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.
$3,400,000
Multi Family471 W 140TH Street
Hamilton Heights
$3,400,000
Co-op565 W END Avenue #15D
Upper West Side
$3,400,000
Condo35 W 20th Street #3
Flatiron
$3,395,000
Condo200 WATER Street #2C
DUMBO
$3,395,000
Condo212 W 95th Street #14A
Upper West Side
$3,395,000
Condo330 E 38TH Street #PHC
Murray Hill
$3,395,000
Condo215 E 19TH Street #7H
Gramercy Park
$3,395,000
Co-op2 E END Avenue #1B
Yorkville
$3,395,000
Condo415 E 37th Street #25-DF
Murray Hill
$3,395,000
Condo302 E 96TH Street #PENTHOUSE
Yorkville
$3,395,000
Condo448 W 37TH Street #9G
Hudson Yards
$3,395,000
Multi Family587 WARREN Street
Boerum Hill
$3,395,000
Condo2628 BROADWAY #34FLOOR
Upper West Side
$3,375,000
Condo252 SOUTH Street #40C
Two Bridges
$3,375,000
Condo252 South Street #40C
Chinatown
$3,350,000
Condo845 UNITED NATIONS Plaza #37C
Turtle Bay
$3,350,000
Condo322 W 57th Street #50S
Hell's Kitchen
$3,350,000
Co-op114 MERCER Street #3FLR
SoHo
$3,350,000
Co-op335 W 38TH Street #3
Hudson Yards
$3,350,000
Co-op142 E 16TH Street #14ABC
Gramercy Park
$3,350,000
Co-op37 Henry Street #TH1
Brooklyn Heights
$3,350,000
Condo185 Skillman Avenue #GARDEN
Williamsburg
$3,350,000
Condo400 5TH Avenue #46AB
Midtown
$3,350,000
Single Family Residence48 DIKEMAN Street
Red Hook