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.

43 W 64TH Street #PH10B Active

$13,995,000

Condo
4 bd | 5 ba |4,002 sqft

43 W 64TH Street #PH10B

Lincoln Square

Douglas Elliman Real Estate RLS
67 FRANKLIN Street #PHB Active

$13,995,000

Condo
5 bd | 5 ba |4,568 sqft

67 FRANKLIN Street #PHB

Tribeca

Corcoran Group RLS
42 Downing Street Active

$13,995,000

Single Family Residence
6 bd | 7 ba |9,020 sqft

42 Downing Street

West Village

Compass RLS
200 E 83RD Street #28A Active

$13,995,000

Condo
5 bd | 6 ba |3,346 sqft

200 E 83RD Street #28A

Yorkville

Corcoran Group RLS
15 W 53RD Street #PHBC Active

$13,988,376

Condo
3 bd | 4 ba |9,298 sqft

15 W 53RD Street #PHBC

Midtown

Douglas Elliman Real Estate RLS
498 W END Avenue #12A Active

$13,950,000

Condo
5 bd | 6 ba |4,120 sqft

498 W END Avenue #12A

Upper West Side

Serhant RLS
240 Riverside Boulevard #PH-SUITE1 Active

$13,950,000

Condo
4 bd | 5 ba |4,673 sqft

240 Riverside Boulevard #PH-SUITE1

Lincoln Square

Nest Seekers LLC RLS
32 E 64th Street #8W Active

$13,900,000

Co-op
5 bd | 6 ba |5,800 sqft

32 E 64th Street #8W

Lenox Hill

Sothebys International Realty RLS
393 W END Avenue #PH Active

$13,900,000

Condo
5 bd | 5 ba |4,230 sqft

393 W END Avenue #PH

Upper West Side

Corcoran Group RLS
828 5TH Avenue #5 Active

$13,800,000

Co-op
3 bd | 4 ba |2,761 sqft

828 5TH Avenue #5

Lenox Hill

Corcoran Group RLS
1289 LEXINGTON Avenue #PHA Active

$13,750,000

Condo
5 bd | 6 ba |4,038 sqft

1289 LEXINGTON Avenue #PHA

Carnegie Hill

Brown Harris Stevens Residential Sales LLC RLS
1 Central Park S #Mansion 201 Active

$13,750,000

Condo
4 bd | 5 ba |4,665 sqft

1 Central Park S #Mansion 201

Central Park South

Howard Hanna NYC RLS
660 LEXINGTON Avenue #PHA Active

$13,750,000

Condo
4 bd | 5 ba |3,750 sqft

660 LEXINGTON Avenue #PHA

Midtown East

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

$13,750,000

Condo
3 bd | 4 ba |4,034 sqft

16 W 40TH Street #PHS

Midtown

Corcoran Sunshine Marketing Group RLS
38 E 63rd Street Active

$13,700,000

Single Family Residence
0 bd | 3 ba |8,700 sqft

38 E 63rd Street

Lenox Hill

Modlin Group LLC RLS
38 E 63RD Street Active

$13,700,000

Single Family Residence
0 bd | 3 ba |8,700 sqft

38 E 63RD Street

Lenox Hill

Brown Harris Stevens Residential Sales LLC RLS
217 W 57th Street #54W Active

$13,500,000

Condo
3 bd | 4 ba |3,165 sqft

217 W 57th Street #54W

Midtown

Extell Marketing Group LLC RLS
125 GREENWICH Street #PH1A Active

$13,500,000

Condo
3 bd | 4 ba |3,152 sqft

125 GREENWICH Street #PH1A

Financial District

Douglas Elliman Real Estate RLS
212 W 72ND Street #PHS Active

$13,500,000

Condo
4 bd | 5 ba |3,677 sqft

212 W 72ND Street #PHS

Lincoln Square

Douglas Elliman Real Estate RLS
64 E 66th Street Active

$13,500,000

Single Family Residence
6 bd | 0 ba |6,556 sqft

64 E 66th Street

Lenox Hill

Sothebys International Realty RLS
38 E 70TH Street Active

$13,500,000

Single Family Residence
7 bd | 5 ba

38 E 70TH Street

Lenox Hill

Leslie J Garfield & Co Inc RLS
414 E 50TH Street Active

$13,500,000

Single Family Residence
5 bd | 6 ba

414 E 50TH Street

Beekman

Douglas Elliman Real Estate RLS
33 Park Row #PH1 Active

$13,485,000

Condo
4 bd | 5 ba |3,534 sqft

33 Park Row #PH1

Financial District

Compass RLS
57 E 74TH Street Active

$13,200,000

Single Family Residence
7 bd | 7 ba |8,200 sqft

57 E 74TH Street

Lenox Hill

Brown Harris Stevens Residential Sales LLC 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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