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Leah Badach, 1031 Exchange Specialist in New York City

Best 1031 Exchange Company NYC

Certified Exchange Specialist

The Sontag GroupThe Sontag Group

NYC's most trusted 1031 exchange company. Expert qualified intermediary services for forward, reverse, construction, and DST exchanges across all five boroughs.

10+
Years
5,000+
Exchanges
$1B+
Facilitated

Why NYC Investors Choose The Sontag Group for 1031 Exchanges

New York City is one of the most complex and high-stakes real estate markets in the world, and executing a 1031 exchange here demands a qualified intermediary with deep local expertise. Across all five boroughs, from Manhattan's commercial towers to Brooklyn's brownstones, Queens' multi-family homes, the Bronx's emerging investment corridors, and Staten Island's suburban rentals, NYC investors face unique challenges including co-op restrictions, transfer tax layers, and the highest combined capital gains tax rates in the nation.

NYC investors face combined federal, state, city, and NIIT tax rates that can exceed 33% on capital gains. On a property that has appreciated $1 million, that means potentially $330,000 or more in taxes. A 1031 exchange defers all of it. The Sontag Group, with over 30 years of experience and more than 5,000 successful exchanges, is one of the most established 1031 exchange companies serving New York City. Leah Badach, CES, brings the expertise needed to navigate NYC-specific complexities.

Whether you are exchanging a Brooklyn multi-family, a Manhattan condo investment, a Queens mixed-use building, or a commercial property anywhere in the five boroughs, Leah handles the full spectrum of 1031 exchange types. Forward exchanges for standard sales, reverse exchanges when you need to buy before selling in NYC's competitive market, DST exchanges for investors transitioning to passive income, and construction improvement exchanges are all part of her expertise. Every exchange is handled with the precision and compliance that NYC's high-value market demands.

NYC 1031 Exchange FAQ

Common questions from New York City investors

What makes NYC 1031 exchanges different from other markets?
NYC has uniquely high combined tax rates (33%+), additional transfer taxes (RPTT), co-op restrictions, and an extremely competitive market that often requires reverse exchanges. Working with an NYC-experienced QI is essential.
Can I exchange across NYC boroughs?
Yes. You can exchange a property in any borough for one in any other borough, or anywhere else in the United States. The like-kind requirement refers to property type (investment real estate), not location.
What are the 1031 exchange deadlines?
You have 45 days from closing to identify potential replacement properties and 180 days total to close on the replacement property. These deadlines are strict and cannot be extended.
Do NYC co-ops qualify for 1031 exchanges?
No. Co-ops are shares in a corporation, not real property. Condos, commercial properties, and mixed-use buildings in NYC do qualify. If you own a co-op, ask about alternative strategies.
What is a DST 1031 exchange?
A Delaware Statutory Trust is a pre-packaged investment qualifying as like-kind replacement. DSTs are popular with NYC investors who want to stop managing tenants while keeping equity tax-deferred.
How much does a 1031 exchange cost?
QI fees typically range from $750-$1,500 for a standard forward exchange. Given NYC's high property values and tax rates, the savings far exceed the cost.
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BrooklynManhattanQueensStaten IslandLong IslandNew JerseyConnecticutFloridaCaliforniaTexasNationwide