---
title: "Multi-Million Dollar Homes for Sale in NYC"
description: "2,144 luxury homes for sale in NYC above $2 million. See what each budget buys, what the mansion tax costs at every step, and the Buyer Commission Share."
url: "https://realestaterebatesnewyork.com/buy/multi-million-dollar-homes-nyc"
source: "Real Estate Rebate Team"
---

Real Estate Rebate Team


Licensed Broker NY & NJ · License: 10491211335


## Showing 2,144 NYC homes for sale


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Buyer Advantage Est.


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Buyer Advantage Est.


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Buyer Advantage Est.


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Buyer Advantage Est.


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Buyer Advantage Est.


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Buyer Advantage Est.


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Buyer Advantage Est.


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Buyer Advantage Est.


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Buyer Advantage Est.


## What Changes as the Budget Rises


New York above $2 million is not one market. The typical home between $2 million and $5 million is about 1,700 square feet; above $20 million it is about 6,800. Over the same span the square foot itself gets roughly two and a half times more expensive, so the money buys more space and a more expensive kind of space: address, light, ceiling height, view, building services.

Houses and townhouses go from one home in seven at the bottom of this range to a quarter above $10 million while the co-operative share nearly halves, and Brooklyn is a genuine alternative to Manhattan at the lower end but effectively disappears at the top. Each range is also its own page: [$2 million to $5 million](https://realestaterebatesnewyork.com/buy/multi-million-dollar-homes-nyc/2m-to-5m), [$5 million to $10 million](https://realestaterebatesnewyork.com/buy/multi-million-dollar-homes-nyc/5m-to-10m), [$10 million to $20 million](https://realestaterebatesnewyork.com/buy/multi-million-dollar-homes-nyc/10m-to-20m), and [$20 million and above](https://realestaterebatesnewyork.com/buy/multi-million-dollar-homes-nyc/20m-plus).


Size roughly doubles at each step and the foot itself gets more expensive the whole way up, so above $5 million you are buying a materially more expensive foot, not just more of them.

Market snapshot as of August 21, 2026, covering Manhattan, Brooklyn and Queens. Median size and price per square foot are based on listings that report interior square footage.Price range
Homes
Median size (sq ft)
Median $/sq ft
Co-operative
Houses & townhouses
$2M – $5M
1,307
1,715
$1,798
18%
14%
$5M – $10M
490
2,927
$2,366
15%
20%
$10M – $20M
230
4,093
$3,322
12%
25%
$20M and above
127
6,760
$4,620
10%
24%


Four price ranges above $2 million, each with the number of homes, the median size, the median price per square foot, the share that are co-operatives, and the share that are houses or townhouses.


The rate roughly triples between $2 million and $25 million, so the tax is a materially different line item at the top of this market than at the bottom.

Statutory rates. Figures are illustrative and rounded to the whole dollar.Purchase price
Mansion tax
Tax due
$2,000,000
1.25%
$25,000
$3,000,000
1.5%
$45,000
$5,000,000
2.25%
$112,500
$10,000,000
3.25%
$325,000
$20,000,000
3.75%
$750,000
$25,000,000
3.9%
$975,000


Six purchase prices from $2 million to $25 million, each with its combined mansion tax rate and the resulting tax due at closing.


## The Buyer Commission Share


The Buyer Commission Share is half of the buyer-side commission actually paid on your purchase. It is not a fixed percentage of the price. Whatever the seller or sponsor pays the buyer’s broker, half of it is credited to you as savings at closing.
- 3% paid to the buyer’s broker returns 1.5% of the price to you. On a $6 million purchase, $90,000.
- 4% returns 2%. On the same purchase, $120,000.
- 5% returns 2.5%. On the same purchase, $150,000.


Which of those applies is the seller’s decision rather than ours or yours, and it is negotiated deal by deal. Resales usually sit at the lower end. The higher figures turn up most often on sponsor sales, and sponsor inventory is not a niche here: around one in five homes listed above $2 million in New York is a sponsor unit. A developer carrying finished apartments will sometimes raise the buyer-side commission to move the remaining ones, and that offer can change from one building to the next and from one month to the next. Worth checking before you commit to a building. Not worth counting on.

