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.
$5,995,000
Condo220 E 20TH Street #3
Gramercy Park
$5,995,000
Multi Family7 S Oxford Street
Fort Greene
$5,995,000
Condo353 W 57TH Street #FLOOR24/25
Hell's Kitchen
$5,995,000
Condo1 CENTRAL Park S #1813
Central Park South
$5,995,000
Co-op167 E 61st Street #PHA
Lenox Hill
$5,995,000
Single Family Residence55 W 85th Street
Upper West Side
$5,995,000
Multi Family861 PRESIDENT Street
Park Slope
$5,995,000
Co-op912 5TH Avenue #2A
Lenox Hill
$5,995,000
Condo106 CENTRAL Park S #11A/11B
Central Park South
$5,995,000
Condo527 W 27TH Street #3A
Chelsea
$5,995,000
Condo62 BEACH Street #THB
Tribeca
$5,995,000
Condo77 Reade Street #PHA
Tribeca
$5,995,000
Condo20 W 64TH Street #26DE
Lincoln Square
$5,995,000
Multi Family328 W 88TH Street
Upper West Side
$5,995,000
Condo150 E 78TH Street #2B
Lenox Hill
$5,995,000
Condo430 E 58TH Street #60B
Sutton Place
$5,995,000
Single Family Residence539 Clinton Street
Carroll Gardens
$5,995,000
Condo111 W 67TH Street #26A
Lincoln Square
$5,995,000
Co-op5 E 75TH Street #8
Lenox Hill
$5,975,000
Multi Family2 PERRY Street
West Village
$5,975,000
Condo310 E 86th Street #11C
Yorkville
$5,975,000
Condo142 W 21ST Street #4A
Chelsea
$5,950,000
Co-op69 Washington Place #3/4/5
Greenwich Village
$5,950,000
Triplex313 E 6TH Street #PENTHOUSE
East Village