A　new　beam　-column　transfer　joint　is　proposed,　which　consists　of　an　upper　column　with　a　concrete　-filled　steel　tube　column　(CFST),　a　lower　column　with　a　variable　-diameter　steel　-concrete　column　(SRC),　and　a　reinforced　concrete　beam.　The　new　transfer　joint　is　mainly　set　on　the　roof　of　the　basement　of　a　high-rise　building　structure.　Compared　with　traditional　transfer　joints,　it　reduces　the　amount　of　steel　used,　increases　the　use　space　of　the　basement,　and　improves　the　seismic　performance　of　the　structure.　New　transfer　joint　and　traditional　joint　were　tested　under　cyclic　loading　to　investigate　response　of　the　proposed　joint.　The　main　performance　indicators　studied　are　hysteretic　response,　energy　dissipation,　ductility,　and　stiffness　degradation.　Research　results　show　that　the　energy　consumption　and　carrying　capacity　of　the　new　transfer　joint　are　higher　than　those　of　the　traditional　joint.　The　correctness　of　the　finite　element　analysis　was　verified　through　the　test　results,　and　a　parametric　analysis　was　carried　out　on　this　basis.　It　was　found　that　the　diameter　reduction　position　of　the　steel　tube　and　the　length　of　the　corbels　of　the　lower　column　have　little　impact　on　the　seismic　performance　of　the　new　transfer　joint.　The　thickness　of　the　steel　tube　has　a　greater　impact　on　the　seismic　performance　of　the　new　transfer　joints.　The　peak　bearing　capacity　is　increased　by　about　17　%.　Finally,　according　to　the　formula　given　by　the　specification,　the　embedding　effect　of　the　new　transfer　joint　and　the　traditional　joints　are　compared.　The　effect　of　the　new　transfer　joints　is　better　than　that　of　the　traditional　one,　which　can　provide　a　reference　for　future　basement　design　of　high-rise　building　structures.