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Meet Your Battery Park City Team

Our Style is Focus!

As a successful commercial residential team, we welcome the opportunity to service you towards selling/purchasing in the
Battery Park City Community.

We look forward in making the selling or purchasing of your
Battery Park City home a pleasurable reality.        
THANK YOU!



Ways to List Your Home


Exclusive Right to Sell.....Only the broker can sell the property. If the owner sells the property, a commission is owed unless some other arrangement is worked out.

Exclusive Agency.....
The property is listed with one broker, but the owner may sell it, without paying a commission, to a purchaser who did not come through the broker. But, if a broker other than the listing broker sells the property, the owner has to pay a commission to both the listings broker and the selling broker.


Estimated Condominium Closing Costs

Sellers/Buyers


Broker Commission    
6% 
Attorney Fee
$1,500.00 and up
Attorney Fee 
$1,500.00 and up
Bank Points
0 to 3% of the mortgage amount
Managing Agent Processing Fee
$450.00 - $650.00
Bank Attorney Fee
$500.00 - $700.00
Move-Out Fee  
$500.00      
Bank Application Credit Check
$500.00
New York City Transfer Tax
1% of purchase price of $500,000.00 or less
1.425% of purchase price above $500,000.00
Bank Recording Fee
 
$150.00
New York State Transfer Tax 
0.4% of purchase price  
Tax Escrows
2 to 6 months
Title and Recording Fee
 
$100.00      


Mortgage Tax
2% of mortgage amount under  
$500,000.00
2.125% of mortgage amount over $500,000.00
Mortgage Satisfaction Fee
$150.00 - $300.00 

Title Insurance
Varied rates based on New York Law
insurance increases

Violation Search
$250.00

Managing Agent Fee
 
$250.00

Common Charges Adjustments
One Month

Real Estate Tax Adjustments
One to Five Months

Mansion Tax
1% of total price over $1,000,000.00

Title Closer Fee
$100.00 - $150.00 

Please Forward All Mail Correspondence to Our Corporate Mail Box:
C/O Innovation Group of New York, Inc.
P.O. Box 3405, Church St. Station
New York, New York 10008-3405