Long Island Seller Closing Cost Calculator
The 0.4% New York State transfer tax, commission, attorney and recording, by town. Outside NYC there is no 1.425% city transfer tax and no 0.25% state surcharge at $3M.
Your sale
On a $2.50M sale in Manhasset (Nassau County), seller closing costs run approximately $138,000 (5.52% of price). The seller pays the 0.4% NY State transfer tax; outside NYC there is no 1.425% city transfer tax and no 0.25% state surcharge at $3M+.
Statutory taxes
$10,000$2 per $500 of price (0.4%), seller-paid. The 0.25% additional tax at $3M+ applies only to NYC property. No local transfer tax applies in this town.
Source: NY Tax Law §1402
Broker + service fees
$128,000Estimated at 5%.
Source: Market typical (negotiable)
Range $2,000-$4,500.
Source: Market typical
Source: Nassau County Clerk schedule
Planning a Long Island sale?
The figures above are statutory taxes and estimated fees. Send the town and your price range to discuss the transaction and, where it connects to an NYC sale or purchase, how the two sides fit together.
The Roebling Team at Compass is a New York–licensed practice concentrated in Manhattan. For Long Island transactions, we typically collaborate with Compass agents specializing in Long Island market — clients get on-the-ground expertise on local inventory and dynamics while keeping the analytical framework consistent across their NY portfolio. This calculator is an informational research tool, not solicitation of representation.
For trans-market clients (Manhattan + Long Island portfolios) or to discuss your specific transaction, schedule a consultation. Where appropriate, we’ll introduce you to a vetted Compass agent specializing in Long Island.