In New York, the seller of the property is typically the individual responsible for paying the real estate transfer tax, but if he or she does not pay or is exempt from the tax, the buyer must pay. The buyer is usually responsible for the 1% additional real estate transfer tax on properties worth $1 million or more.
https://smartasset.com/mortgage/real-estate-transfer-taxes-in-new-york
NEW YORK STATE TRANSFER TAX - ALL COUNTIES (Usually paid by the Seller): $4.00 per $1,000.00 of Consideration (or $2.00 per $500.00 of Consideration) REAL PROPERTY TRANSFER TAX (NYC) – (Usually paid by the seller): 1 – 3 Family Home, Co-op or Condominium: $500,000.00 or less 1% of Consideration.
http://easternabstractny.com/pdf/transfertax-mortgagetaxinfo.pdf
You must pay the Real Property Transfer Tax (RPTT) on sales, grants, assignments, transfers or surrenders of real property in New York City.
http://www1.nyc.gov/site/finance/taxes/property-real-property-transfer-tax-rptt.page
If your property is located in Staten Island (Richmond County), complete the Form NYC-RPT. The form has been revised effective March 24, 2017 for Claiming a New York City Real Property Transfer Tax Exemption for Transfers to or from Housing Development Fund Companies (HDFC).
http://www1.nyc.gov/site/finance/taxes/property-real-property-transfer-tax-rptt.page
2% of the difference between the consideration and the median sale price of residential real property in Dutchess County (obtained from this website) if the consideration is above the median sale price. The Town of Red Hook Community Preservation Fund Transfer Tax is paid by the purchaser.
https://www.advantagetitle.com/new-york-transfer-tax.php
State transfer tax is paid by the seller. Consideration of $25,000 or less is exempt. New York City transfer tax is paid by the seller. The applicable exemption amount is subtracted from the purchase price; then calculate the 1% tax. Mount Vernon transfer tax is paid by the seller.
https://www.advantagetitle.com/new-york-transfer-tax.php
The tax is usually paid as part of closing costs at the sale or transfer of property. If the value is $500,000 or less, the rate is 1% of the price. If the value is more than $500,000 the rate is 1.425%.
http://www1.nyc.gov/site/finance/taxes/property-real-property-transfer-tax-rptt.page
Posted December 2, 2014 6:46pm. Technically, the seller is supposed to pay the tax. However, if the seller does not pay the tax, then the buyer must pay the tax. The Tax Department has a summary explanation here: http://www.tax.ny.gov/bus/transfer/rptidx.htm.
https://www.avvo.com/legal-answers/who-pays-real-estate-transfer-taxes-in-ny--1977105.html
Coloradans have it good with a transfer tax rate of 0.01% while people in Pittsburgh have reason to pout about their 4% rate. In New York, the transfer tax is calculated at a rate of two dollars for every $500, so for a $300k home, the real estate transfer tax would come to $1,200. For properties that sell at $1 million or more, there is an additional real estate transfer tax of 1% that is sometimes referred to as the mansion tax.
https://smartasset.com/mortgage/real-estate-transfer-taxes-in-new-york
New York City Closing Costs. This closing cost guide is designed to give you the general costs associated with the purchase or sale of a cooperative, condominium or townhouse property. Please note that these are estimates and that potential buyers and sellers should consult their real estate attorney or financial advisor for specifics.
https://www.elliman.com/reports-and-guides/guides/new-york-city/closing-costs
who pays transfer tax in ny
The seller pays the transfer tax in New York.   The seller pays transfer tax in New York.