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.
$4,995,000
Condo1 Great Jones Alley #2A
NoHo
$4,995,000
Co-op875 PARK Avenue #9A
Lenox Hill
$4,995,000
Condo1 Wall Street #701
Financial District
$4,995,000
Co-op284 LAFAYETTE Street #5D
SoHo
$4,995,000
Condo152 E 63RD Street #2
Lenox Hill
$4,995,000
Condo53 Murray Street #1
Tribeca
$4,995,000
Condo1 Wall Street #2516
Financial District
$4,995,000
Mixed Use266 W 71st Street
Upper West Side
$4,995,000
Condo611 W 56th Street #8B/9B
Hell's Kitchen
$4,995,000
Condo52 E 4th Street #PH3
East Village
$4,995,000
Condo2 River Terrace #5R
Battery Park City
$4,995,000
Condo108 LEONARD Street #12G
Tribeca
$4,995,000
Condo40 BLEECKER Street #2F
NoHo
$4,995,000
Condo2211 BROADWAY #5A
Upper West Side
$4,950,000
Multi Family489 W END Avenue
Upper West Side
$4,950,000
Single Family Residence329 E 18TH Street
Gramercy Park
$4,950,000
Co-op983 PARK Avenue #12A
Upper East Side
$4,950,000
Condo15 Hudson Yards #27H
Hudson Yards
$4,950,000
Condo180 E 88th Street #10-A
Carnegie Hill
$4,950,000
Co-op1 E END Avenue #8/9B
Yorkville
$4,950,000
Condo111 W 67TH Street #41E
Lincoln Square
$4,950,000
Condo49 CHAMBERS Street #8E
Tribeca
$4,950,000
Condo43 W 64th Street #7B
Upper West Side
$4,950,000
Condo303 PARK Avenue #2311
Midtown East