--- title: "New Developments in Manhattan, NY" description: "726 new construction and sponsor condos for sale in Manhattan, median asking $2.5M. Compare buildings, closing costs and your Buyer Commission Share." url: "https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan" source: "Real Estate Rebate Team" --- Real Estate Rebate Team Licensed Broker NY & NJ · License: 10491211335 Manhattan · NEW DEVELOPMENT ADVISORY # New Developments for Sale in Manhattan, NY **726 new-development and sponsor residences** are for sale in **Manhattan**, at a median asking price of **$2.5M** and $2,070 per square foot. Inventory spans **267 developments**. Hudson Yards and Billionaires' Row get the coverage, but the deepest listed inventory right now sits on the Upper West Side, in East Midtown and in the Financial District. **45 new sponsor listings** have come to market in the past 7 days. **18 listings** have had a price cut in the past week. ## 726 new homes for sale in Manhattan, NY SORT: NEWEST ### Buyer Advantage Est. ### Buyer Advantage Est. ### Buyer Advantage Est. ### Buyer Advantage Est. ### Buyer Advantage Est. ### Buyer Advantage Est. ### Buyer Advantage Est. ### Buyer Advantage Est. ### Buyer Advantage Est. ### Buyer Advantage Est. ### Buyer Advantage Est. ### Buyer Advantage Est. ### Buyer Advantage Est. ### Buyer Advantage Est. ### Buyer Advantage Est. ### Buyer Advantage Est. ### Buyer Advantage Est. ### Buyer Advantage Est. ## Manhattan NY Real Estate market snapshot Active listings726 Median asking price$2,495,000 Median price per sq ft$2,070 Median size1,416 sq ft Median condo asking$2,925,000 (597) Median co-op asking$862,500 (110) Median townhouse asking$10,624,000 (8) By bedrooms: Studio 45 · 1 bed 190 · 2 bed 207 · 3 bed 140 · 4+ bed 133 Figures reflect active RLS listings at the time this page was built, after removing duplicate feed records. · Updated 3 October 2026 ## Manhattan home prices by size Home sizeMedian asking price[Studio (See homes)](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/studios-for-sale)$790,000[1 bedroom (See homes)](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/1-bedroom-apartments-for-sale)$1,272,500[2 bedrooms (See homes)](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/2-bedroom-apartments-for-sale)$2,295,000[3 bedrooms (See homes)](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/3-bedroom-apartments-for-sale)$4,700,000[4 bedrooms (See homes)](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/4-bedroom-apartments-for-sale)$8,997,500 Median asking price of current active listings, by bedroom count. ## New developments selling in Manhattan [### Waldorf Astoria Residences New York 19 listings for sale](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/waldorf-astoria-residences-new-york)[### Dorchester Towers 17 listings for sale](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/dorchester-towers)[### The Greenwich By Rafael Viñoly 17 listings for sale](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-greenwich-by-rafael-vi-oly)[### VITA 17 listings for sale](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/vita)[### 50 WEST 66TH STREET 17 listings for sale](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/50-west-66th-street)[### 53W53 16 listings for sale](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/53w53)[### 720 West End 16 listings for sale](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/720-west-end)[### 1 Wall Street 14 listings for sale](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1-wall-street) ## What a sponsor sale adds in Manhattan On a resale you pay your own closing costs. On a sponsor sale the offering plan customarily moves the seller’s transfer taxes and the sponsor’s attorney fee onto you as well. Those terms are negotiable, and on a unit that has been sitting they are often the part of the deal a sponsor will move on before the asking price. Median asking price here$2,495,000 Sponsor's New York State transfer tax$9,980 Sponsor's New York City transfer tax$35,554 Added at closing, before the attorney fee$45,534 Buyer Commission Share, illustrative$37,425 On the median asking price here, the Buyer Commission Share of $37,425 offsets most of the $45,534 of sponsor-side transfer taxes. The attorney fee sits on top of both. Transfer taxes at the published rates: 0.4% New York State, 0.65% at $3M and above, plus 1.425% New York City above $500,000. The sponsor’s attorney fee varies by deal and is not included. The Buyer Commission Share is illustrative, on a 3% buyer-broker commission; the commission on any given purchase is whatever the sponsor offers. [How new development closing costs work](https://realestaterebatesnewyork.com/new-development-closing-costs-nyc) · [Price a specific purchase](https://realestaterebatesnewyork.com/calculators/new-development-closing-cost-calculator) ## Where Manhattan's new-development inventory actually is The listings on this page cluster differently from the coverage. By live count the Upper West Side, East Midtown and the Financial District carry the most new-development and sponsor inventory in Manhattan, ahead of Hell's Kitchen, Midtown, Lincoln Square and Hudson Yards. Chelsea, Lenox Hill, Turtle Bay, Kips Bay and Gramercy Park each hold a meaningful block of it. Billionaires' Row accounts for a large share of the borough's new-development dollar volume and a small share of its listings. If your budget is under $3 million, the Upper West Side, the Financial District and Kips Bay are where the choice is, not 57th Street. ## What counts as a new development in Manhattan Two different things share this page. A new development is a building being sold for the first time under an offering plan, usually just before or just after completion. A sponsor unit is an apartment in an existing building still held by the original developer or converter and never previously sold. Both are bought from a sponsor rather than an individual owner, which is why they sit together: an offering plan instead of a seller's disclosure, no board approval in a condo, and closing costs that work differently from a resale. Almost all of it is condominium. New buildings in New York City are structured as condominiums rather than co-operatives, because a sponsor selling shares in a brand-new corporation would have to hand every buyer a board to satisfy. The exception worth knowing is a sponsor unit in an older co-op, which usually escapes both the board approval and the financing minimum that would otherwise apply. Explore new construction in [Brooklyn](https://realestaterebatesnewyork.com/new-developments/newyorkcity/brooklyn) and [Queens](https://realestaterebatesnewyork.com/new-developments/newyorkcity/queens), or the whole [Manhattan condo market](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/condos-for-sale). ## Featured Manhattan new developments - [One High Line](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/one-high-line), a 2022 new-construction condominium in Chelsea, beside the High Line. - [The Village West](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-village-west), a 2025 condominium in Greenwich Village. - [VITA](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/vita), a 2025 condominium in Hudson Yards. - [50 West 66th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/50-west-66th-street), a 2024 condominium in Lincoln Square on the Upper West Side. - [The Greenwich by Rafael Viñoly](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-greenwich-by-rafael-vi-oly), a 2024 condominium in the Financial District. - [1122 Madison Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1122-madison-avenue), a 2026 condominium on the Upper East Side. ## Buying new construction in Manhattan A new-development or sponsor unit is bought directly from the building's developer under its offering plan, and sponsor units typically do not require board approval. Closing costs differ from resale: buyers customarily pay the sponsor's New York State and New York City transfer taxes, plus the sponsor's attorney fee and the New York State mansion tax on purchases of $1 million and up. The transfer taxes alone add roughly 1.4 to 2.1 percent of the price, depending on where the purchase falls in the bands. Those terms sit in the offering plan and they are negotiable. On a unit that has been sitting, they are often the part of the deal a sponsor will move on before the asking price, so ask for them to be assumed before you negotiate the number down. Estimate a specific purchase with our [new-development closing-cost calculator](https://realestaterebatesnewyork.com/calculators/new-development-closing-cost-calculator) and [mansion-tax