Typical Closing Costs/Upfront Costs for Commercial Lending

[Jason V.]

Good Morning BP Community!

I know, I know: It depends. 

BUT, for the sake of gaining some really general knowledge: On a "standard" $500,000 deal, what would be a best guess for closing costs and/or upfront costs? (FYI: I'm in Western New York, where taxes and fees destroy everything.)

I.e. On a typical MF deal, what's a fair amount for my lawyer to charge for the closing? What should I expect him to do that doesn't get done on a residential closing? 

What should I expect lender closing costs to be? Appraisal? Inspection?

I've been doing some digging/asking around, and the numbers I'm seeing seem to vary quite a bit - I'm just looking for a baseline, and I understand special circumstances make things more expensive. But if I'm going to be able to analyze these deals properly, I can't just keep using an extremely 'safe' number. (Well, I can, but it just means I might be walking away from an otherwise good deal, because I think my cash into the deal is more than it will be.) 

Thanks all!