NYC pied-à-terre surcharge · live

The pied-à-terre tax just created your next off-market deal.

Every Manhattan condo the city values at $1M+ that isn't a primary residence now carries an annual surcharge. We score the owners most likely to sell — and hand you the contact, before they ever list.

Pied-à-terre Radar · Manhattan condos1,284 flagged
220 Central Park South, #44
CORP · MC · free & clear · held 7y
$1.15M / yr
88
432 Park Ave, #58
LLC · HK · free & clear · held 7y
$1.09M / yr
87
520 Park Ave, #25
LLC · CH · free & clear · held 8y
$946K / yr
85
15 Central Park West, #20F
LLC · GB · free & clear · held 14y
$868K / yr
85
Check your area

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~1,200+
Manhattan condos flagged
~$112K
Median annual surcharge
~41%
Foreign-owned
~58%
Held free & clear
Why now

An annual tax just turned trophy second homes into a carrying cost.

The surcharge hits every Manhattan condo the city values at $1M or more that isn't an owner's primary residence — and it's annual, not a one-time hit. Foreign owners and free-and-clear holders feel it most. Each one now faces the same decision: keep paying, rent it out, or sell. The ones who sell are your deals — if you reach them before they list.

What you get

Off-market deal flow, scored and contactable.

01 · SCORED FEED

Ranked by motivation

Every flagged condo gets an Opportunity Score — non-primary confidence × tax pressure × your buy-box. Sort straight to the owners most likely to transact, filtered by neighborhood, value, and entity type.

02 · OWNER INTEL

The full picture

Who owns it, where they actually live, how long they've held, financed or free-and-clear, and their exact annual surcharge exposure. Every figure traced back to public property and ownership records.

03 · DIRECT CONTACT

Reach them first

Skip-traced phone and email for each owner, DNC-flagged, resolved on demand. Start the off-market conversation while everyone else waits for the listing.

How we find them

The city's own method, productized.

  • 01Pull the universe. Every Manhattan condo the city values at $1M+, pulled from public assessment records.
  • 02Flag non-primary owners. The same signal used to identify absentee ownership — units with no owner-occupancy exemption (STAR, senior, veterans) — plus out-of-state and foreign mailing addresses and LLC/trust ownership.
  • 03Layer in the deal math. Deeds and mortgages reveal years held, equity, and free-and-clear status — the levers that predict a sale.
  • 04Score it. Composite motivation score, calibrated against the city's own flagging.
A condo the city lists at $1.5M is often an $8–12M apartment.
Assessed values run a fraction of true market — which is exactly why the $1M threshold captures the heart of the luxury condo market, not just the very top. The affected universe is far larger than the “$5M+” headlines suggest.
The window

There's a clock on this.

Owners are about to learn they've been flagged. The motivated ones decide between now and year-end — and then they list.

NOW
Jul 1, 2026
Surcharge takes effect. The annual cost begins accruing.
Aug 30, 2026
DOF mails non-primary notices. Owners find out they're flagged.
Sep–Dec 2026
Keep / rent / sell decisions. The off-market window.
Jan 1, 2027
First bill due. Listings start hitting the open market.

Your window to reach owners first: now through year-end.

Who it's for

If you buy Manhattan condos off-market, this is your edge.

Acquisition fundsDevelopers & sponsorsFamily offices1031 buyersInvestor-side brokersPrivate capital
Access

One off-market deal pays for years of it.

$159/ mo
  • Full scored Manhattan condo feed
  • Owner intelligence + exact surcharge exposure
  • Skip-traced, DNC-flagged contacts on demand
  • Buy-box filters and saved-search alerts
Pro access. Higher tiers add multi-market coverage and team seats. Starting with Manhattan condos — more markets rolling out.

Get access

Subscribe to unlock the full Manhattan feed, or request a free sample of your market first.

Pied-à-terre Radar surfaces modeled estimates from public records to support off-market sourcing. Non-primary status and surcharge figures are estimates; the NYC Department of Finance's notice is the official determination of liability. This is not legal, tax, or investment advice. Owner outreach is subject to TCPA, the national and New York Do-Not-Call lists, and CAN-SPAM — subscribers are responsible for compliance before contacting any owner. Property and owner examples shown are illustrative.

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