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… expect and others unique to New York For sellers closing costs take a serious bite out of the proceeds For buyers … purchasing power and may affect your decision to choose one apartment over another So its crucial to understand the big … high or an apartment is difficult to sell a seller or developer may be willing to cover some costs to seal a deal …
… Most buildings will impose a flip tax or transfer fee of about 1 to 2 percent of the sales price according to our … a seller in a tough market Manhattan condos and coops spent about two and a half months on the market in the fourth … article contained reporting by Donna Airoldi Trouble at home Get your NYC apartmentdweller questions answered by an …