1,929 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.
NYC'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 NYC. I read every request myself, and nothing you write here is shared with a listing broker without your say.
$12,995,000
Mixed Use508 BROADWAY
SoHo
$12,995,000
Single Family Residence15 St Lukes Place
West Village
$12,995,000
Condo172 MADISON Avenue #MANSION
Midtown
$12,995,000
Condo15 E 30TH Street #59A
NoMad
$12,995,000
Single Family Residence23 MIDDAGH Street
Brooklyn Heights
$12,950,000
Condo87 LEONARD Street #2
Tribeca
$12,950,000
Co-op1 W 72ND Street #74
Upper West Side
$12,900,000
Co-op405 W 23rd Street #PHAB
Chelsea
$12,850,000
Condo201 E 74TH Street #FLOOR26
Lenox Hill
$12,750,000
Co-op1165 5TH Avenue #15/PHA
Carnegie Hill
$12,750,000
Co-op33 E 70th Street #6F
Lenox Hill
$12,750,000
Condo823 Park Avenue #4
Lenox Hill
$12,750,000
Condo1 CENTRAL Park S #1901
Central Park South
$12,750,000
Mixed Use860 LEXINGTON Avenue
Lenox Hill
$12,750,000
Condo252 E 57TH Street #63B
Sutton Place
$12,625,000
Condo500 W 18TH Street #EAST_24B
Chelsea
$12,500,000
Condo142 W 21ST Street #PH11
Chelsea
$12,500,000
Condo520 W 28TH Street #28
Chelsea
$12,500,000
Co-op1 W 72ND Street #84
Upper West Side
$12,500,000
Single Family Residence60 MONTGOMERY Place
Park Slope
$12,500,000
Single Family Residence28 W 10th Street
Greenwich Village
$12,500,000
Condo260 BOWERY #PH
Nolita
$12,500,000
Condo111 W 57th Street #12N
Midtown
$12,500,000
Multi Family56 CHARLES Street
West Village