1,680 properties priced at $3M and above
Buying a $3M+ apartment in NYC means a mansion tax of at least 1.50% of the full price, paid by the buyer at closing: $45,000 on a $3,000,000 contract, rising to 2.25% at $5,000,000, 3.25% at $10,000,000 and 3.90% at $25,000,000 and above. The rate applies to the whole price, so it is a cash cost on top of the down payment that a mortgage will not cover.
At this level the choice between a co-op and a condo shapes the whole purchase. A co-op purchase is a transfer of shares, and the board reviews the buyer's full financial package before approving it; a condo is deeded real property and generally needs no board approval. The mansion tax applies to both, since there is no co-op exemption.
Manhattan's luxury market ($3M+) includes full-service condos, pre-war co-ops in prime locations, penthouses, and townhouses. At this price point, buyers expect private viewings, early word on Coming Soon listings, and discretion throughout the transaction.
With over 25 years in NYC real estate, I search both REBNY RLS and OneKey MLS, including Coming Soon listings when the listing broker files them, and I call listing brokers directly about higher-price inventory. Use the form below to start a private search.
Tell me the price range and what you are after in Manhattan. I read every request myself, and nothing you write here is shared with a listing broker without your say.
$4,999,000
Condo220 RIVERSIDE Boulevard #39C
Lincoln Square
$4,999,000
Condo180 Ave of Americas #9B
SoHo
$4,999,000
Co-op340 E 72nd Street #4-SOUTH
Lenox Hill
$4,998,000
Condo45 WARREN Street #1
Tribeca
$4,998,000
Condo530 E 76th Street #PH35H36H
Upper East Side
$4,995,000
Condo515 PARK Avenue #4B
Lenox Hill
$4,995,000
Co-op17 W 17TH Street #6
Flatiron
$4,995,000
Single Family Residence338 W 71st Street
Upper West Side
$4,995,000
Condo1289 LEXINGTON Avenue #7D
Carnegie Hill
$4,995,000
Co-op160 E 72ND Street #2AB
Lenox Hill
$4,995,000
Condo545 W 20TH Street #5B
Chelsea
$4,995,000
Condo111 LEROY Street #3C/D
West Village
$4,995,000
Condo40 E END Avenue #12A
Yorkville
$4,995,000
Co-op580 Park Avenue #3A
Lenox Hill
$4,995,000
Condo530 E 76th Street #21E/22CDEG
Lenox Hill
$4,995,000
Co-op1060 5TH Avenue #10C
Carnegie Hill
$4,995,000
Condo252 7TH Avenue #PHP
Chelsea
$4,995,000
Condo500 W 18TH Street #W12D
Chelsea
$4,995,000
Condo500 W END Avenue #1GA
Upper West Side
$4,995,000
Multi Family24 W 96TH Street
Upper West Side
$4,995,000
Co-op344 W 72ND Street #603
Lincoln Square
$4,995,000
Condo252 7th Avenue #PHP
Chelsea
$4,995,000
Condo1438 3RD Avenue #24B
Upper East Side
$4,995,000
Co-op1 E 66th Street #9EF
Lenox Hill