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Buying a NYC Taxi Medallion

Whether you're purchasing your first taxi medallion or expanding your fleet, we make the acquisition process straightforward and efficient. We offer a selection of New York City Yellow Taxi Medallions along with flexible financing options for qualified buyers, including low down payment programs and cash purchases. Before every transaction, we verify that the medallion is free of liens and coordinate the entire transfer process through closing with the New York City Taxi & Limousine Commission.

For current availability, pricing, and financing options, please contact our office at 212-545-9011.

 

Selling Your NYC Taxi Medallion

When it's time to sell your medallion, we connect you with qualified purchasers and manage every aspect of the transaction from contract through closing. Our goal is to make the process efficient while protecting your interests every step of the way.

If you choose to offer owner financing, we can prepare the necessary loan documentation and structure the transaction to help ensure your loan is properly secured.

 

Estate Transfers & Estate Sales

Transferring or selling a taxi medallion as part of an estate requires specialized knowledge and careful attention to detail. We work closely with executors, attorneys, and family members to facilitate estate transfers and sales while coordinating all required documentation and regulatory filings. Our team provides experienced guidance to help move the process forward as smoothly as possible.

 

Services for Credit Unions & Lenders

We assist banks, credit unions, and other secured lenders with the disposition of NYC Taxi Medallions following loan defaults. Our services include conducting UCC Article 9 private and public foreclosure sales, marketing the collateral to qualified buyers, and managing the transaction through completion, including all required Taxi & Limousine Commission transfer procedures.

MEDALLIONS FOR SALE

Law Offices Richard R. Rio, PLLC rrio@richardriolaw.com

1250 Broadway, 36th Floor, NY, NY 10001  P: 212-545-9011

10 Sloan St, Ste 3, South Orange, NJ 07079  P: 973-821-5290

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