Transfer Tax on a $350,000 Home in New York

The New York transfer tax on a $350,000 purchase is $1,398 (0.4% of the purchase price). In New York City the total is $4,898.

Nearby prices

Purchase priceState taxMansion taxTotal
$150,000$598$0$598
$200,000$798$0$798
$250,000$998$0$998
$300,000$1,198$0$1,198
$350,000$1,398$0$1,398
$400,000$1,598$0$1,598
$450,000$1,798$0$1,798
$500,000$1,998$0$1,998
$600,000$2,398$0$2,398
$700,000$2,798$0$2,798
$800,000$3,198$0$3,198
$1,000,000$3,998$10,000$13,998

Transfer tax calculator

Who pays

In New York the seller pays the transfer tax by statute or custom, so it usually reduces the seller's proceeds rather than adding to the buyer's closing costs. Paid by the seller/grantor by default; may shift to the buyer by contract, or if the seller fails to pay or is exempt. Source

With a local surcharge

Frequently asked questions

How much is the transfer tax on a $350,000 house in New York?

$1,398: the state rate is 0.4% of the purchase price. In New York City and Erie County a local tax is added on top.

Who pays it?

In New York the seller pays the transfer tax by statute or custom, so it usually reduces the seller's proceeds rather than adding to the buyer's closing costs. Paid by the seller/grantor by default; may shift to the buyer by contract, or if the seller fails to pay or is exempt. Source

Sources

Rates as the statute or revenue department publishes them, checked 2026-09-22. Figures are computed from those rates and rounded to the dollar; exemptions for first-time buyers or principal residences are noted where they exist and are not applied. All sources.

New York transfer tax overview → Title insurance on a $350,000 home in New York →

Figures are computed from the statute cited above and rounded to the dollar. This is general information, not tax or legal advice.

New York transfer tax