Question 1

What does a flat-fee real estate attorney cost in NYC?

Accepted Answer

Flat-fee real estate attorney fees in NYC typically range from around $1,500 to $3,500 for residential closings, depending on whether you're buying or selling, the property type (co-op, condo, single-family, multi-family), and the complexity of the deal. Sponsor sales, commercial transactions, and 1031 exchanges price separately. We provide a precise quote within an hour of your initial inquiry — before any work begins. These are typical ranges, not promises — your matter might price within them, below them, or above them depending on the specific facts.

Question 2

Do I need a lawyer to buy a co-op or condo in New York?

Accepted Answer

Yes. New York real estate transactions effectively require attorney representation on both sides — sellers' contracts won't be accepted without buyer's counsel, and most lenders require it. For co-ops in particular, board packages, by-laws review, and proprietary lease analysis are highly technical work that's not optional.

Question 3

What's the New Jersey attorney review period and how does it work?

Accepted Answer

In New Jersey, after both buyer and seller sign a residential real estate contract, each side has a three-business-day window during which their attorney can disapprove or propose changes to the contract. Until that window closes (or both attorneys waive it), the contract is not binding. We use this period to negotiate terms, address contingencies, and protect your interests before the deal locks in.

Question 4

What are typical closing costs in NYC and New Jersey?

Accepted Answer

NYC closing costs for a buyer typically run 2–5% of the purchase price, depending on whether the property is a co-op, condo, or sponsor unit, and whether it's financed. Sellers pay 1–3% in transfer taxes, broker fees not included. New Jersey closing costs are generally lower for buyers (1–3%) and similar for sellers. Use our closing cost calculators for a property-specific estimate.

Question 5

Can you handle 1031 exchanges?

Accepted Answer

Yes. We coordinate with qualified intermediaries, manage the strict 45-day identification window and 180-day closing window, and review replacement property contracts to ensure exchange compliance. 1031 work is timing-critical — engage counsel before you list the relinquished property, not after.

Question 6

Do you handle commercial real estate?

Accepted Answer

Yes — both purchases and leases. We handle acquisitions and sales of office, retail, industrial, and mixed-use properties, plus drafting and negotiation of commercial leases for landlords and tenants. Standard commercial transactions fit cleanly into the flat-fee model. If your matter involves environmental due diligence, a multi-property portfolio, or other complex elements that genuinely can't be scoped up front, we'll tell you during the consultation if a different fee structure makes more sense.

Question 7

Do you handle real estate disputes or litigation?

Accepted Answer

No. We focus exclusively on transactional real estate work — closings, leases, contracts, and exchanges. Boundary disputes, contract litigation, partition actions, and landlord-tenant litigation aren't part of our practice. If your matter requires litigation, we'll tell you during your consultation and refer you to counsel that handles it.

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