Buy Your Dream Home
Expert guidance through every step of your NYC home purchase
Why The Victoria Shtainer Team
Persistence & Focus
Our team values every client we represent and getting the deal done. Our collaborative team dynamic means we are always there for our clients. Many times when other agents could not deliver because their priorities lie elsewhere, our team has delivered.
A Fresh Perspective
We bring a fresh perspective in both a traditional and innovative sense. We see opportunities where others cannot conceptualize with traditional tactics such as staging and design. Additionally, we are a leading team in cutting-edge trends, quick to adopt the newest social marketing tactics and channels.
Market Expertise
When you are entrusting us with one of the biggest decisions of your life you do not have to worry about staying in the loop with the latest market data, trends, and feedback. We are constantly analyzing market data and conducting competitive market analyses to ensure you make an informed purchase.
Powered by Compass
Our extensive in-market experience is complemented by Compass technology, Coming Soon strategy, Bridge Loan resources, and a deeply connected agent network. We pair that platform with boutique, highly personal advisory so each buyer receives guidance tailored to their timing, property goals, and lifestyle.
Comprehensive Buyer Services
Personalized Showings
We schedule and accompany you to viewings, ensuring a seamless and informed experience at every property you tour.
Unmatched Communication
Calls, texts, and emails are answered promptly — because your time matters and the NYC market moves fast.
A Proven Team at Your Service
Home inspectors, attorneys, and mortgage professionals are pre-vetted and ready to act, eliminating delays once an offer is accepted.
Strategic Offer Guidance
We provide detailed Comparable Market Analyses (CMA) to determine a property’s true value and craft winning offer strategies, including multiple-bid scenarios.
In-Depth Property Research
We investigate Department of Buildings records, tax history, and other key details to protect your investment and ensure full transparency before you commit.
Seamless Closing Process
From offer acceptance to closing, we guide you through inspections, contract negotiations, and the intricate preparation of Co-op and Condo board applications.
Buyer Tools
Plan Your Purchase
Estimate your monthly mortgage, break down anticipated closing costs, and compare the true long-term cost of buying versus renting — all tailored to New York City transactions.
Mortgage Calculator
Estimate your monthly payment including principal, interest, property taxes, and common charges.
Estimated Monthly Payment
$—
- Principal & Interest—
- Property Taxes—
- HOA / Common Charges—
- Loan Amount—
- Down Payment—
- Total Interest Paid—
- Total Paid Over Term—
Estimates for planning purposes. Actual rates and payments vary by lender. Property tax rates vary by building.
Buyer Closing Cost Calculator
Estimate total closing costs for a NYC purchase based on property type. Figures shown as typical mid-range estimates — final costs vary by transaction.
Estimated Closing Costs
$—
Approximately — of purchase price
Estimates assume resale unless New Development is checked. Mansion Tax applies to transactions of $1M or more. Consult your attorney and lender for exact figures.
Rent vs Buy Calculator
Compare the full cost of owning vs renting over your anticipated time horizon, including equity gained and opportunity cost.
Net Cost Comparison
If You Buy
$—
If You Rent
$—
Breakeven Point: —
Includes mortgage payments, taxes, HOA, closing & selling costs, plus opportunity cost of the down payment if invested. Estimates are educational — consult a financial advisor for personalized advice.
Know Before You Buy
Estimated Closing Costs for the Purchaser
The fees associated with a New York City purchase vary by property type. Review the breakdown below to understand what to expect.
| Fee | Estimated Cost |
| Attorney | |
| Your Attorney | Consult your attorney ~$2,500 – $5,000+ |
| Bank | |
| Points | ~0 – 3% of the loan value |
| Bank Application, Credit Check, etc. | $400 – $600 |
| Bank Attorney | $900 – $1,500 |
| Appraisal | $300 – $1,500 |
| Tax Escrow | ~2 – 6 months of property taxes |
| Mortgage Recording Tax | 1.8% of mortgage amount < $500,000 1.925% of mortgage amount > $500,000+ |
| Mortgage Origination Fee | ~0 – 3% of loan amount |
| Building | |
| Board Package Processing Fees | $500 – $2,000 |
| Move-in Fee | $250 – $1,000 |
| Move-in Deposit | $500 – $1,500 (refundable) |
| Common Charges Adjustment | Pro-rated during the month of closing |
| Condo Credit Check | $300 – $500 per buyer |
| New Development | |
| Residential NYC Transfer Tax* | 1% < $500,000 1.425% > $500,000+ |
| Progressive NY State Transfer Tax* | 0.4% for Residential transactions < $3M 0.65% for Residential transactions > $3M |
| Government & Title | |
| Recording Fees | ~$250 |
| Title Insurance | ~0.45% of purchase price |
| Municipal Searches | $350 – $500 |
| Real Estate Tax Adjustment | Pro-rated amount depends on when the tax is collected |
| Mansion Tax | $1M to < $2M: 1.00% $2M to < $3M: 1.25% $3M to < $5M: 1.50% $5M to < $10M: 2.25% $10M to < $15M: 3.25% $15M to < $20M: 3.50% $20M to < $25M: 3.75% $25M or more: 3.90% |
| Residential Deed Transfers Title | $75 |
| Fee Closer | $100 – $500 |
| Lenders Policy Title Insurance | Rates may vary |
*NYC & NYS Transfer Taxes are paid by the purchaser in the case of a new development.