calculator](https://realestaterebatesnewyork.com/calculators/nyc-mansion-tax-calculator). ## Common questions about new developments in Manhattan ### What are some new developments in Manhattan? Buildings with current availability include 50 West 66th Street on the Upper West Side, One High Line in Chelsea, VITA in Hudson Yards, The Greenwich by Rafael Viñoly in the Financial District, The Village West in Greenwich Village and 1122 Madison Avenue on the Upper East Side. The grid above is the live list of every Manhattan sponsor and new-construction residence we carry, so it moves as units sell and new lines release. ### Where is Billionaires' Row in Manhattan? Billionaires' Row is the run of supertall towers along West 57th Street and its side streets between Columbus Circle and Park Avenue, including Central Park Tower and 53W53. It is a small share of the borough's new-development inventory rather than the center of it: most listed new construction in Manhattan sits well away from 57th Street. ### How much do new-construction condos cost in Manhattan? The median asking price across the 726 Manhattan new-development and sponsor residences on this page is $2.5M, or $2,070 per square foot. The range is wide. Studio and one-bedroom sponsor units trade under $1 million, while full-floor and penthouse product on 57th Street and the Upper West Side asks well into eight figures, so the median moves with whatever is on the market that week. ### Which Manhattan neighborhoods have the most new construction? By live listing count the deepest inventory is on the Upper West Side, in East Midtown and in the Financial District, followed by Hell's Kitchen, Midtown, Lincoln Square and Hudson Yards. Chelsea, Lenox Hill, Turtle Bay and Kips Bay each carry meaningful sponsor inventory as well. That ordering surprises people who follow the market through coverage of Hudson Yards and Billionaires' Row. ### Do Manhattan new-development sponsors negotiate on price? Less on the number than on everything around it. A recorded discount resets the benchmark for every unit still unsold in the offering plan, so a sponsor will usually protect the asking price and give ground elsewhere: assuming the transfer taxes it would otherwise pass to you, crediting common charges for a year or two, or funding a design allowance. Ask which of those is available before you make an offer on price. ### What is a sponsor unit? A sponsor unit is bought from the developer or the original converter of the building under its offering plan, not from a previous resident. It has never been lived in or never been sold, so there is no seller's disclosure history, the offering plan is the contract, and in a condo or a co-op the purchase usually skips board approval. ### What are the closing costs on a Manhattan new-development condo? New-development buyers customarily pay costs a resale buyer does not. The New York State transfer tax of 0.4 percent, rising to 0.65 percent at $3 million and above, and the New York City transfer tax of 1 percent, rising to 1.425 percent above $500,000, are the seller's by statute but passed to the buyer in most offering plans, and the sponsor's attorney fee sits on top. The New York State mansion tax starts at $1 million and rises in bands. Our new-development closing-cost calculator and mansion-tax calculator price a specific purchase. ### Is there a Buyer Commission Share on a Manhattan new development? Where the sponsor offers a buyer-side commission, we share part of it with you as a Buyer Commission Share, shown on each listing as your Estimated Buyer Savings and applied at closing. Register with us before you tour or contact a sales office. Most sponsors will not recognize a buyer's agent introduced after the first visit, and the share depends on that registration. ## Explore more new developments in Manhattan ### New developments by Manhattan neighborhood - [Upper West Side new developments](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/upper-west-side-manhattan) - [Financial District new developments](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/financial-district-manhattan) - [Midtown East new developments](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/east-midtown-manhattan) - [Lincoln Square new developments](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/lincoln-square-manhattan) - [Midtown new developments](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/midtown-manhattan) - [Chelsea