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Seller's Corner·June 14, 2026

How to Sell Your Manhattan or Brooklyn Home in 2026

The Complete Seller's Guide

Selling in New York City requires strategy, preparation, and the right representation. Here is what the 2026 market looks like — and how to position your home for the best possible outcome.

Selling a home in New York City is not a passive process. It requires deliberate preparation, a clear pricing strategy, a strong marketing plan, skilled negotiation, and steady management of a transaction that rarely goes from accepted offer to closing without at least one complication along the way.

In Manhattan and Brooklyn, buyers are informed. They watch the market closely, compare listings instantly, and can tell within the first two weeks whether a home is priced right, whether the marketing is serious, and whether the sellers are motivated. The decisions you make at the beginning of the process have an outsized effect on the outcome at the end.

At The Miller Markowicz Team at Corcoran, Andreea Miller and Steven Markowicz approach every listing with the same framework: understand the property deeply, understand the buyer clearly, build a strategy around both, and execute with precision and care. This guide is designed to give sellers an honest, practical picture of what it takes to sell well in Manhattan and Brooklyn in 2026.

The 2026 NYC Real Estate Market: What Sellers Need to Know

The Manhattan and Brooklyn market in 2026 is active but selective. Well-priced, well-presented homes in desirable neighborhoods are moving with strong demand and competitive offers. Overpriced or under-prepared listings are sitting — accumulating days on market and eventually selling for less than they should have.

Interest rate trends have influenced buyer purchasing power, and buyers have become more sensitive to monthly carrying costs as a result. This makes pricing accuracy more important than ever — a home priced $100,000 above market may generate far fewer showings than one priced at market, because buyers have already done the math on what they can carry.

Inventory has been relatively constrained in many segments, which benefits well-priced sellers. But the pied-à-terre tax — now in effect as of July 1, 2026 — has narrowed the pool of non-resident luxury buyers in the $5M+ segment. Sellers in that range should factor this into their expectations and strategy.

Below $3 million, the market in Manhattan and Brooklyn remains highly active. Downtown Brooklyn condos, Williamsburg lofts, Upper East Side co-ops, and well-priced Manhattan one- and two-bedrooms are all seeing steady demand from a qualified buyer pool.

Pricing Strategy: The Most Important Decision You Will Make

In New York City real estate, the listing price is the single most powerful tool a seller has. Set it right, and you create competition, urgency, and leverage. Set it too high, and you train the market to wait you out.

A strong pricing strategy is not just about finding the highest defensible number. It is about finding the price that attracts the right buyers, creates the right sense of value, and generates the momentum to close at or above that number.

What Goes Into a Pricing Analysis

Recent closed sales of comparable properties — similar size, floor, condition, and layout

Current active competition — what buyers are comparing your home to right now

Pending sales — where the market is trading today, not six months ago

Days on market trends — how quickly inventory is moving in your segment

Building reputation and floor premium

View, light, and layout premium or discount

Renovation quality and finish level relative to competing inventory

Monthly carrying costs and how they compare to alternatives

Buyer psychology in your specific price range

At The Miller Markowicz Team, we do not give a number without explaining the logic behind it. We build pricing recommendations from data — not from what we think you want to hear, and not from what it takes to win the listing.

Timing Your Listing: When to Go to Market

In Manhattan and Brooklyn, there are generally two primary selling seasons: spring (February through mid-June) and fall (September through November). Both seasons have advantages. Both can produce strong results.

Spring is traditionally the busiest period — buyer activity peaks in March and April. Inventory also tends to be highest, so competition among sellers is real. Fall has a shorter window but can be excellent — serious buyers who were outcompeted in spring return with renewed urgency and a shorter shopping window before the holidays.

Summer and December are generally quieter — but "quieter" does not mean bad. Serious buyers do not stop looking because it is July. And a well-priced home in a slow period can sometimes achieve a cleaner deal with less competition.

The most important timing variable is your own readiness. Going to market before the apartment is fully prepared is almost always a mistake. The right time to list is when the apartment is at its best — photographed well, staged thoughtfully, priced correctly, and with a full marketing plan ready to execute on day one.

Preparing Your Home: What to Do Before You List

The first two weeks of a listing are the most powerful. Buyers who see a home in its best condition in week one will offer more than those who see it after 60 days on market. Preparation is not optional — it is part of the pricing strategy.

1.

Declutter and depersonalize

Buyers need to see the apartment, not your life in it. Remove personal photos, excess furniture, and anything that makes the space feel smaller or more specific to your taste than to a broad buyer.

2.

