It should come as no surprise that the Northeast region of the United States has the highest property tax rates, but where does New York fit into the mix?
Could you imagine having millions of dollars to be able to afford this penthouse's monthly mortgage rate of $1,172,859? Don't get me wrong, it's absolutely beautiful, but that price tag is insane.
It looks like they've had a hard time finding someone to purchase the gorgeous 12,590 square foot property. That's why the "Gem on The Lake" is being offered by luxury private auction instead.