new developments](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/chelsea-manhattan) Show moreShow less- [Hell's Kitchen new developments](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/hell-s-kitchen-manhattan) - [Lenox Hill new developments](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/lenox-hill-manhattan) - [Hudson Yards new developments](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/hudson-yards-manhattan) - [Kips Bay new developments](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/kips-bay-manhattan) - [Turtle Bay new developments](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/turtle-bay-manhattan) - [Yorkville new developments](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/yorkville-manhattan) ### New construction by Manhattan ZIP code - [10022 new construction homes](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10022) - [10019 new construction homes](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10019) - [10016 new construction homes](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10016) - [10011 new construction homes](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10011) - [10023 new construction homes](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10023) - [10025 new construction homes](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10025) Show moreShow less- [10018 new construction homes](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10018) - [10003 new construction homes](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10003) - [10005 new construction homes](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10005) - [10027 new construction homes](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10027) ### All homes for sale in Manhattan - [All homes for sale in Manhattan](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan) - [Condos for sale in Manhattan](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/condos-for-sale) - [Co-ops for sale in Manhattan](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/co-ops-for-sale) ### New developments across New York City - [New developments in Brooklyn](https://realestaterebatesnewyork.com/new-developments/newyorkcity/brooklyn) - [New developments in Queens](https://realestaterebatesnewyork.com/new-developments/newyorkcity/queens) ### New development buyer guides & tools - [New development closing costs in NYC](https://realestaterebatesnewyork.com/new-development-closing-costs-nyc) - [New development closing cost calculator](https://realestaterebatesnewyork.com/calculators/new-development-closing-cost-calculator) - [Mansion tax calculator](https://realestaterebatesnewyork.com/calculators/nyc-mansion-tax-calculator) - [How the Buyer Commission Share works](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 ## Before you walk into a sales office in Manhattan A sponsor's on-site agent works for the sponsor. Bringing your own broker costs you nothing, because the buyer-side commission is already written into the offering plan, and every eligible purchase earns a Buyer Commission Share: half of the buyer-side commission actually received, credited to you as Savings at Closing. 726 new-development and sponsor residences are for sale in Manhattan today, 45 of them listed in the past week. Tell me which buildings you are considering and I will tell you what the sponsor is actually giving on each: who absorbs the transfer taxes, how many units are still unsold on your line, and whether a resale in the same building works out cheaper all in. [Schedule a Private Consultation](https://realestaterebatesnewyork.com/contact)[Estimate Your Buyer Advantage](https://realestaterebatesnewyork.com/buyer-advantage) Loading map... Chat with us on WhatsApp MANHATTAN PROPERTY TYPE PRICE BEDS FilterNEWEST MANHATTANPRICE BEDS Layout [New · 8 hrs agoSponsor Residence·Residential·West Village, Manhattan ### 41 PERRY Street #2D, New York, NY 10014 1 Bed · 1 Bath$699,999●ActiveEstimated Buyer Advantage$17,499*Courtesy of Corcoran Group](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10014/41-perry-street-2d-ny-10014)[New · 9 hrs agoSponsor Residence·Residential·West Village, Manhattan ### 10 CHRISTOPHER Street #1E, New York, NY 10014 2 Beds · 2 Baths$2,495,000●ActiveEstimated Buyer Advantage$62,375*Courtesy of Corcoran