Address deferred maintenance

Dripping faucets, cracked tiles, sticking doors, chipped paint — buyers notice everything. Small repairs signal that a home has been well maintained. Deferred maintenance signals the opposite. Fix the obvious things before you list.

3.

Paint in neutral tones

Fresh, neutral paint is one of the highest-return pre-sale investments you can make. It brightens the space, photographs well, and removes any taste-specific color choices that might alienate a buyer.

4.

Consider professional staging

Staged homes photograph better, show better, and typically sell faster and for more money. For vacant apartments especially, staging is almost always worth the investment. Even partial staging — key rooms only — can make a significant difference.

5.

Professional cleaning

A deep clean before photography and before the first showing sets the tone. Buyers walking into a clean, well-presented home are primed to see value — not problems.

6.

Evaluate what to fix vs. what to price in

Not every improvement is worth making before a sale. A kitchen gut renovation rarely pencils out. Cosmetic updates often do. Your agent should help you decide what to invest in and what to leave as-is — with pricing adjusted accordingly.

Marketing & Positioning: How Your Home Goes to Market

In New York City, most buyers begin their search online — on StreetEasy, Realtor.com, Corcoran.com, and through their agent. The marketing that reaches them before they walk in the door determines whether they walk in at all.

Strong marketing is not just exposure. It is positioning. The question every piece of marketing should answer is: why this home, why this building, why this neighborhood, and why now?

Professional photography

Non-negotiable. Listings without professional photography receive fewer clicks, fewer showings, and weaker offers. Great photography is not expensive relative to what it affects.

Videography and virtual tour

For premium listings and buyers searching from outside New York City, a well-produced video or virtual tour can dramatically expand the qualified buyer pool before a single in-person showing.

Thoughtfully written listing copy

Most listing descriptions are generic. Strong copy tells the story of the apartment — the light, the layout, the neighborhood, the lifestyle. It answers the buyer's emotional question before they set foot in the door.

Strategic broker outreach

In New York City, a significant portion of transactions are co-brokered. Targeted outreach to agents who actively represent buyers in your price range and property type — before the listing goes public — can create early momentum.

Broker open and public open houses

A well-attended broker open signals demand. A well-structured public open creates urgency. Timing, presentation, and follow-up all matter — an open house is not just a formality, it is a selling event.

Digital and social exposure

StreetEasy, Realtor.com, and Corcoran's full digital network. Targeted social media campaigns. Email marketing to active buyer databases. Reach matters — but positioning within that reach matters more.

Feedback collection and reporting

Every showing should generate feedback. Every piece of feedback should inform the strategy. A strong listing agent does not wait for an offer — they actively manage how the market is responding, week by week.

Managing Offers: How to Evaluate What You Receive

In a well-positioned listing, offers come with variables that go well beyond price. Understanding how to evaluate the full picture of an offer — and how to respond — is where meaningful value is either created or lost.

The key variables in any offer are: price, financing versus cash, down payment percentage, contingencies (mortgage, inspection), proposed closing date, and for co-ops, the buyer's financial strength and likely board approval. A buyer offering $50,000 less than another buyer but with no contingencies, 50% down, and a strong co-op profile may be the better choice.

When multiple offers arrive simultaneously, the approach matters. A best-and-final process should be structured clearly — communicated consistently to all parties, with a defined deadline and evaluation criteria. The goal is to create legitimate competition without alienating the strongest buyers.

Negotiation: Where the Outcome Is Shaped

The best negotiations in New York City real estate are not the loudest ones. They are the most prepared ones. At The Miller Markowicz Team, we believe negotiation is a continuous process — not a single moment when price is agreed upon, but an ongoing dynamic from the first offer through the final closing.

Pricing sets the stage. Preparation creates leverage. Feedback from showings informs tactics. And at the moment of offer and counter, the quality of your agent's read of the situation — the buyer's motivation, the competing interest level, the timing dynamics, the seller's flexibility — determines how much is left on the table or kept in your pocket.

Andreea Miller and Steven Markowicz take negotiation seriously because it is where real money is won or lost. Their approach is calm, data-driven, and deliberate. They advocate hard for sellers — and they know when to push and when to close.

From Contract to Closing: What Happens After You Accept an Offer

Accepting an offer is not the end of the process. It is the beginning of the most operationally complex phase. In NYC real estate, many transactions fall apart between accepted offer and closing — financing issues, inspection findings, co-op board rejections, appraisal gaps, and attorney disagreements can all threaten a deal.

A strong listing agent manages this phase actively — maintaining communication with the buyer's agent, tracking mortgage commitment deadlines, coordinating with attorneys, and anticipating problems before they surface. The goal is to keep the deal on track, keep both parties informed, and get to the closing table.

