1,931 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.
$5,495,000
Condo106 Central Park S #12-A
Central Park South
$5,495,000
Multi Family251 Powers Street
East Williamsburg
$5,495,000
Single Family Residence327 E 18TH Street
Gramercy Park
$5,495,000
Condo73 WORTH Street #PHF
Tribeca
$5,495,000
Single Family Residence134 BEEKMAN Street
South Street Seaport
$5,495,000
Co-op1088 PARK Avenue #9A
Carnegie Hill
$5,495,000
Condo323 Bergen Street #PH607E
Boerum Hill
$5,495,000
Condo405 GREENWICH Street #PH
Tribeca
$5,490,000
Condo252 7TH Avenue #PHC
Chelsea
$5,475,000
Condo50 West Street #30B
Financial District
$5,450,000
Condo53 W 53rd Street #23D
Midtown
$5,450,000
Condo515 W 18TH Street #1702
Chelsea
$5,450,000
Condo230 W 56TH Street #PHB
Midtown
$5,450,000
Condo220 E 65th Street #21-M
Upper East Side
$5,450,000
Multi Family146 Hoyt Street
Boerum Hill
$5,450,000
Co-op850 PARK Avenue #5D
Lenox Hill
$5,400,000
Co-op140 5TH Avenue #2AB
Flatiron
$5,400,000
Condo323 Bergen Street #PH605E
Boerum Hill
$5,395,000
Co-op519 Broadway #4th Floor
SoHo
$5,375,000
Condo200 W 88TH Street #4B
Upper West Side
$5,375,000
Condo110 Boerum Place #102
Cobble Hill
$5,375,000
Multi Family746 E 6TH Street
East Village
$5,350,000
Condo456 W 19th Street #PHG
Chelsea
$5,350,000
Multi Family14 Lincoln Place #multi-family
Park Slope