Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Luxury Manhattan Real Estate

1,692 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.

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
455 W 19th Street #Penthouse2 Active

$14,950,000

Condo
4 bd | 4 ba |3,474 sqft

455 W 19th Street #Penthouse2

Chelsea

CORE Group Marketing LLC RLS
1 Central Park S #1801/03 Active

$14,900,000

Condo
4 bd | 4 ba |4,064 sqft

1 Central Park S #1801/03

Central Park South

Compass RLS
781 5th Avenue #17 Active

$14,900,000

Co-op
6 bd | 11 ba

781 5th Avenue #17

Lenox Hill

Compass RLS
53 W 53RD Street #17B Active

$14,880,000

Condo
4 bd | 4 ba |4,220 sqft

53 W 53RD Street #17B

Midtown

Douglas Elliman Real Estate RLS
175 5TH Avenue #17SOUTH Active

$14,850,000

Condo
3 bd | 3 ba |3,030 sqft

175 5TH Avenue #17SOUTH

Flatiron

Corcoran Sunshine Marketing Group RLS
166 Perry Street #5A Active

$14,750,000

Condo
5 bd | 6 ba |4,500 sqft

166 Perry Street #5A

West Village

Compass RLS
262 FIFTH Avenue #6 Active

$14,600,000

Condo
3 bd | 0 ba |4,406 sqft

262 FIFTH Avenue #6

NoMad

Sothebys International Realty RLS
201 E 74TH Street Active

$14,500,000

Single Family Residence
4 bd | 5 ba |5,069 sqft

201 E 74TH Street

Lenox Hill

Douglas Elliman Real Estate RLS
16 W 40TH Street #PHN Active

$14,500,000

Condo
4 bd | 5 ba |4,163 sqft

16 W 40TH Street #PHN

Midtown

Corcoran Sunshine Marketing Group RLS
159 E 61ST Street Active

$14,500,000

Single Family Residence
6 bd | 8 ba |7,500 sqft

159 E 61ST Street

Lenox Hill

Corcoran Group RLS
31 E 72nd Street #11 Active

$14,500,000

Co-op
4 bd | 4 ba

31 E 72nd Street #11

Lenox Hill

Compass RLS
200 E 59TH Street #PH34 Active

$14,500,000

Condo
2 bd | 4 ba |3,826 sqft

200 E 59TH Street #PH34

Sutton Place

The Agency Brokerage RLS
201 E 74TH Street #FLOOR30 Active

$14,500,000

Condo
4 bd | 5 ba |3,815 sqft

201 E 74TH Street #FLOOR30

Lenox Hill

Douglas Elliman Real Estate RLS
31 E 72ND Street #11FL Active

$14,500,000

Co-op
4 bd | 4 ba

31 E 72ND Street #11FL

Lenox Hill

Brown Harris Stevens Residential Sales LLC RLS
20 W 12TH Street Active

$14,500,000

Single Family Residence
8 bd | 8 ba |7,227 sqft

20 W 12TH Street

Greenwich Village

Brown Harris Stevens Residential Sales LLC RLS
23 Beekman Place Active

$14,495,000

Single Family Residence
9 bd | 10 ba |9,296 sqft

23 Beekman Place

Midtown East

Sothebys International Realty RLS
570 Broome Street #PHA/B Active

$14,495,000

Condo
4 bd | 4 ba |4,093 sqft

570 Broome Street #PHA/B

Hudson Square

Compass RLS
993 PARK Avenue #8/9C Active

$14,250,000

Co-op
5 bd | 5 ba

993 PARK Avenue #8/9C

Upper East Side

Douglas Elliman Real Estate RLS
303 PARK Avenue #2029 Active

$14,250,000

Condo
3 bd | 4 ba |2,689 sqft

303 PARK Avenue #2029

Midtown East

Douglas Elliman Real Estate RLS
993 PARK Avenue #8/9C Active

$14,250,000

Co-op
5 bd | 5 ba

993 PARK Avenue #8/9C

Upper East Side

Serhant RLS
240 PARK Avenue S #PH17 Active

$14,225,000

Condo
3 bd | 4 ba |3,900 sqft

240 PARK Avenue S #PH17

Flatiron

Douglas Elliman Real Estate RLS
100 BARCLAY Street #27BC Active

$14,000,000

Condo
6 bd | 8 ba |5,582 sqft

100 BARCLAY Street #27BC

Tribeca

Corcoran Group RLS
660 PARK Avenue #7THFLOOR Active

$14,000,000

Co-op
4 bd | 5 ba |4,700 sqft

660 PARK Avenue #7THFLOOR

Lenox Hill

Coldwell Banker Warburg RLS
Previous Page 12 of 71 Next

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.
Call Text Valuation