For co-op sales, the board package submission and interview process adds a layer of complexity that can take 4–8 weeks. Your agent should be helping the buyer understand what the board expects, providing building information that supports a strong application, and tracking the timeline carefully.

Seller Costs in NYC: What to Budget For

Before you close, understand what you will net. Seller costs in New York City are significant — and can meaningfully affect your net proceeds.

Broker commission

Typically 5–6% of the sale price, paid by the seller at closing and split between the listing and buyer's brokers.

NYC Transfer Tax

1% on sales up to $500,000; 1.425% on sales of $500,001 and above.

NYS Transfer Tax

0.4% on all residential sales.

Mansion Tax (on certain sales)

On sales of $1M or more, the mansion tax is paid by the buyer — but can affect negotiation dynamics at that threshold.

Flip tax (co-ops only)

Many co-op buildings charge a flip tax — typically 1–3% of the sale price or a per-share fee — payable by the seller at closing. Check your proprietary lease.

Attorney fees

Typically $3,000–$6,000 for a seller's attorney in a standard NYC residential transaction.

Move-out fees

Many buildings charge a move-out deposit or fee, paid directly to the building.

Mortgage payoff

If you carry a mortgage, your lender will require payoff at closing. Request a payoff statement from your lender before listing to understand your net proceeds.

On a $2 million sale in Manhattan, total seller closing costs — including commission, transfer taxes, attorney fees, and building fees — can easily reach $150,000–$180,000. Understanding your net proceeds before you list helps you make informed decisions about pricing, timing, and whether to sell now or wait.

Selling a Co-op vs. Selling a Condo: Key Differences

The process of selling a co-op and selling a condo shares the same broad arc — but the details differ in important ways.

Selling a Co-op

  • Board approval required — buyer must submit a full board package
  • Potential board interview
  • Flip tax may apply (check your proprietary lease)
  • Board rejection can kill a deal after attorney review
  • Sublet history and building rules affect buyer pool
  • Underlying mortgage and financial statements matter to buyers
  • Timeline: typically 90–120+ days from offer to close

Selling a Condo

  • Board review is typically a right-of-first-refusal process
  • Less board discretion — fewer rejections
  • No flip tax in most buildings
  • Broader buyer pool — investors, international buyers, pied-à-terre buyers
  • Building financials and common charge history matter
  • Tax abatement status can affect buyer's carrying costs
  • Timeline: typically 60–90 days from offer to close

Common Mistakes Sellers Make in Manhattan and Brooklyn

1.

Overpricing at launch

In Manhattan and Brooklyn, buyers are sophisticated and informed. An overpriced listing generates early showings out of curiosity, fails to attract serious offers, accumulates days on market, and ultimately sells for less than it would have if priced correctly from day one. Price right. Price once.

2.

Underpreparing the apartment

The first two weeks of a listing are the most powerful. Buyers and agents who see a home in its best possible condition will offer more than those who see it after 60 days on market. Preparation before launch is almost always worth the investment.

3.

Choosing an agent based on the highest price opinion

Some agents win listings by telling sellers what they want to hear. If one agent's suggested list price is dramatically higher than everyone else's, ask them to defend the number with data. Flattery is not a pricing strategy.

4.

Limiting showing availability

Restricting showings to narrow windows reduces buyer exposure and weakens your negotiating position. Flexibility is a competitive advantage.

5.

Rejecting the first offer too quickly

The first offer is often the best offer. Buyers who move early are motivated. Sellers who hold out for a better number after passing on a strong early offer often regret it.

6.

Focusing only on price in negotiation

The highest offer is not always the best offer. Financing terms, contingencies, down payment, closing date, and buyer qualifications all affect the probability of a successful close. A well-structured lower offer can be more valuable than a poorly-structured higher one.

7.

Not understanding the co-op board process

For co-op sellers, the board approval process is not a formality. A buyer who is poorly packaged, financially stretched, or interviewing poorly can be rejected — after you have already invested weeks in the transaction. Your agent should be vetting buyers before you accept an offer.

How The Miller Markowicz Team Approaches Seller Representation

At The Miller Markowicz Team at Corcoran, we build every listing strategy from the property outward. We do not use generic templates. We study the apartment, the building, the competition, and the buyer pool — and we build a plan specific to what will work for this property, in this market, at this moment.

Andreea Miller brings a meticulous analytical approach to pricing and positioning, and an elevated design sensibility to presentation and marketing. She helps sellers understand not just what their home is worth, but why — and how to communicate that value to buyers through every element of the listing.

