1,674 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.
Manhattan'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 Manhattan. I read every request myself, and nothing you write here is shared with a listing broker without your say.
$6,495,000
Condo160 Central Park S #3401
Midtown West
$6,495,000
Condo142 W 21ST Street #8A
Chelsea
$6,495,000
Condo225 W 86th Street #910
Upper West Side
$6,450,000
Condo95 Madison Avenue #12B
NoMad
$6,450,000
Condo53 W 53RD Street #18B
Midtown
$6,448,000
Condo2 Park Place #47A
Tribeca
$6,400,000
Condo50 West Street #36-C
Financial District
$6,400,000
Condo95 Madison Avenue #12A
NoMad
$6,395,000
Co-op16 E 11th Street #6-B
Greenwich Village
$6,395,000
Condo251 W 91st Street #17-C
Upper West Side
$6,360,000
Condo214 E 70TH Street #4
Lenox Hill
$6,350,000
Condo10 RIVERSIDE Boulevard #32B
Lincoln Square
$6,350,000
Multi Family120 W 87TH Street
Upper West Side
$6,350,000
Condo166 W 18th Street #PHA
Chelsea
$6,350,000
Co-op875 PARK Avenue #PHCD
Lenox Hill
$6,350,000
Single Family Residence404 W 20TH Street
Chelsea
$6,350,000
Condop995 5th Avenue #9-S
Upper East Side
$6,300,000
Condo15 Central Park W #25E
Lincoln Square
$6,300,000
Condo80 Riverside Boulevard #PH-1B
Lincoln Square
$6,300,000
Condo157 W 57th Street #38B
Midtown
$6,295,000
Condo240 Riverside Boulevard #17-BC
Lincoln Square
$6,295,000
Condo2150 Broadway #4A
Upper West Side
$6,295,000
Condo252 E 57TH Street #55A
Sutton Place
$6,295,000
Condo108 LEONARD Street #6N
Tribeca