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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.
Statewide rates
| Item | Rate | Who pays / rule |
|---|---|---|
| Base transfer tax | $2 per $500 or fraction | Seller. Taxable when consideration exceeds $500. |
| Mansion tax (residential) | 1% of the entire consideration | Buyer. Applies at $1,000,000 or more. |
| Filing deadline | 15 days after delivery of the deed | Form TP-584 (TP-584-NYC in New York City). |
Figures are drawn from the same rate book the calculator runs on.
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.
