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.
Active
$4,950,000
Co-op30 SUTTON Place #PHA
Sutton Place
Active
$4,950,000
Condo215 W 28TH Street #18B
Chelsea
Active
$4,950,000
Co-op980 5th Avenue #4B
Upper East Side
Active
$4,950,000
Condo145 6th Avenue #5D
Hudson Square
Active
$4,950,000
Co-op140 RIVERSIDE Drive #17LN
Upper West Side
Active
$4,925,000
Condo720 W END Avenue #10C
Upper West Side
Active
$4,900,000
Single Family Residence305 E 18TH Street
Gramercy Park
Active
$4,900,000
Condo171 W 57TH Street #8C
Central Park South
Active
$4,900,000
Condo100 UNITED NATIONS Plaza #PH50B
Turtle Bay
Active
$4,895,000
Condo1 CENTRAL Park S #1605
Central Park South
Active
$4,895,000
Condo1 CENTRAL Park W #30G
Lincoln Square
Active
$4,850,000
Co-op6 W 20th Street #7
Flatiron
Active
$4,850,000
Condo305 E 51ST Street #28A
Turtle Bay
Active
$4,825,000
Condo1441 3rd Avenue #18A/B
Upper East Side
Active
$4,800,000
Condo386 COLUMBUS Avenue #17/18A
Upper West Side
Active
$4,800,000
Co-op345 W Broadway #5
Soho
Active
$4,800,000
Condo117 E 29th Street #PH6B
NoMad
Active
$4,795,000
Condo108 Leonard Street #11C
Tribeca
Active
$4,795,000
Co-op110 Central Park S #9B
Central Park South
Active
$4,795,000
Condo30 Riverside Boulevard #20-B
Lincoln Square
Active
$4,795,000
Condo252 E 57th Street #45C
Midtown
Active
$4,785,000
Condop400 E 84TH Street #29C
Yorkville
Active
$4,750,000
Rental35 BOND Street #5
NoHo
Active
$4,750,000
Condo44 W 22nd Street #PH
Flatiron
