1,939 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.
Active
$4,995,000
Single Family Residence173 WATER Street
DUMBO
Active
$4,995,000
Condo2 River Terrace #5R
Battery Park City
Active
$4,995,000
Condo108 LEONARD Street #12G
Tribeca
Active
$4,995,000
Condo40 BLEECKER Street #2F
NoHo
Active
$4,995,000
Condo2211 BROADWAY #5A
Upper West Side
Active
$4,950,000
Multi Family489 W END Avenue
Upper West Side
Active
$4,950,000
Single Family Residence329 E 18TH Street
Gramercy Park
Active
$4,950,000
Condo265 State Street #PH04
Boerum Hill
Active
$4,950,000
Co-op983 PARK Avenue #12A
Upper East Side
Active
$4,950,000
Condo144 VANDERBILT Avenue #TH2
Fort Greene
Active
$4,950,000
Condo15 Hudson Yards #27H
Hudson Yards
Active
$4,950,000
Condo180 E 88th Street #10-A
Carnegie Hill
Active
$4,950,000
Co-op1 E END Avenue #8/9B
Yorkville
Active
$4,950,000
Condo111 W 67TH Street #41E
Lincoln Square
Active
$4,950,000
Condo49 CHAMBERS Street #8E
Tribeca
Active
$4,950,000
Condo43 W 64th Street #7B
Upper West Side
Active
$4,950,000
Condo303 PARK Avenue #2311
Midtown East
Active
$4,950,000
Co-op30 SUTTON Place #PHA
Sutton Place
Active
$4,950,000
Condo215 W 28TH Street #18B
Chelsea
Active
$4,950,000
Co-op980 5th Avenue #4B
Upper East Side
Active
$4,950,000
Condo145 6th Avenue #5D
Hudson Square
Active
$4,950,000
Co-op140 RIVERSIDE Drive #17LN
Upper West Side
Active
$4,925,000
Condo720 W END Avenue #10C
Upper West Side
Active
$4,900,000
Single Family Residence305 E 18TH Street
Gramercy Park
