1,932 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.
$5,350,000
Multi Family14 Lincoln Place #multi-family
Park Slope
$5,350,000
Multi Family343 BERRY Street
Williamsburg
$5,350,000
Condo110 Boerum Place #204
Cobble Hill
$5,350,000
Condo545 W 20th Street #PH6/7B
Chelsea
$5,350,000
Condo303 PARK Avenue #3304
Midtown East
$5,350,000
Condo27 N Moore Street #6A
Tribeca
$5,350,000
Condo25 COLUMBUS Circle #61G
Lincoln Square
$5,350,000
Condo225 W 86th Street #507
Upper West Side
$5,350,000
Co-op605 PARK Avenue #15D
Lenox Hill
$5,325,000
Co-op151 Central Park W #5W
Upper West Side
$5,325,000
Condo33 Park Row #16A
Financial District
$5,308,800
Condo95 Madison Avenue #17C
Flatiron
$5,300,000
Condo685 5TH Avenue #8A
Midtown East
$5,300,000
Multi Family279 HENRY Street
Brooklyn Heights
$5,300,000
Condo1 Central Park W #47D
Upper West Side
$5,295,000
Co-op140 RIVERSIDE Drive #11A
Upper West Side
$5,295,000
Condo251 W 14TH Street #10B
Chelsea
$5,295,000
Condo57 IRVING Place #4
Gramercy Park
$5,295,000
Condo251 W 14th Street #10-B
Chelsea
$5,250,000
Co-op270 W END Avenue #9N
Upper West Side
$5,250,000
Condo515 W 23rd Street #10
Chelsea
$5,250,000
Condo325 W BROADWAY #2A
SoHo
$5,250,000
Single Family Residence5440 Independence Avenue
North Riverdale
$5,250,000
Co-op81 WOOSTER Street #5WO
SoHo