| Fee | Estimated Cost |
| Attorney | |
| Your Attorney | Consult your attorney ~$2,500 – $5,000+ |
| Lien Search Fee | ~$350 |
| Bank | |
| Points | ~0 – 3% of the loan value |
| Bank Application, Credit Check, etc. | $400 – $600 |
| Bank Attorney | $900 – $1,500 |
| Mortgage Origination Rate | ~0 – 3% of the loan value |
| UCC-1 Filing | $125 |
| Appraisal | ~$300 – $1,500 |
| Building | |
| Board Package Processing Fees | $500 – $2,000 |
| Credit Check Fee | $100 – $300 per buyer |
| Move-in Fee | $250 – $500 |
| Move-in Deposit | $500 – $1,000 (refundable) |
| Maintenance Adjustment | Pro-rated for the month of closing |
| Recognition Agreement Fee | $200 – $300 |
| Miscellaneous Co-op Charges | Varies by building. Consult the co-op’s transfer agent & board package |
| Government | |
| Transfer Tax Filing Fee | $125 |
| Mansion Tax | $1M to < $2M: 1.00% $2M to < $3M: 1.25% $3M to < $5M: 1.50% $5M to < $10M: 2.25% $10M to < $15M: 3.25% $15M to < $20M: 3.50% $20M to < $25M: 3.75% $25M or more: 3.90% |
| Representation | |
| Buyer Advisory | Contact us to discuss |
| Fee | Estimated Cost |
| Attorney | |
| Your Attorney | Consult your attorney ~$2,500 – $5,000+ |
| Bank | |
| Points | ~0 – 3% of the loan value |
| Bank Loan Application Fees | $400 – $600 |
| Bank Attorney | $900 – $1,500 |
| Appraisal | ~$300 – $1,500 |
| Tax Escrow | ~2 – 6 months of property taxes |
| Lenders Policy Title Insurance | Rates may vary |
| Mortgage Origination Fee | ~0 – 3% of loan value |
| Mortgage Recording Tax | 1.8% of mortgage amount < $500,000 1.925% of mortgage amount > $500,000+ |
| Government | |
| Recording Fees | ~$250 |
| Municipal Search | 0.4% of purchase price |
| Miscellaneous Title Fees | $100 |
| Real Estate Tax Adjustment | $125 |
| Mansion Tax | $1M to < $2M: 1.00% $2M to < $3M: 1.25% $3M to < $5M: 1.50% $5M to < $10M: 2.25% $10M to < $15M: 3.25% $15M to < $20M: 3.50% $20M to < $25M: 3.75% $25M or more: 3.90% |
What Our Clients Say
About the Team
The Victoria Shtainer Team
With over a decade of experience navigating New York City’s most competitive luxury market, The Victoria Shtainer Team at Compass brings persistence, fresh perspective, and deep market expertise to every transaction. As a former litigator, Victoria’s sharp negotiation skills and strategic mindset make her an exceptionally strong advocate—whether positioning a property for maximum value or securing the perfect home for a discerning buyer. The team sees opportunities where others can’t, pairing innovative marketing with data-driven pricing to consistently deliver results. Powered by Compass’s industry-leading technology, Coming Soon strategy, and Bridge Loan resources, the team offers clients a level of service and market access that few can match.
Frequently Asked Questions About Buying in NYC
What’s the difference between a co-op and a condo?
Condos offer more flexibility with fewer restrictions on subletting and renovations, while co-ops typically have lower prices but stricter board approval processes and ownership requirements. We help you understand which option best fits your lifestyle and investment goals.
How much do I need for a down payment in NYC?
Down payment requirements vary: condos typically require 10–20%, while co-ops often require 20–50% of the purchase price. We connect you with mortgage professionals who specialize in NYC transactions to explore all financing options.
How long does the buying process take?
From initial search to closing, the process typically takes 2–4 months depending on property type. Co-op board approvals can add additional time. We streamline every step to keep your transaction on track.
Do I need a buyer’s agent in NYC?
Yes. Buyer representation should be discussed privately because every search, property, and agreement is different. Contact The Victoria Shtainer Team for bespoke guidance on advisory terms and how we protect your interests through the purchase.
What is a Compass Bridge Loan?
Compass Bridge Loans help you unlock the equity in your current home to make a stronger offer on your next one, before your existing property sells. This gives you a competitive edge in NYC’s fast-moving market.
Ready to Find Your Home?
Let The Victoria Shtainer Team guide you through New York City’s most competitive luxury market. Start your search today.
Start Your Search