719 properties priced between $2M and $3M
Buying a $2M to $3M apartment in NYC puts the purchase in the second mansion tax bracket: 1.25% of the full price, paid by the buyer at closing, so a $2,000,000 contract owes $25,000 and a $2,500,000 contract owes $31,250. A contract at exactly $3,000,000 moves into the 1.50% bracket and owes $45,000, while a $1,999,999 purchase stays in the 1.00% bracket.
Co-ops and condos in this band follow different rules. A co-op purchase is a transfer of shares that needs board approval, and the board reviews the buyer's full financial package before it votes; a condo generally requires no board approval and allows more flexibility for investors and pied-a-terre buyers. The mansion tax applies to both, since there is no co-op exemption.
| Purchase price | Mansion tax rate | Arithmetic | Mansion tax (buyer) |
|---|---|---|---|
| $1,999,999 | 1.00% | $1,999,999 x 0.0100 | $19,999.99 |
| $2,000,000 | 1.25% | $2,000,000 x 0.0125 | $25,000 |
| $2,500,000 | 1.25% | $2,500,000 x 0.0125 | $31,250 |
| $2,990,000 | 1.25% | $2,990,000 x 0.0125 | $37,375 |
| $3,000,000 | 1.50% | $3,000,000 x 0.0150 | $45,000 |
The $2M to $3M band in Manhattan covers two and three bedroom condos in full-service buildings, larger pre-war co-ops, and some townhouses. Every purchase in this band pays the NYC mansion tax at 1.25% of the purchase price, a cash cost at closing that a mortgage will not cover.
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.
Active
$2,850,000
Co-op440 W End Avenue #3A
Upper West Side
Active
$2,845,000
Condo140 W 57TH Street #12B
Midtown
Active
$2,845,000
Condo244 E 52ND Street #6B
Turtle Bay
Active
$2,830,000
Condo95 Madison Avenue #12D
Flatiron
Active
$2,825,000
Condo37 Warren Street #3C
Tribeca
Active
$2,820,000
Condo250 E 25th Street #11-A
Kips Bay
Active
$2,800,000
Co-op870 United Nations Plaza #23B
Midtown East
Active
$2,800,000
Condo515 W 18th Street #901
Chelsea
Active
$2,800,000
Condo641 5TH Avenue #23A
Midtown East
Active
$2,800,000
Co-op72 HORATIO Street #1N
West Village
Active
$2,800,000
Condo60 Riverside Boulevard #2802
Lincoln Square
Active
$2,800,000
Condo58 W 58TH Street #6EF
Central Park South
Active
$2,800,000
Mixed Use273 Lenox Avenue
Harlem
Active
$2,799,000
Condo200 E 69TH Street #4LM
Lenox Hill
Active
$2,799,000
Co-op7 E 14th Street #1506/1508
Flatiron
Active
$2,795,000
Condo25 W HOUSTON Street #2C
SoHo
Active
$2,795,000
Co-op302 Elizabeth Street #3
NoHo
Active
$2,795,000
Co-op232 E 6TH Street #4AB
East Village
$2,795,000
Condo200 Chambers Street #23-B
Tribeca
Active
$2,795,000
Condo146 W 57TH Street #45A
Midtown
Active
$2,795,000
Condo252 SOUTH Street #57D
Two Bridges
Active
$2,795,000
Co-op245 E 87th Street #8-FG
Upper East Side
Active
$2,795,000
Condo150 CHARLES Street #2ES
West Village
Active
$2,795,000
Condo641 5TH Avenue #42G
Midtown East
