the entire consideration, and the buyer pays it.

When is the transfer tax return due?

The TP-584 is filed and the tax paid within 15 days after delivery of the deed.

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