New development brings costs as well as commission. Sponsors commonly ask the buyer to pay the New York State and New York City transfer taxes a resale seller would normally cover, along with sponsor legal fees and a working capital contribution. Those are negotiable too, and they belong in the same conversation as the commission rather than a later one.

None of this changes the representation: full buy-side advice, negotiation, and diligence on the building as well as the residence. Eligibility applies. [See how the Buyer Commission Share is calculated](https://realestaterebatesnewyork.com/buyer-advantage).


BUYER FAQ
## Frequently asked questions

Is there a $10 million house in New York City?+
Yes. More than 350 homes are listed above $10 million today, and more than 120 of those above $20 million. Almost all are in Manhattan, which holds more than nine in ten of them above $10 million and all but one above $20 million.

Roughly a quarter are houses or townhouses rather than apartments, against about one in seven between $2 million and $5 million; the apartments at this level are typically full-floor or [penthouse residences](https://realestaterebatesnewyork.com/nyc-penthouses-for-sale). [See $10 million to $20 million](https://realestaterebatesnewyork.com/buy/multi-million-dollar-homes-nyc/10m-to-20m), or [above $20 million](https://realestaterebatesnewyork.com/buy/multi-million-dollar-homes-nyc/20m-plus).


What can $5 million buy in NYC?+
Around 2,900 square feet at roughly $2,400 a foot: typically a large full-floor condominium or a prime prewar co-operative. [Townhouses](https://realestaterebatesnewyork.com/nyc-brownstones-townhouses-for-sale) become a genuine option here rather than an exception, and you pay more per square foot than at $2 million to $5 million as well as buying more of them.

[See what is currently listed between $5 million and $10 million](https://realestaterebatesnewyork.com/buy/multi-million-dollar-homes-nyc/5m-to-10m).


Where are most of NYC's multi-million-dollar homes?+
Manhattan holds roughly five in six, and inside Manhattan the concentration is tighter still: [Lenox Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lenox-hill), the [Upper West Side](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-west-side), [Lincoln Square](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lincoln-square) and [Tribeca](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/tribeca) together account for a substantial share of everything above $2 million.

Brooklyn is a genuine alternative at the lower end, around 250 homes between $2 million and $5 million, and effectively disappears above $10 million.


How do people afford multi-million-dollar homes in NYC?+
Co-op boards commonly set minimum down payments well above the 20% a lender would accept, and expect post-closing liquidity measured in years of carrying costs rather than months. Condominiums are more flexible, but jumbo lenders still underwrite reserves closely, and the [condo versus co-op guide](https://realestaterebatesnewyork.com/guides/condo-vs-coop-nyc) sets out what changes.

Buyers here weigh carrying cost as heavily as price. Common charges or maintenance plus property tax are what gets paid every month for as long as the home is owned, and two residences at the same price can differ substantially on both.


Who buys multi-million-dollar homes in NYC?+
A mix: families trading up for space, buyers relocating into New York for work, pied-à-terre purchasers, and investors. What they have in common is that at this level the building matters as much as the residence.

Financials, sublet and pied-à-terre policy, assessment history and board requirements all shape what a buyer can do with a home after closing, which is why diligence at this price runs to the building as well as the apartment.


What is the mortgage on a $5 million home?+
As a worked example, $5 million with 30% down leaves a $3.5 million loan; at 6.5% over 30 years that is roughly $22,100 a month before taxes, common charges or maintenance. Change any one of those assumptions and the answer moves a long way, so it is worth modelling rather than quoting.

The building matters before the rate does, because a co-operative board may require far more down than a lender would. The [mortgage calculator](https://realestaterebatesnewyork.com/calculators/mortgage-calculator) takes a price, a down payment and a term.


How much are closing costs on a multi-million-dollar NYC property?+
Mansion tax alone runs from 1.25% at $2 million to 3.9% at $25 million and above, as set out in the table on this page. Other buyer closing costs typically add a further 1% to 2% on a condominium and are generally lower on a co-operative.

New development purchases are the exception worth planning for, because sponsors often ask the buyer to pay transfer taxes a resale seller would normally cover. The [mansion tax guide](https://realestaterebatesnewyork.com/guides/nyc-mansion-tax-guide-2026) explains each step and the [closing cost calculator](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) totals what is due on the day.


