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.
$5,500,000
Condo201 W 72ND Street #PH4A
Upper West Side
$5,500,000
Multi Family949 Columbus Avenue
Upper West Side
$5,500,000
Condo120 E 87TH Street #P16AG
Carnegie Hill
$5,500,000
Condo40 E 61ST Street #14A
Lenox Hill
$5,500,000
Condo72 Mercer Street #3E
SoHo
$5,500,000
Co-op8 E 83rd Street #7F
Upper East Side
$5,500,000
Condo1 Central Park W #24-C
Upper West Side
$5,500,000
Co-op40 E 84th Street #17A
Upper East Side
$5,500,000
Condo126 E 57th Street #1401
Midtown East
$5,500,000
Condo450 W 17TH Street #2507
Chelsea
$5,500,000
Co-op6 W 20TH Street #2
Flatiron
$5,499,000
Single Family Residence131 KANE Street
Cobble Hill
$5,499,000
Single Family Residence243 E 61ST Street
Lenox Hill
$5,495,000
Condo151 E 85TH Street #9E
Upper East Side
$5,495,000
Condo433 E 74th Street #4A
Lenox Hill
$5,495,000
Condo76 N 8TH Street #PH
Williamsburg
$5,495,000
Condo188 E 64th Street #2506
Lenox Hill
$5,495,000
Co-op439 LAFAYETTE Street #3
NoHo
$5,495,000
Condo140 W 22nd Street #PHC
Chelsea
$5,495,000
Co-op900 5TH Avenue #6A
Lenox Hill
$5,495,000
Condo60 BEACH Street #6A
Tribeca
$5,495,000
Triplex313 E 6TH Street #GARDEN
East Village
$5,495,000
Multi Family321 E 6TH Street
East Village
$5,495,000
Condo845 United Nations Plaza #77A
Midtown East