5 new condos where the sponsor pays the transfer tax and other closing costs

… the property is $499999 or less the tax is 1 percent of the purchase price For properties sold at $500000 and up the tax … fees can often add tens of thousands of dollars to the purchase price of an apartment In a strong market developers … cost savings to buyers while maintaining a higher official purchase price Sacks says The city records the closing price …

By Leah Hochbaum Rosner |January 13, 2020 - 9:00AM