1,673 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.
$3,095,000
Condo285 Lafayette Street #2D
NoLIta
$3,095,000
Condo330 E 72nd Street #11
Upper East Side
$3,075,000
Condo125 GREENWICH Street #71E
Financial District
$3,075,000
Condo75 Wall Street #36O
Financial District
$3,064,250
Condo401 W 37TH Street #9CS
Hudson Yards
$3,055,000
Condo215 E 19TH Street #1G
Gramercy Park
$3,050,000
Condo641 5th Avenue #31C
Midtown East
$3,050,000
Condo161 W 61ST Street #21EF
Lincoln Square
$3,050,000
Co-op114 MERCER Street #2A
SoHo
$3,030,000
Condo38 E 35TH Street #6A
Murray Hill
$3,000,000
Condo49 ORCHARD Street #RETAIL
Lower East Side
$3,000,000
Co-op155 E 76TH Street #9AB
Lenox Hill
$3,000,000
Condo20 Pine Street #1412/1413
Financial District
$3,000,000
Co-op870 UNITED NATIONS Plaza #37/38A
Beekman
$3,000,000
Condo32 E 1st Street #6D
East Village
$3,000,000
Co-op23 E 74th Street #4AF
Lenox Hill
$3,000,000
Single Family Residence387 Manhattan Avenue
Harlem