Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Luxury Manhattan Real Estate

1,694 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.

1150 5TH Avenue #11B Active

$9,995,000

Co-op
3 bd | 5 ba

1150 5TH Avenue #11B

Carnegie Hill

Brown Harris Stevens Residential Sales LLC RLS
152 Franklin Street #6 Active

$9,995,000

Condo
4 bd | 4 ba |3,900 sqft

152 Franklin Street #6

Tribeca

Bespoke Real Estate LLC RLS
40 BOND Street #5C Active

$9,995,000

Condo
3 bd | 4 ba |2,637 sqft

40 BOND Street #5C

NoHo

Douglas Elliman Real Estate RLS
362 W 19TH Street Active

$9,995,000

Single Family Residence
4 bd | 4 ba |3,300 sqft

362 W 19TH Street

Chelsea

Serhant RLS
222 E 61st Street Active

$9,995,000

Single Family Residence
5 bd | 5 ba |5,346 sqft

222 E 61st Street

Lenox Hill

Compass RLS
2211 BROADWAY #2C Active

$9,995,000

Condo
4 bd | 5 ba |4,252 sqft

2211 BROADWAY #2C

Upper West Side

Douglas Elliman Real Estate RLS
143 READE Street #17S Active

$9,995,000

Condo
3 bd | 4 ba |3,033 sqft

143 READE Street #17S

Tribeca

Serhant RLS
40 E 19TH Street #PH Active

$9,995,000

Co-op
5 bd | 5 ba

40 E 19TH Street #PH

Flatiron

Brown Harris Stevens Residential Sales LLC RLS
500 PARK Avenue #PENTHOUS39 Active

$9,995,000

Condo
7 bd | 5 ba |9,072 sqft

500 PARK Avenue #PENTHOUS39

Midtown East

Douglas Elliman Real Estate RLS
215 E 19TH Street #17D Active

$9,995,000

Condo
3 bd | 5 ba |3,469 sqft

215 E 19TH Street #17D

Gramercy Park

Douglas Elliman Real Estate RLS
438 E 12TH Street #PHD Active

$9,995,000

Condo
5 bd | 4 ba |3,161 sqft

438 E 12TH Street #PHD

East Village

Douglas Elliman Real Estate RLS
310 E HOUSTON Street #PH Active

$9,995,000

Condo
4 bd | 4 ba |3,000 sqft

310 E HOUSTON Street #PH

East Village

Douglas Elliman Real Estate RLS
127 E 64th Street #1/2 Active

$9,995,000

Condo
3 bd | 5 ba |4,052 sqft

127 E 64th Street #1/2

Lenox Hill

Compass RLS
936 5th Avenue #10 Active

$9,995,000

Co-op
5 bd | 5 ba |5,000 sqft

936 5th Avenue #10

Lenox Hill

Compass RLS
277 5th Avenue #46B Active

$9,990,000

Condo
3 bd | 4 ba |2,333 sqft

277 5th Avenue #46B

NoMad

Compass RLS
110 Central Park S #12AB Active

$9,975,000

Co-op
5 bd | 6 ba |4,275 sqft

110 Central Park S #12AB

Central Park South

Sothebys International Realty RLS
53 W 53RD Street #30B Active

$9,975,000

Condo
3 bd | 4 ba |3,794 sqft

53 W 53RD Street #30B

Midtown

Douglas Elliman Real Estate RLS
428 W 19TH Street #PH Active

$9,950,000

Condo
4 bd | 5 ba |3,421 sqft

428 W 19TH Street #PH

Chelsea

Corcoran Group RLS
49 CHAMBERS Street #PHB Active

$9,950,000

Condo
3 bd | 4 ba |3,924 sqft

49 CHAMBERS Street #PHB

Tribeca

Douglas Elliman Real Estate RLS
428 Columbus Avenue #PH Active

$9,950,000

Co-op
5 bd | 6 ba |5,285 sqft

428 Columbus Avenue #PH

Upper West Side

Compass RLS
56 E 1ST Street Active

$9,935,000

Multi Family
7 bd | 6 ba |6,090 sqft

56 E 1ST Street

East Village

Leslie J Garfield & Co Inc RLS
227 W 17th Street #7 Active

$9,900,000

Co-op
3 bd | 3 ba |4,800 sqft

227 W 17th Street #7

Chelsea

Sothebys International Realty RLS
1158 5TH Avenue #9/10A Active

$9,900,000

Co-op
5 bd | 7 ba

1158 5TH Avenue #9/10A

Carnegie Hill

Corcoran Group RLS
60 GREENWICH Avenue Active

$9,900,000

Multi Family
4 bd | 4 ba

60 GREENWICH Avenue

Greenwich Village

Douglas Elliman Real Estate 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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