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.
$4,500,000
Condo439 E 77th Street #6A
Upper East Side
$4,500,000
Condo361 UNION Street #PENTHOUSE
Carroll Gardens
$4,500,000
Co-op33 RIVERSIDE Drive #13AB
Upper West Side
$4,500,000
Condo25 W 28TH Street #PH40C
NoMad
$4,499,999
Multi Family256 JEFFERSON Avenue
Bedford-Stuyvesant
$4,499,000
Co-op100 PRINCE Street #5W
SoHo
$4,499,000
Co-op100 PRINCE Street #5W
SoHo
$4,495,000
Co-op410 W 24TH Street #18BCE
Chelsea
$4,495,000
Condo340 E 64th Street #34AB
Lenox Hill
$4,495,000
Condo179 N 10th Street #2D
Williamsburg
$4,495,000
Single Family Residence819 DEAN Street
Crown Heights
$4,495,000
Condo322 W 57TH Street #PH56K
Hell's Kitchen
$4,495,000
Condo11 VESTRY Street #5
Tribeca
$4,495,000
Condo120 RIVERSIDE Boulevard #16M
Lincoln Square
$4,495,000
Condo695 1ST Avenue #PHA
Murray Hill
$4,495,000
Condo420 E 75TH Street #PH
Lenox Hill
$4,495,000
Condo3 E 3rd Street #2
East Village
$4,495,000
Condo427 E 90TH Street #PH11
Yorkville
$4,495,000
Multi Family311 W 84TH Street
Upper West Side
$4,495,000
Multi Family1601 11TH Avenue
Windsor Terrace
$4,495,000
Condo200 E 59TH Street #23E
Sutton Place
$4,495,000
Mixed Use392 West Street
West Village
$4,495,000
Condo225 W 86TH Street #608
Upper West Side
$4,490,000
Condo1 CENTRAL Park W #23C
Lincoln Square