Yes - while the New York State transfer tax (0.4%) applies uniformly, many counties and municipalities impose additional local transfer taxes. The NYC transfer tax (1% - 1.425%) is the most well-known, but the Peconic Bay Region of Long Island imposes a 2% Community Preservation Fund tax on top of the state tax. Research your municipality's rates before pricing to accurately model net proceeds.
From the seller playbook: Transfer Tax Variations by County and Municipality in New York
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.
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