NYC Mansion Tax Calculator
Calculate NYC Mansion Tax and transfer taxes for your property purchase based on sale price and property type.
Property Details
💡 About NYC Transfer Taxes
NYC transfer taxes vary by property type. Residential properties under $1M don't pay mansion tax, while commercial properties have higher transfer tax rates.
Estimated Total Transfer Taxes
$42,375
2.83% of purchase price
NYS Mansion Tax
$15,000
1%
NYS Transfer Tax
$6,000
0.4%
NYC Transfer Tax
$21,375
1.43%
Seller Pays
$27,375
1.83%
Buyer Pays
$15,000
1%
Buyer Pays: $15,000 (1%) in mansion tax
Seller Pays: $27,375 (1.83%) in transfer taxes
Transaction Summary
Sale Price
$1,500,000
Total Taxes
$42,375
Buyer Pays
$15,000
Seller Pays
$27,375
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