Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Queens Homes $1M-$2M

172 properties priced between $1M and $2M

Buying Between $1M and $2M in Queens

The $1M to $2M band is the deepest segment of the Queens sale market, spanning one and two bedroom condos in full-service buildings, larger pre-war co-ops, and some townhouse units. Every purchase at or above $1M triggers the NYC mansion tax, which starts at 1% of the purchase price in this band and is paid by the buyer at closing.

I work with buyers across all five boroughs at this price point. Read the mansion tax guide or schedule a consultation to plan your search.

11-50 45TH Road #4L Active

$1,060,000

Condo
1 bd | 1 ba |557 sqft

11-50 45TH Road #4L

Flushing

Serhant RLS
48-15 11th Street #2-G Active

$1,050,000

Condo
1 bd | 1 ba |826 sqft

48-15 11th Street #2-G

Long Island City

Modern Spaces RLS
58-01 Queens Boulevard #11-D Active

$1,050,000

Condo
2 bd | 2 ba |908 sqft

58-01 Queens Boulevard #11-D

Woodside

Nest Seekers LLC RLS
24-01 Queens Plaza N #704 Active

$1,025,000

Condo
1 bd | 1 ba |612 sqft

24-01 Queens Plaza N #704

Long Island City

ONE REALTY GLOBAL CORP RLS
Previous Page 8 of 8

Frequently Asked Questions

Does the mansion tax apply between $1M and $2M?
Yes. The NYC mansion tax applies to all residential purchases of $1M or more. In the $1M to $2M band the rate is 1% of the full purchase price, paid by the buyer at closing.
What can $1M to $2M buy in Queens?
Inventory in this band ranges from one and two bedroom condos in amenity buildings to larger pre-war co-ops. Co-ops generally offer more space per dollar but require board approval; condos allow more flexibility for investors and pied-a-terre buyers.

Explore More

NYC Buyer GuidePrice DropsQueens Market ReportManhattan $1M-$2MBrooklyn $1M-$2MLuxury NYC ($3M+)All Market Reports
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.
Call Text Valuation