How much commission is paid on a multi-million-dollar home sale?+
Commission is negotiated rather than fixed, and the share offered to the buyer’s broker is set by the seller or sponsor, not by the buyer.

What is fixed is what happens to it here: on a purchase handled by Régis Roumila, half of the buyer-side commission he receives is credited to the buyer as savings at closing. Where 3% is offered to the buyer’s broker that is 1.5% of the price returned to the buyer; where 4% is offered, 2%. It varies by property and is subject to eligibility. [See how the Buyer Commission Share is calculated](https://realestaterebatesnewyork.com/buyer-advantage).


Regis Roumila

Licensed Real Estate Broker · NY & NJ
NY DOS Licence10491211335
MembershipsREBNY & NAR Member
ExperienceOver 25 Years of Local Expertise


## Work with a licensed New York broker
Every eligible purchase above $2 million earns a Buyer Commission Share: half of the buyer-side commission actually received on the transaction, credited to you as Savings at Closing.

Around 2,144 homes above $2 million are on the market today. Tell me the budget, the borough and how you plan to use the home, and I will narrow that to the ones whose building rules and financials actually fit.
[Schedule a consultation](https://realestaterebatesnewyork.com/contact)[How the Buyer Advantage works](https://realestaterebatesnewyork.com/buyer-advantage)


