12/05/2025- Mount Vernon Transfer Tax Increased to 1.5%

On December 5, 2025, bill A348/S7322 was signed and chaptered by the Governor.  This law became effective immediately.

The new law increases the transfer tax by 1.5% and raises the consideration level from $50,000 to $100,000.  The City of Mount Vernon will issue a notice when the change will be applied to the recording of deeds.

Please see the revised Regal’s transfer tax and Mortgage tax quick reference guide.

Click here:  NYS Assembly bill A348/S7322