Group](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10014/10-christopher-street-1e-ny-10014)[New · 10 hrs agoSponsor Residence·Residential·Sutton Place, Manhattan ### 200 East 59th Street #14A, New York, NY 10022 2 Beds · 3 Baths · 1,416 sqft$3,265,000●ActiveEstimated Buyer Advantage$81,625*Courtesy of The Agency Brokerage](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/200-east-59th-street-14a-ny-10022)[New · 10 hrs agoSponsor Residence·Residential·Sutton Place, Manhattan ### 200 East 59th Street #29D, New York, NY 10022 2 Beds · 3 Baths · 1,555 sqft$3,850,000●ActiveEstimated Buyer Advantage$96,250*Courtesy of The Agency Brokerage](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/200-east-59th-street-29d-ny-10022)[New · 10 hrs agoSponsor Residence·Residential·Hudson Heights, Manhattan ### 120 CABRINI Boulevard #43, New York, NY 10033 1 Bed · 1 Bath · 800 sqft$575,000●ActiveEstimated Buyer Advantage$14,375*Courtesy of Brown Harris Stevens Residential Sales LLC](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10033/120-cabrini-boulevard-43-ny-10033)[New · 11 hrs agoNew Development·Residential·NoMad, Manhattan ### 407 PARK Avenue #19B, New York, NY 10016 1 Bed · 1 Bath$798,000●ActiveEstimated Buyer Advantage$19,950*Courtesy of Brown Harris Stevens Residential Sales LLC](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/407-park-avenue-19b-ny-10016)[Sponsor Residence·Residential·Gramercy Park, Manhattan ### 333 East 14th Street #17D, New York, NY 10003 1 Bed · 1 Bath$595,000●ActiveEstimated Buyer Advantage$14,875*Courtesy of Corcoran Group](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/333-east-14th-street-17d-ny-10003)[New · 12 hrs agoSponsor Residence·Residential·Murray Hill, Manhattan ### 38 East 35th Street #3K, New York, NY 10016 1 Bed · 1 Bath · 579 sqft$1,150,000●ActiveEstimated Buyer Advantage$28,750*Courtesy of Corcoran Group](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/38-east-35th-street-3k-ny-10016)[New · 2 days agoSponsor Residence·Residential·Hudson Heights, Manhattan ### 143 BENNETT Avenue #5P, New York, NY 10040 2 Beds · 1 Bath · 1,000 sqft$675,000●ActiveEstimated Buyer Advantage$16,875*Courtesy of Brown Harris Stevens Residential Sales LLC](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10040/143-bennett-avenue-5p-ny-10040)[New · 2 days agoSponsor Residence·Residential·Midtown East, Manhattan ### 303 PARK Avenue #3910, New York, NY 10022 1 Bed · 2 Baths · 1,322 sqft$4,900,000●ActiveEstimated Buyer Advantage$122,500*Courtesy of Douglas Elliman Real Estate](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/303-park-avenue-3910-ny-10022)[New · 2 days agoSponsor Residence·Residential·Turtle Bay, Manhattan ### 234 East 46th Street #1504, New York, NY 10017 1 Bed · 1 Bath · 628 sqft$1,215,000●ActiveEstimated Buyer Advantage$30,375*Courtesy of Serhant](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10017/234-east-46th-street-1504-ny-10017)[New · 2 days agoSponsor Residence·Residential·Turtle Bay, Manhattan ### 234 East 46th Street #PH2102, New York, NY 10017 1 Bed · 1 Bath · 652 sqft$1,590,000●ActiveEstimated Buyer Advantage$39,750*Courtesy of Serhant](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10017/234-east-46th-street-ph2102-ny-10017)[New · 2 days agoSponsor Residence·Residential·Turtle Bay, Manhattan ### 234 East 46th Street #1505, New York, NY 10017 1 Bed · 1 Bath · 571 sqft$1,050,000●ActiveEstimated Buyer Advantage$26,250*Courtesy of Serhant](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10017/234-east-46th-street-1505-ny-10017)[New · 2 days agoSponsor Residence·Residential·Turtle Bay, Manhattan ### 234 East 46th Street #1401, New York, NY 10017 1 Bed · 1 Bath · 639 sqft$1,085,000●ActiveEstimated Buyer Advantage$27,125*Courtesy of Serhant](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10017/234-east-46th-street-1401-ny-10017)[New · 2 days agoSponsor Residence·Residential·Turtle Bay, Manhattan ### 234 East 46th Street #705, New York, NY 10017 1 Bed · 1 Bath · 627 sqft$990,000●ActiveEstimated Buyer Advantage$24,750*Courtesy of Serhant](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10017/234-east-46th-street-705-ny-10017)[New · 2 days agoSponsor Residence·Residential·Turtle Bay, Manhattan ### 234 East 46th Street #701, New York, NY 10017 1 Bed · 1 Bath · 639 sqft$975,000●ActiveEstimated Buyer Advantage$24,375*Courtesy