What costs should I expect when selling my home on Long Island?
Written and reviewed by Andrew Ragusa, Licensed Real Estate Broker and Broker of Record, REMI Realty LLC — 11+ years of transactions across Long Island, Brooklyn and Queens.
The short answer
The main costs when selling a home on Long Island usually include New York State transfer tax, real estate commission and attorney fees. Depending on the property and contract, there may also be buyer credits, title-related or payoff charges, outstanding bills and closing adjustments. Mortgage, HELOC and other lien payoffs affect the amount a seller receives, but they are debts being repaid rather than fees for selling the house. Read the full Seller’s Playbook breakdown of closing costs, transfer tax and estimated proceeds →