Chat with us on WhatsApp


NEW YORK CITY


PROPERTY TYPE
$2M+
BEDS
Filter
VIEW: LIST
SORT: NEWEST


[Residential·Noho, Manhattan
### 21 Astor Place #2-G, New York, NY 10003
2 Beds · 3 Baths · 1,800 sqft$3,750,000●ActiveCourtesy of Nest Seekers LLC](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/21-astor-place-2g-ny-10003)[Residential·Greenpoint, Brooklyn
### 58 DIAMOND Street, Brooklyn, NY 11222
6 Beds · 3 Baths · 2,700 sqft$2,799,000●ActiveCourtesy of The Agency Brokerage](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11222/58-diamond-street-ny-11222)[Residential·Murray Hill, Manhattan
### 330 East 38th Street #50D, New York, NY 10016
2 Beds · 2 Baths · 1,372 sqft$2,195,000●ActiveCourtesy of Corcoran Group](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/330-east-38th-street-50d-ny-10016)[Residential·Yorkville, Manhattan
### 200 East 83rd Street #32B, New York, NY 10028
4 Beds · 5 Baths · 2,630 sqft$9,500,000●ActiveCourtesy of Douglas Elliman Real Estate](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/200-east-83rd-street-32b-ny-10028)[Residential·Flatiron, Manhattan
### 10 Madison Square #2G, New York, NY 10010
3 Beds · 4 Baths · 2,365 sqft$4,998,000●ActiveCourtesy of Modlin Group LLC](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/10-madison-square-2g-ny-10010)[Residential·Crown Heights, Brooklyn
### 819 DEAN Street, Brooklyn, NY 11238
5 Beds · 6 Baths · 4,615 sqft$4,698,000●ActiveCourtesy of Leslie J Garfield & Co Inc](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/819-dean-street-ny-11238)[Residential·Hell's Kitchen, Manhattan
### 445 West 54th Street #1E, New York, NY 10019
3 Beds · 2 Baths · 1,600 sqft$2,000,000●ActiveCourtesy of Corcoran Group](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/445-west-54th-street-1e-ny-10019)[Residential·Hell's Kitchen, Manhattan
### 322 West 57th Street #39F, New York, NY 10019
2 Beds · 2 Baths · 1,168 sqft$2,400,000●ActiveCourtesy of Brown Harris Stevens Residential Sales LLC](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/322-west-57th-street-39f-ny-10019)[Residential·Lincoln Square, Manhattan
### 101 West 67th Street #PH3BC, New York, NY 10023
3 Beds · 4 Baths · 5,132 sqft$22,000,000●ActiveCourtesy of Corcoran Group](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10023/101-west-67th-street-ph3bc-ny-10023)[Residential·Williamsburg, Brooklyn
### 308 North 7th Street #2F, Brooklyn, NY 11211
3 Beds · 3 Baths · 1,529 sqft$2,850,000●ActiveCourtesy of Compass](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11211/308-north-7th-street-2f-ny-11211)[Residential·East Village, Manhattan
### 52 East 4th Street #10, New York, NY 10003
2 Beds · 2 Baths · 1,359 sqft$2,500,000●ActiveCourtesy of Douglas Elliman Real Estate](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/52-east-4th-street-10-ny-10003)[Residential·Bushwick, Brooklyn
### 1259 Jefferson Avenue, Brooklyn, NY 11221
5 Beds · 5 Baths · 3,317 sqft$2,175,000●ActiveCourtesy of Compass](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11221/1259-jefferson-avenue-ny-11221)[Residential·Sutton Place, Manhattan
### 212 East 57th Street #21A, New York, NY 10022
3 Beds · 4 Baths · 1,923 sqft$2,475,000●ActiveCourtesy of Corcoran Group](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/212-east-57th-street-21a-ny-10022)[Residential·Financial District, Manhattan
### 20 PINE Street #907/908, New York, NY 10005
2 Beds · 3 Baths · 1,883 sqft$2,000,000●ActiveCourtesy of Serhant](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10005/20-pine-street-907908-ny-10005)[Residential·Lenox Hill, Manhattan
### 860 LEXINGTON Avenue, New York, NY 10021
6 Beds · 8 Baths · 1,280 sqft$12,750,000●ActiveCourtesy of Douglas Elliman Real Estate](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10021/860-lexington-avenue-ny-10021)[Residential·Tribeca, Manhattan
### 27 North MOORE Street #9B, New York, NY 10013
2 Beds · 2 Baths$3,750,000●ActiveCourtesy of Corcoran Group](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10013/27-north-moore-street-9b-ny-10013)[Residential·Ocean Hill, Brooklyn
### 288 Sumpter Street, Brooklyn, NY 11233
12 Beds · 4 Baths · 7,468 sqft$2,500,000●ActiveCourtesy of RE Max Edge Group](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11233/288-sumpter-street-ny-11233)[Residential·Lincoln Square, Manhattan
### 155 West 68th Street #404, New York, NY 10023
6 Beds · 3 Baths · 2,449 sqft$3,695,000●ActiveCourtesy of Corcoran Group](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10023/155-west-68th-street-404-ny-10023)[Residential·Upper East Side, Manhattan
### 303 East 77th Street #16-A, New York, NY 10075
3 Beds · 3 Baths · 1,691 sqft$2,695,000●ActiveCourtesy of R New York](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/303-east-77th-street-16a-ny-10075)[Residential·Lenox Hill, Manhattan
### 422 East 72nd Street #37AD, New York, NY 10021
4 Beds · 4 Baths · 3,207 sqft$6,750,000●ActiveCourtesy of Keller Williams NYC](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10021/422-east-72nd-street-37ad-ny-10021)[Residential·Tribeca, Manhattan
### 111 MURRAY Street #49E, New York, NY 10007
3 Beds · 5 Baths · 2,900 sqft$9,700,000●ActiveCourtesy of Douglas Elliman Real Estate](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10007/111-murray-street-49e-ny-10007)[Residential·Park Slope, Brooklyn
### 236 6th Avenue, Brooklyn, NY 11215
10 Beds · 7 Baths · 8,217 sqft$8,500,000●ActiveCourtesy of Weichert Properties](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11215/236-6th-avenue-ny-11215)[Residential·Greenpoint, Brooklyn
### 143 Milton Street, Brooklyn, NY 11222
3 Beds · 3 Baths · 2,330 sqft$3,995,000●ActiveCourtesy of Nest Seekers LLC](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11222/143-milton-street-ny-11222)[Residential·Upper East Side, Manhattan
### 200 East 62nd Street #5D, New York, NY 10065-8327
3 Beds · 3 Baths · 1,988 sqft$3,295,000●ActiveCourtesy of William J Farmer Inc](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10065-8327/200-east-62nd-street-5d-ny-10065-8327)

Buyer savings estimates are illustrative only. Actual amounts vary and are subject to transaction terms, lender approval, applicable law and listing-side compensation.


RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.

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