of Serhant](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10017/234-east-46th-street-701-ny-10017)[New · 3 days agoSponsor Residence·Residential·Morningside Heights, Manhattan ### 543 West 122nd Street #9A, New York, NY 10027 2 Beds · 3 Baths · 1,452 sqft$1,850,000●ActiveEstimated Buyer Advantage$46,250*Courtesy of Brown Harris Stevens Development Marketing LLC](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/543-west-122nd-street-9a-ny-10027)[New · 3 days agoSponsor Residence·Residential·Financial District, Manhattan ### 75 WALL Street #PHL2, New York, NY 10005 3 Beds · 4 Baths · 2,433 sqft$3,250,000●ActiveEstimated Buyer Advantage$81,250*Courtesy of Platinum Forbes Global Properties](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10005/75-wall-street-phl2-ny-10005)[New · 3 days agoNew Development·Residential·Upper West Side, Manhattan ### 262 CENTRAL Park #10E, New York, NY 10024 4 Beds · 4 Baths$15,250,000●ActiveEstimated Buyer Advantage$381,250*Courtesy of Brown Harris Stevens Residential Sales LLC](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10024/262-central-park-10e-ny-10024)[New · 3 days agoSponsor Residence·Residential·Financial District, Manhattan ### 75 WALL Street #PHD2, New York, NY 10005 3 Beds · 4 Baths · 2,510 sqft$3,495,000●ActiveEstimated Buyer Advantage$87,375*Courtesy of Platinum Forbes Global Properties](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10005/75-wall-street-phd2-PHD2-ny-10005)[New · 3 days agoSponsor Residence·Residential·Kips Bay, Manhattan ### 501 3rd Avenue #32A, New York, NY 10016 1 Bed · 1 Bath · 810 sqft$1,585,000●ActiveEstimated Buyer Advantage$39,625*Courtesy of Douglas Elliman Real Estate](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/501-3rd-avenue-32a-ny-10016)[New · 3 days agoSponsor Residence·Residential·NoMad, Manhattan ### 34 East 30th Street #8, New York, NY 10016 3 Beds · 2 Baths$3,995,000●ActiveEstimated Buyer Advantage$99,875*Courtesy of Brown Harris Stevens Residential Sales LLC](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/34-east-30th-street-8-ny-10016)[New · 3 days agoSponsor Residence·Residential·Kips Bay, Manhattan ### 501 3rd Avenue #30D, New York, NY 10016 2 Beds · 2 Baths · 1,233 sqft$2,480,000●ActiveEstimated Buyer Advantage$62,000*Courtesy of Douglas Elliman Real Estate](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/501-3rd-avenue-30d-ny-10016)[New · 3 days agoSponsor Residence·Residential·Manhattan Valley, Manhattan ### 218 West 103rd Street #3G, New York, NY 10025 2 Beds · 2 Baths · 1,015 sqft$1,805,000●ActiveEstimated Buyer Advantage$45,125*Courtesy of Toll Brothers Real Estate Inc](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10025/218-west-103rd-street-3g-ny-10025) 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. ```json {"@context":"https://schema.org","@type":"RealEstateAgent","@id":"https://realestaterebatesnewyork.com/#organization","name":"Real Estate Rebate Team","alternateName":"Real Estate Rebate NYC","url":"https://realestaterebatesnewyork.com","logo":"https://realestaterebatesnewyork.com/logo_black.png","image":"https://realestaterebatesnewyork.com/logo_black.png","description":"Real Estate Rebate Team is a licensed NYC residential brokerage helping buyers compare condos, co-ops, penthouses, townhouses, new developments, sponsor units, closing costs, mansion tax exposure, and potential buyer savings at closing.","email":"info@real-estate-rebate.com","telephone":"+1-315-514-0164","address":{"@type":"PostalAddress","streetAddress":"257 13th Street","addressLocality":"Brooklyn","addressRegion":"NY","postalCode":"11215","addressCountry":"US"},"geo":{"@type":"GeoCoordinates","latitude":40.6643,"longitude":-73.9904},"priceRange":"$$$","areaServed":{"@type":"City","name":"New York","@id":"https://en.wikipedia.org/wiki/New_York_City"},"sameAs":["https://www.facebook.com/profile.php?id=61550227271910","https://www.instagram.com/real_estate_rebate_team2023/","https://www.linkedin.com/in/real-estate-rebate-team-a8201526b/","https://x.com/Realrebate10011","https://www.tiktok.com/@realestaterebateteam"]} {"@context":"https://schema.org","@type":"CollectionPage","@id":"https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan#collectionpage","url":"https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan","name":"New Developments in Manhattan, NY | New Construction Condos","description":"726 new construction and sponsor condos for sale in Manhattan, median asking $2.5M. 