1,930 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.
$11,995,000
Single Family Residence29 Downing Street
West Village
$11,995,000
Condo101 W 67TH Street #50DEF
Lincoln Square
$11,995,000
Condo67 VESTRY Street #THN
Tribeca
$11,995,000
Condo55 Vestry Street #7CD
Tribeca
$11,995,000
Condo57 Irving Place #PH9/10
Gramercy Park
$11,950,000
Condo111 Murray Street #49W
Tribeca
$11,950,000
Condo201 E 74TH Street #6A
Lenox Hill
$11,950,000
Condo10 SULLIVAN Street #6A
SoHo
$11,950,000
Condo10 Sullivan Street #6A
SoHo
$11,950,000
Condo90 FRANKLIN Street #12
Tribeca
$11,900,000
Condo217 W 57th Street #33B
Midtown
$11,888,000
Mixed Use257 W 19TH Street
Chelsea
$11,850,000
Co-op995 5th Avenue #2S1E
Upper East Side
$11,800,000
Rental116 UNIVERSITY Place #PH
Greenwich Village
$11,800,000
Condo525 PARK Avenue #7AB
Lenox Hill
$11,750,000
Single Family Residence416 W 51ST Street
Hell's Kitchen
$11,750,000
Single Family Residence1305 Albemarle Road
Prospect Park South
$11,750,000
Condo27 N Moore Street #10D
Tribeca
$11,750,000
Condo823 Park Avenue #5
Lenox Hill
$11,750,000
Co-op784 PARK Avenue #18B
Lenox Hill
$11,750,000
Condo34 PRINCE Street #PH
Nolita
$11,650,000
Condo551 W 21st Street #17B
Chelsea
$11,500,000
Condo60 E 88TH Street #14
Carnegie Hill
$11,500,000
Single Family Residence160 E 63RD Street
Lenox Hill