Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Luxury Manhattan Real Estate

1,693 properties priced at $3M and above

What a $3M+ NYC Apartment Purchase Involves

Buying a $3M+ apartment in NYC means a mansion tax of at least 1.50% of the full price, paid by the buyer at closing: $45,000 on a $3,000,000 contract, rising to 2.25% at $5,000,000, 3.25% at $10,000,000 and 3.90% at $25,000,000 and above. The rate applies to the whole price, so it is a cash cost on top of the down payment that a mortgage will not cover.

At this level the choice between a co-op and a condo shapes the whole purchase. A co-op purchase is a transfer of shares, and the board reviews the buyer's full financial package before approving it; a condo is deeded real property and generally needs no board approval. The mansion tax applies to both, since there is no co-op exemption.

Luxury Real Estate in Manhattan

Manhattan's luxury market ($3M+) includes full-service condos, pre-war co-ops in prime locations, penthouses, and townhouses. At this price point, buyers expect private viewings, early word on Coming Soon listings, and discretion throughout the transaction.

With over 25 years in NYC real estate, I search both REBNY RLS and OneKey MLS, including Coming Soon listings when the listing broker files them, and I call listing brokers directly about higher-price inventory. Use the form below to start a private search.

Ask for a private search

Tell me the price range and what you are after in Manhattan. I read every request myself, and nothing you write here is shared with a listing broker without your say.

Milton Coste | Licensed Real Estate Associate Broker | Keller Williams NYC | License #10301213304

You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.

175 5TH Avenue #8SOUTH Active

$15,300,000

Condo
4 bd | 5 ba |3,822 sqft

175 5TH Avenue #8SOUTH

Flatiron

Corcoran Sunshine Marketing Group RLS
262 CENTRAL Park W #10E Active

$15,250,000

Co-op
4 bd | 4 ba

262 CENTRAL Park W #10E

Upper West Side

Brown Harris Stevens Residential Sales LLC RLS
319-321 W 74th Street Active

$15,000,000

Single Family Residence
6 bd | 9 ba

319-321 W 74th Street

Upper West Side

Compass RLS
238 W 11th Street Active

$15,000,000

Single Family Residence
6 bd | 6 ba |5,344 sqft

238 W 11th Street

West Village

Sothebys International Realty RLS
730 PARK Avenue #15/16A Active

$15,000,000

Co-op
5 bd | 5 ba

730 PARK Avenue #15/16A

Lenox Hill

Corcoran Group RLS
432 PARK Avenue #35B Active

$15,000,000

Condo
4 bd | 5 ba |4,003 sqft

432 PARK Avenue #35B

Midtown East

Corcoran Group RLS
277 5th Avenue #PH53 Active

$15,000,000

Condo
4 bd | 4 ba |3,870 sqft

277 5th Avenue #PH53

NoMad

Compass RLS
100 E 53RD Street #10A Active

$15,000,000

Condo
4 bd | 5 ba |6,646 sqft

100 E 53RD Street #10A

Midtown East

Corcoran Group RLS
133 E 64TH Street #PHS/11C Active

$15,000,000

Co-op
7 bd | 7 ba

133 E 64TH Street #PHS/11C

Lenox Hill

Brown Harris Stevens Residential Sales LLC RLS
730 PARK Avenue #15/16A Active

$15,000,000

Co-op
5 bd | 5 ba

730 PARK Avenue #15/16A

Lenox Hill

Brown Harris Stevens Residential Sales LLC RLS
70 W 45TH Street #PH1 Active

$15,000,000

Condo
4 bd | 4 ba |2,580 sqft

70 W 45TH Street #PH1

Midtown

Corcoran Group RLS
28 E 72ND Street Active

$15,000,000

Single Family Residence
5 bd | 5 ba

28 E 72ND Street

Lenox Hill

Brown Harris Stevens Residential Sales LLC RLS
685 5TH Avenue #PHB Active

$15,000,000

Condo
2 bd | 3 ba |2,437 sqft

685 5TH Avenue #PHB

Midtown East

Serhant RLS
303 PARK Avenue #2702 Active

$15,000,000

Condo
4 bd | 5 ba |3,086 sqft

303 PARK Avenue #2702

Midtown East

Douglas Elliman Real Estate RLS
145 HUDSON Street #9A Active

$14,995,000

Condo
3 bd | 4 ba |3,908 sqft

145 HUDSON Street #9A

Tribeca

Brown Harris Stevens Residential Sales LLC RLS
20 W 53RD Street #PH43 Active

$14,995,000

Condo
4 bd | 5 ba |4,545 sqft

20 W 53RD Street #PH43

Midtown

Douglas Elliman Real Estate RLS
23 E 22ND Street #50A Active

$14,995,000

Condo
3 bd | 3 ba |2,723 sqft

23 E 22ND Street #50A

Flatiron

Douglas Elliman Real Estate RLS
810 5th Avenue #MAIS Active

$14,995,000

Co-op
5 bd | 7 ba

810 5th Avenue #MAIS

Lenox Hill

Compass RLS
116 E 61st Street Active

$14,995,000

Single Family Residence
6 bd | 7 ba |5,750 sqft

116 E 61st Street

Upper East Side

Nest Seekers LLC RLS
20 W 53RD Street #PH43 Active

$14,995,000

Condo
4 bd | 5 ba |4,545 sqft

20 W 53RD Street #PH43

Midtown

Corcoran Group RLS
116 E 61st Street Active

$14,995,000

Single Family Residence
6 bd | 6 ba |5,750 sqft

116 E 61st Street

Lenox Hill

Sothebys International Realty RLS
217 W 57TH Street #46B Active

$14,980,000

Condo
2 bd | 4 ba |2,640 sqft

217 W 57TH Street #46B

Central Park South

Douglas Elliman Real Estate RLS
535 W END Avenue #10 Active

$14,950,000

Condo
7 bd | 8 ba |8,451 sqft

535 W END Avenue #10

Upper West Side

Corcoran Group RLS
157 W 57TH Street #51C Active

$14,950,000

Condo
4 bd | 5 ba |3,466 sqft

157 W 57TH Street #51C

Central Park South

Serhant RLS
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Frequently Asked Questions

What is the NYC mansion tax?
NYC imposes a mansion tax on purchases of $1M+ residential properties. The tax starts at 1% and increases progressively up to 3.9% for properties over $25M. This is paid by the buyer at closing.
Can I hear about luxury listings before they are widely advertised?
Sometimes. Some sellers start as Coming Soon on the RLS before full marketing, and REBNY rules set what can be shared and when. As a Licensed Real Estate Associate Broker at Keller Williams NYC, I search both REBNY RLS and OneKey MLS and tell clients about Coming Soon listings as soon as the rules allow.

Explore More

NYC Buyer GuidePrice DropsManhattan Market ReportManhattan LuxuryBrooklyn LuxuryNYC Homes $1M-$2MNYC Homes $2M-$3MAll Market Reports
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.
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