Yes, absent a transaction-specific exemption. NYC Finance includes cooperative housing stock shares and individual cooperative apartments within RPTT coverage.
From the seller playbook: NYS and NYC Transfer Tax - Verified Net-Proceeds Planning
This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.
More questions on this topic
List for free, or go full service for 1%.
Use the playbook yourself, or let us run pricing, marketing and negotiation.