Seller Closing Costs on Long Island NY — Detailed 2026 Breakdown
If you've ever asked "why are closing costs so high in New York?", this article is your answer. Long Island sellers face a stacked combination of commission, statutory taxes, attorney fees, and prorated property taxes that runs 8-11% of sale price on a typical traditional sale. Below is every line item you'll see on your HUD-1 / ALTA Settlement Statement, what it costs, what it covers, and what you can negotiate.
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