Steven Markowicz brings hospitality-driven service, steady negotiation, and the kind of consistent communication that keeps sellers informed and transactions on track. He manages the operational complexity of a transaction with precision and care.

Together, we have closed over 200 transactions across Manhattan and Brooklyn — and we treat every listing as the significant event it is. For the people who trust us with their homes, the outcome matters. That is why we take the work seriously.

FAQ: Selling Your Manhattan or Brooklyn Home

How long does it take to sell a home in Manhattan or Brooklyn?

In a well-priced, well-prepared listing in a desirable neighborhood, you may receive offers within the first 1–3 weeks. From accepted offer to closing typically takes 60–90 days for condos and 90–120+ days for co-ops (which require board approval). Total timeline from listing to close: 3–6 months is typical.

How do I know what my home is worth?

Your agent should prepare a Comparative Market Analysis (CMA) that shows recent sales of similar properties — similar size, floor, condition, and building — along with active competition and pending sales. This gives you a realistic range, not just a number. Market value is what a motivated, informed buyer will pay in current conditions.

Should I renovate before selling?

In most cases, major renovations before a sale do not generate dollar-for-dollar returns. Cosmetic updates — paint, lighting, fixtures, staging — often do. The exception is a property in a neighborhood where turnkey buyers dominate and non-renovated homes sit. Your agent should give you an honest assessment of what your specific buyer pool expects.

What is a flip tax and do I have to pay it?

A flip tax is a fee charged by some co-op corporations upon the sale of shares. It is typically 1–3% of the sale price or a per-share fee. Not all co-ops have one. Check your proprietary lease — this is a seller cost that affects your net proceeds.

How do I choose between multiple offers?

Price is important, but it is only one variable. Consider: cash vs. financed (cash closes faster with fewer contingencies), contingencies (is there a mortgage contingency, inspection contingency?), down payment amount, proposed closing date, and for co-ops, how strong the buyer looks on paper for board approval. Your agent should help you evaluate the full picture.

What happens if a buyer's co-op board application is rejected?

If a co-op board rejects the buyer, the contract typically terminates and the buyer's deposit is returned. This is why it matters to pre-screen buyers carefully before accepting an offer on a co-op. A strong listing agent knows how to read buyer qualifications against the building's typical board standards.

Should I be home during showings?

No. Buyers feel more comfortable exploring a home and speaking candidly with their agent when the seller is not present. Leave the apartment before showings and let your agent manage the experience.

Final Thoughts: Selling Well Requires More Than a Listing

The difference between selling well and simply selling is strategy. In New York City, where the price points are high, the buyers are sophisticated, and the process is layered, the quality of representation you choose is one of the most consequential decisions you make.

The right listing agent should help you price correctly, prepare thoughtfully, market powerfully, negotiate skillfully, and manage the transaction to the closing table. They should tell you the truth — not just what you want to hear. And they should be invested in your outcome, not just their commission.

If you are thinking about selling in Manhattan or Brooklyn — now or in the months ahead — we would be glad to offer an honest assessment of your property, the current market, and what a thoughtful listing strategy would look like for your specific situation.

Disclaimer

Any figures in this guide are approximations. Rates, fees, and timelines vary by building, lender, and transaction, and tax law changes over time. Treat these as planning ranges, not quotes.

This is not legal or tax advice. The Miller Markowicz Team are licensed real estate professionals, not attorneys or accountants. Nothing here creates an attorney-client relationship. Always confirm your specific situation with your own attorney and accountant.

Written by

The Miller Markowicz Team at The Corcoran Group

Andreea Miller and Steven Markowicz are licensed real estate agents at The Corcoran Group specializing in condos, co-ops, townhouses, and new development across Manhattan and Brooklyn — including Downtown Brooklyn, DUMBO, Williamsburg, Park Slope, Chelsea, and the Upper East Side.

Andreea Miller

Co-Founder · Licensed Associate Real Estate Broker

Recognized among The Corcoran Group's Top 25 agents and ranked in the top 1.5% of agents nationwide by RealTrends. Known for analytical rigor in pricing and a design-led approach to preparing and presenting homes.

Steven Markowicz

Co-Founder · Licensed Real Estate Salesperson

A background in luxury hospitality shapes a client experience built on anticipation and responsiveness. Focused on Downtown Brooklyn, DUMBO, Williamsburg, and Boerum Hill, with deep new development experience.

Track Record

200+ transactions closed across Manhattan and Brooklyn

Top 25 at The Corcoran Group, five of the last six months

Top 1.5% of agents nationwide by RealTrends

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