1,941 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.
$4,999,999
Multi Family143 KINGSLAND Avenue
Williamsburg
$4,999,900
Co-op716 Broadway #PH6
NoHo
$4,999,000
Condo66 CLINTON Street #PHA
Lower East Side
$4,999,000
Single Family Residence40 Wakefield Road
Eltingville
$4,999,000
Single Family Residence243 E 61ST Street
Lenox Hill
$4,999,000
Single Family Residence251 W 99TH Street
Upper West Side
$4,999,000
Condo220 RIVERSIDE Boulevard #39C
Lincoln Square
$4,999,000
Condo180 Ave of Americas #9B
SoHo
$4,999,000
Co-op340 E 72nd Street #4-SOUTH
Lenox Hill
$4,998,000
Condo45 WARREN Street #1
Tribeca
$4,998,000
Condo530 E 76th Street #PH35H36H
Upper East Side
$4,995,000
Condo515 PARK Avenue #4B
Lenox Hill
$4,995,000
Co-op17 W 17TH Street #6
Flatiron
$4,995,000
Single Family Residence338 W 71st Street
Upper West Side
$4,995,000
Condo1289 LEXINGTON Avenue #7D
Carnegie Hill
$4,995,000
Co-op160 E 72ND Street #2AB
Lenox Hill
$4,995,000
Condo545 W 20TH Street #5B
Chelsea
$4,995,000
Single Family Residence74A S 2ND Street
Williamsburg
$4,995,000
Condo111 LEROY Street #3C/D
West Village
$4,995,000
Single Family Residence259 Berry Street
Williamsburg
$4,995,000
Multi Family317 State Street
Boerum Hill
$4,995,000
Condo40 E END Avenue #12A
Yorkville
$4,995,000
Condo53 W 53RD Street #20B
Midtown
$4,995,000
Condo259 Berry Street #1
Williamsburg