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The grid above is the live list of every Manhattan sponsor and new-construction residence we carry, so it moves as units sell and new lines release."}},{"@type":"Question","name":"Where is Billionaires' Row in Manhattan?","acceptedAnswer":{"@type":"Answer","text":"Billionaires' Row is the run of supertall towers along West 57th Street and its side streets between Columbus Circle and Park Avenue, including Central Park Tower and 53W53. It is a small share of the borough's new-development inventory rather than the center of it: most listed new construction in Manhattan sits well away from 57th Street."}},{"@type":"Question","name":"How much do new-construction condos cost in Manhattan?","acceptedAnswer":{"@type":"Answer","text":"The median asking price across the 726 Manhattan new-development and sponsor residences on this page is $2.5M, or $2,070 per square foot. The range is wide. Studio and one-bedroom sponsor units trade under $1 million, while full-floor and penthouse product on 57th Street and the Upper West Side asks well into eight figures, so the median moves with whatever is on the market that week."}},{"@type":"Question","name":"Which Manhattan neighborhoods have the most new construction?","acceptedAnswer":{"@type":"Answer","text":"By live listing count the deepest inventory is on the Upper West Side, in East Midtown and in the Financial District, followed by Hell's Kitchen, Midtown, Lincoln Square and Hudson Yards. Chelsea, Lenox Hill, Turtle Bay and Kips Bay each carry meaningful sponsor inventory as well. That ordering surprises people who follow the market through coverage of Hudson Yards and Billionaires' Row."}},{"@type":"Question","name":"Do Manhattan new-development sponsors negotiate on price?","acceptedAnswer":{"@type":"Answer","text":"Less on the number than on everything around it. A recorded discount resets the benchmark for every unit still unsold in the offering plan, so a sponsor will usually protect the asking price and give ground elsewhere: assuming the transfer taxes it would otherwise pass to you, crediting common charges for a year or two, or funding a design allowance. Ask which of those is available before you make an offer on price."}},{"@type":"Question","name":"What is a sponsor unit?","acceptedAnswer":{"@type":"Answer","text":"A sponsor unit is bought from the developer or the original converter of the building under its offering plan, not from a previous resident. It has never been lived in or never been sold, so there is no seller's disclosure history, the offering plan is the contract, and in a condo or a co-op the purchase usually skips board approval."}},{"@type":"Question","name":"What are the closing costs on a Manhattan new-development condo?","acceptedAnswer":{"@type":"Answer","text":"New-development buyers customarily pay costs a resale buyer does not. The New York State transfer tax of 0.4 percent, rising to 0.65 percent at $3 million and above, and the New York City transfer tax of 1 percent, rising to 1.425 percent above $500,000, are the seller's by statute but passed to the buyer in most offering plans, and the sponsor's attorney fee sits on top. The New York State mansion tax starts at $1 million and rises in bands. Our new-development closing-cost calculator and mansion-tax calculator price a specific purchase."}},{"@type":"Question","name":"Is there a Buyer Commission Share on a Manhattan new development?","acceptedAnswer":{"@type":"Answer","text":"Where the sponsor offers a buyer-side commission, we share part of it with you as a Buyer Commission Share, shown on each listing as your Estimated Buyer Savings and applied at closing. Register with us before you tour or contact a sales office. Most sponsors will not recognize a buyer's agent introduced after the first visit, and the share depends on that registration."}}]} {"@context":"https://schema.org","@type":"BreadcrumbList","@id":"https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://realestaterebatesnewyork.com/"},{"@type":"ListItem","position":2,"name":"New Developments","item":"https://realestaterebatesnewyork.com/new-developments"},{"@type":"ListItem","position":3,"name":"Manhattan","item":"https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan"}]} ```