Richmond County, New York Closing Costs
On the $658,500 median Richmond County home, the county-specific closing items come to about $20,936: transfer tax $16,954, title insurance $3,890, recording fees $92. Lender fees, appraisal and prepaids are added by the loan, not the county.
County-specific closing costs by purchase price
| Purchase price | Transfer tax | Title insurance (both policies) | Recording fees | Total |
|---|---|---|---|---|
| $150,000 | $3,673 | $1,225 | $92 | $4,990 |
| $200,000 | $4,898 | $1,494 | $92 | $6,484 |
| $250,000 | $6,123 | $1,763 | $92 | $7,978 |
| $300,000 | $7,348 | $2,032 | $92 | $9,472 |
| $350,000 | $8,573 | $2,301 | $92 | $10,966 |
| $400,000 | $9,798 | $2,570 | $92 | $12,460 |
| $450,000 | $11,023 | $2,839 | $92 | $13,954 |
| $500,000 | $12,873 | $3,108 | $92 | $16,073 |
| $600,000 | $15,448 | $3,600 | $92 | $19,140 |
| $700,000 | $18,023 | $4,091 | $92 | $22,206 |
| $800,000 | $20,598 | $4,583 | $92 | $25,273 |
| $1,000,000 | $35,748 | $5,565 | $92 | $41,405 |
Frequently asked questions
How much are closing costs in Richmond County?
On the $658,500 median home, the county-specific items come to about $20,936: transfer tax $16,954 including NYC combined Mortgage Recording Tax (Staten Island / Richmond County), title insurance $2,992 for the owner's policy and $898 for the lender's, and about $92 to record the deed and mortgage. Lender fees, an appraisal, prepaid taxes and insurance come on top and depend on the loan.
Who pays these in Richmond County?
The seller customarily pays the New York transfer tax. Who pays the owner's title policy is negotiable; the buyer pays the lender's policy and the mortgage recording fee.
Sources
- U.S. Census Bureau, ACS 2019-2023 five-year estimates, table B25077 (median value of owner-occupied housing units)
- NY Tax Law Article 31
- Richmond County Clerk, Recording Fees and Taxes
- TIRSA Rate Manual, Seventh Revision, approved by NYDFS June 10, 2024, effective October 1, 2024
- Richmond County Clerk (Staten Island; unlike the other four NYC boroughs, Staten Island records in person with the County Clerk rather than through ACRIS) fee schedule
Figures are computed from the documents above and rounded to the dollar. All sources.
All New York buyer closing costs → Richmond County home buyer guide →
Figures are computed from the documents above and rounded to the dollar. General information, not financial advice.
Richmond County overview