1,925 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.
$3,600,000
Condo401 Hicks Street #B3GH
Cobble Hill
$3,600,000
Condo25 MURRAY Street #7G
Tribeca
$3,599,999
Multi Family41 CLAVER Place
Bedford-Stuyvesant
$3,599,000
Co-op11 W 30TH Street #9R
NoMad
$3,599,000
Condo11 E 22ND Street #FLOOR7
Flatiron
$3,595,000
Co-op45 E 89th Street #31E
Upper East Side
$3,595,000
Co-op65 W 95TH Street #4B
Upper West Side
$3,595,000
Condo181 E 90TH Street #26A
Carnegie Hill
$3,595,000
Condo171 W 57TH Street #2B
Central Park South
$3,595,000
Multi Family115 E 35TH Street
Murray Hill
$3,595,000
Condo500 W 21ST Street #3D
Chelsea
$3,595,000
Condo8 S 4th Street #22E
Williamsburg
$3,595,000
Condo155 W 68TH Street #2022
Lincoln Square
$3,590,000
Co-op1 Lexington Avenue #5C
Gramercy Park
$3,575,000
Condo374 BROOME Street #2N
Nolita
$3,575,000
Condo959 1st Avenue #12A
Turtle Bay
$3,575,000
Condo73 Worth Street #5D
Tribeca
$3,570,000
Condo250 W 96TH Street #10D
Upper West Side
$3,568,000
Mixed Use2 4th Place
Carroll Gardens
$3,550,000
Mixed Use739 GRAND Street
Williamsburg
$3,550,000
Multi Family21-44 45th Road
Long Island City
$3,550,000
Single Family Residence1806 Ditmas Avenue
Ditmas Park
$3,550,000
Condo212 Warren Street #12-E
Battery Park City
$3,550,000
Co-op5 Great Jones Street #2
NoHo