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. If you are still deciding how to bring the property to market, read Private Listing vs. Public Listing: What Sellers Should Know.
NYC & Miami, Accurate to 2026 Tax & Fee Schedules
Flip tax varies by co-op. Check your building's policy.
Use this to model the lender payoff that will be deducted from gross proceeds at closing.
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-Dade seller closing costs generally total roughly 6-7% of the sale price. That covers 5-6% commission, 0.6% Miami-Dade documentary stamp tax, attorney fees of $1,500-$3,500, and standard estoppel, lien search, and recording fees; by county custom the buyer pays the owner's title policy in Miami-Dade. Miami’s seller-side cost load sits meaningfully below NYC’s.
Yes. On a matched sale price, NYC condo sellers typically pay about 1.5 percentage points more than Miami-Dade sellers, driven by NYC’s transfer tax stack (up to 2.075% combined), and co-op sellers 2.5 to 4.5 points more once a 1-3% flip tax applies. On a $5M sale that is roughly $75,000 on a condo and $125,000 to $225,000 on a co-op. 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.
Seller proceeds often feed the next purchase. Compare buying power, financing cost, NYC vs Miami closing costs, and the full real estate calculator hub.