Find out what you'll walk away with after selling your NYC or Miami property. Transfer taxes, commission, fees — all calculated instantly.
A net proceeds calculator built for serious sellers in New York and Miami. Model seller closing costs — commissions, transfer taxes, co-op flip tax, attorney and building fees — then preview how that capital redeploys into a Miami reinvestment. Use it to pressure-test a sale, benchmark what you’ll actually net at closing, and frame the next allocation before engaging advisory counsel.
Sale price is only part of the equation. Net proceeds — after commissions, taxes, and closing costs — determine your purchasing power and reinvestment options.
NYC & Miami — Accurate to 2026 Tax & Fee Schedules
Flip tax varies by co-op. Check your building's policy.
Total seller costs are typically in the range of 8–10% of the sale price.
Your net proceeds impact your budget for your next purchase, whether relocating to another market makes financial sense, and your ability to defer taxes through reinvestment strategies.
Total seller closing costs in New York City typically run 7–10% of the sale price. That includes a 5–6% brokerage commission, NYS transfer tax of 0.4–0.65%, NYC transfer tax of 1.0–1.425% on most condo sales, attorney fees of $3,500–$5,000, and a co-op flip tax where applicable. The range narrows once you specify whether the unit is a condo or co-op.
A flip tax is a fee paid by the seller (occasionally the buyer) to a co-op corporation at closing, set by the co-op’s bylaws. It is typically 1–3% of the sale price, a flat per-share amount, or 15–30% of the seller’s profit. Flip taxes exist to fund building reserves and are a defining reason co-ops sometimes net less than comparably priced condos.
Miami seller closing costs generally total 6.5–8% of the sale price. That covers 5–6% commission, 0.6% Miami-Dade documentary stamp tax, roughly 0.5% seller-paid title insurance, attorney fees of $1,500–$3,500, and standard estoppel, lien search, and recording fees. Miami’s seller-side cost load sits meaningfully below NYC’s.
Yes. On a matched sale price, NYC sellers typically pay 3–5 percentage points more than Miami sellers, driven by NYC’s transfer tax stack (up to 2.075% combined) and co-op flip taxes. On a $5M sale that is roughly $150,000–$250,000 in additional frictional cost. This is a primary reason the Manhattan-to-Miami capital corridor keeps widening.
Net proceeds = sale price − brokerage commission − transfer/documentary taxes − seller attorney and closing fees − building-specific charges (flip tax, working capital, move-out fees) − outstanding mortgage payoff. Use the calculator above to model these line items for NYC or Miami, then pressure-test against a specific building before signing a listing agreement.
Yes — it is one of the most common strategies we advise on. Sellers use NYC proceeds to acquire Miami primary or pied-à-terre residences, often securing more square footage, newer construction, and a more favorable tax base. A 1031 exchange is not available for a personal residence, but coordinated timing, domicile planning, and reinvestment structure still produce meaningful after-tax outcomes.