Every layer that applies to a Southampton sale, added up.
Buyer, under New York Tax Law section 1449-dd. If the buyer is exempt the seller must pay.
The $400,000 allowance disappears entirely once the price passes $2 million, so a $2,000,001 sale pays 2.5 percent on the whole amount. First-time buyers can apply to the town for a further exemption. Commercial property gets no allowance at all.
See the full New York transfer tax rules →
Estimates only. Your closing agent or the county recorder issues the final figure. This page does not collect or store anything you enter.