Free Suffolk County, New York seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Suffolk County. The calculator applies New York and Suffolk County rates for you.
- Median home value
- $539,500
- Transfer tax on $540,000
- $2,160
- Seller costs on $540,000
- About $31,045
- Median property tax bill
- more than $10,000 a year
- Owner's title policy
- Buyer pays
- Population
- 1,525,680
Suffolk County transfer tax
On a $540,000 sale in Suffolk County, transfer taxes come to $2,160: NY State real estate transfer tax. By custom the seller pays it. A buyer who finances 80% of the price also pays $3,426 in mortgage taxes (Mortgage recording tax (Nassau/Suffolk/Putnam/Orange/Dutchess)). East Hampton, Southold, Riverhead and Southampton have their own rate.
| Tax | Rate | Paid by | On $540,000 |
|---|---|---|---|
| NY State real estate transfer tax | $2.00 per $500 | Seller | $2,160 |
| Mortgage recording tax (Nassau/Suffolk/Putnam/Orange/Dutchess) | 0.80% borrower (1.05% total) | Buyer | $3,426 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $1,000 | $0 | $1,000 |
| $500,000 | $2,000 | $0 | $2,000 |
| $540,000 local median value | $2,160 | $0 | $2,160 |
| $1,000,000 | $4,000 | $10,000 | $14,000 |
Example Suffolk County seller net sheet
A $540,000 sale, close to the county's median home value of $539,500, with a 5% commission and a $325,000 mortgage payoff. Seller costs come to about $31,045, or 5.7% of the price.
| Line | Seller |
|---|---|
| Sale price | $540,000 |
| First mortgage payoff | −$325,000 |
| Real estate commission (5%) | −$27,000 |
| NY State real estate transfer tax | −$2,160 |
| Settlement / closing fee | −$250 |
| Seller's attorney fee | −$1,500 |
| Release / satisfaction recording | −$60 |
| Wire / courier / payoff processing | −$75 |
| Estimated net before property tax prorations | $183,955 |
Who pays what in Suffolk County
In Suffolk County, the buyer customarily pays the owner's title policy. The settlement fee is paid by each side for its own closing. Closings are usually handled by an attorney, and each side normally has its own attorney.
Property taxes in Suffolk County
The median property tax bill for homeowners in Suffolk County is more than $10,000 a year (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in advance, so at closing the bill is prorated between buyer and seller to the closing date. Town/county taxes billed Jan 1 for the calendar year and school taxes Sep 1 for Jul-Jun are paid in advance; seller is usually credited for prepaid taxes.
Rates verified 2026-09-30. Home value and tax bill: Census Bureau American Community Survey, 2019–2023. A net sheet is an estimate; final figures come from the title company.
Suffolk County seller questions
How much is the transfer tax in Suffolk County, New York?
On a $540,000 sale in Suffolk County, transfer taxes come to $2,160: NY State real estate transfer tax. By custom the seller pays it. A buyer who finances 80% of the price also pays $3,426 in mortgage taxes (Mortgage recording tax (Nassau/Suffolk/Putnam/Orange/Dutchess)). East Hampton, Southold, Riverhead and Southampton have their own rate.
How much are seller closing costs in Suffolk County?
On a $540,000 sale, close to the median home value in Suffolk County, with a 5% commission, estimated seller costs are about $31,045 (5.7% of the price). Without commission they are about $4,045. The loan payoff and property tax proration change the final number.
Who pays for title insurance and closing fees in Suffolk County?
In Suffolk County, the buyer customarily pays the owner's title policy. The settlement fee is paid by each side for its own closing. Closings are usually handled by an attorney, and each side normally has its own attorney.
How much are property taxes in Suffolk County?
The median property tax bill for homeowners in Suffolk County is more than $10,000 a year (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in advance, so at closing the bill is prorated between buyer and seller to the closing date. Town/county taxes billed Jan 1 for the calendar year and school taxes Sep 1 for Jul-Jun are paid in advance; seller is usually credited for prepaid taxes.
Cities in Suffolk County
- Brookhaven
- West Babylon
- Coram
- Central Islip
- Commack
- Huntington Station
- Centereach
- Bay Shore
- East Hampton
- Shirley
- Deer Park
- Lindenhurst
- West Islip
- Holbrook
- Medford
- Dix Hills
- Smithtown
- Southold
- Copiague
- Selden
- East Patchogue
- Hauppauge
- North Bay Shore
- North Amityville
- Huntington
- East Northport
- Holtsville
- Melville
- Ronkonkoma
- Lake Ronkonkoma
- North Babylon
- Islip
- Hampton Bays
- Farmingville
- Mastic Beach
- Kings Park
- Sayville
- Riverhead
- Mastic
- Greenlawn
- Rocky Point
- East Islip
- St. James
- Nesconset
- Stony Brook
- Manorville
- Ridge
- Patchogue
- Babylon
- Mount Sinai
- Miller Place
- North Lindenhurst
- Elwood
- Lake Grove
- Middle Island
- North Bellport
- Terryville
- East Setauket
- Fort Salonga
- South Huntington
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