719 properties priced between $2M and $3M
Buying a $2M to $3M apartment in NYC puts the purchase in the second mansion tax bracket: 1.25% of the full price, paid by the buyer at closing, so a $2,000,000 contract owes $25,000 and a $2,500,000 contract owes $31,250. A contract at exactly $3,000,000 moves into the 1.50% bracket and owes $45,000, while a $1,999,999 purchase stays in the 1.00% bracket.
Co-ops and condos in this band follow different rules. A co-op purchase is a transfer of shares that needs board approval, and the board reviews the buyer's full financial package before it votes; a condo generally requires no board approval and allows more flexibility for investors and pied-a-terre buyers. The mansion tax applies to both, since there is no co-op exemption.
| Purchase price | Mansion tax rate | Arithmetic | Mansion tax (buyer) |
|---|---|---|---|
| $1,999,999 | 1.00% | $1,999,999 x 0.0100 | $19,999.99 |
| $2,000,000 | 1.25% | $2,000,000 x 0.0125 | $25,000 |
| $2,500,000 | 1.25% | $2,500,000 x 0.0125 | $31,250 |
| $2,990,000 | 1.25% | $2,990,000 x 0.0125 | $37,375 |
| $3,000,000 | 1.50% | $3,000,000 x 0.0150 | $45,000 |
The $2M to $3M band in Manhattan covers two and three bedroom condos in full-service buildings, larger pre-war co-ops, and some townhouses. Every purchase in this band pays the NYC mansion tax at 1.25% of the purchase price, a cash cost at closing that a mortgage will not cover.
I work with buyers across all five boroughs at this price point. Read the mansion tax guide or schedule a consultation to plan your search.
Active
$2,100,000
Condo400 W 38TH Street #8BN
Hudson Yards
Active
$2,099,000
Condo455 E 86th Street #38C
Upper East Side
Active
$2,099,000
Co-op1200 BROADWAY #7B
NoMad
Active
$2,099,000
Condo200 E 69TH Street #21A
Lenox Hill
Active
$2,099,000
Multi Family165 W 126TH Street
Central Harlem
Active
$2,095,000
Condo30 WEST Street #12E
Battery Park City
Active
$2,095,000
Condo641 5th Avenue #29C
Midtown East
Active
$2,095,000
Condo30 West Street #12E
Battery Park City
Active
$2,095,000
Condop211 E 53RD Street #PHC
Sutton Place
Active
$2,095,000
Condo315 W 36th Street #14A
Hudson Yards
Active
$2,095,000
Condo200 E 59th Street #10C
Midtown East
Active
$2,095,000
Co-op242 Lafayette Street #3N
SoHo
Active
$2,095,000
Condo401 W 37TH Street #3GS
Hudson Yards
Active
$2,095,000
Condo505 GREENWICH Street #5C
Hudson Square
Active
$2,095,000
Condo547 W 47TH Street #912
Hell's Kitchen
Active
$2,090,000
Condo126 E 57th Street #1007
Midtown East
Active
$2,075,000
Condo247 W 46TH Street #3103
Midtown
Active
$2,075,000
Co-op100 W 12TH Street #4K
Greenwich Village
Active
$2,070,000
Condo215 E 19TH Street #2E
Gramercy Park
Active
$2,050,000
Single Family Residence210 E 52ND Street
Turtle Bay
Active
$2,050,000
Condo305 E 51ST Street #11B
Turtle Bay
Active
$2,050,000
Condo26 W 9th Street #5-A
Greenwich Village
Active
$2,050,000
Condo148 ATTORNEY Street #PH6
Lower East Side
Active
$2,045,000
Condo252 7TH Avenue #5T
Chelsea
