Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Luxury Manhattan Real Estate

1,698 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.

111 LEROY Street #PH2 Active

$8,495,000

Condo
3 bd | 4 ba |2,430 sqft

111 LEROY Street #PH2

West Village

Serhant RLS
111 LEROY Street #PH2 Active

$8,495,000

Condo
3 bd | 4 ba |2,430 sqft

111 LEROY Street #PH2

West Village

Corcoran Group RLS
402 W 20TH Street Active

$8,495,000

Multi Family
9 bd | 6 ba |6,545 sqft

402 W 20TH Street

Chelsea

Brown Harris Stevens Residential Sales LLC RLS
11 Beach Street #8C Active

$8,495,000

Condo
4 bd | 4 ba |3,108 sqft

11 Beach Street #8C

Tribeca

Sothebys International Realty RLS
368 3RD Avenue #PH34A Active

$8,495,000

Condo
3 bd | 4 ba |2,926 sqft

368 3RD Avenue #PH34A

Kips Bay

Brown Harris Stevens Residential Sales LLC RLS
6 W 20TH Street #5 Active

$8,475,000

Co-op
4 bd | 5 ba |4,100 sqft

6 W 20TH Street #5

Flatiron

Corcoran Group RLS
1115 5TH Avenue #11A Active

$8,450,000

Co-op
3 bd | 4 ba

1115 5TH Avenue #11A

Carnegie Hill

Corcoran Group RLS
27 E 79TH Street #DUPLEX7/8 Active

$8,450,000

Condo
5 bd | 6 ba |3,006 sqft

27 E 79TH Street #DUPLEX7/8

Upper East Side

Douglas Elliman Real Estate RLS
737 PARK Avenue #5C Active

$8,400,000

Condo
3 bd | 4 ba |2,915 sqft

737 PARK Avenue #5C

Lenox Hill

Douglas Elliman Real Estate RLS
211 W 14TH Street #7 Active

$8,395,000

Condo
3 bd | 4 ba |2,775 sqft

211 W 14TH Street #7

Chelsea

Douglas Elliman Real Estate RLS
25 COLUMBUS Circle #56D Active

$8,300,000

Condo
2 bd | 3 ba |1,862 sqft

25 COLUMBUS Circle #56D

Lincoln Square

Douglas Elliman Real Estate RLS
100 VANDAM Street #15A Active

$8,295,000

Condo
3 bd | 4 ba |2,565 sqft

100 VANDAM Street #15A

Hudson Square

Corcoran Group RLS
272 W 91st Street Active

$8,250,000

Single Family Residence
6 bd | 6 ba |6,072 sqft

272 W 91st Street

Upper West Side

Compass RLS
200 W 88TH Street #11A Active

$8,250,000

Condo
4 bd | 4 ba |2,825 sqft

200 W 88TH Street #11A

Upper West Side

Brown Harris Stevens Residential Sales LLC RLS
565 BROOME Street #N26A Active

$8,150,000

Condo
3 bd | 4 ba |2,244 sqft

565 BROOME Street #N26A

Hudson Square

Douglas Elliman Real Estate RLS
230 Central Park S #6DE Active

$8,100,000

Condop
3 bd | 0 ba |3,000 sqft

230 Central Park S #6DE

Central Park South

Sothebys International Realty RLS
170 E END Avenue #10CD Active

$8,100,000

Condo
6 bd | 7 ba |4,393 sqft

170 E END Avenue #10CD

Yorkville

Brown Harris Stevens Residential Sales LLC RLS
500 W 18TH Street #EAST18B Active

$8,015,000

Condo
3 bd | 4 ba |2,630 sqft

500 W 18TH Street #EAST18B

Chelsea

Corcoran Sunshine Marketing Group RLS
681 Greenwich Street #1 Active

$8,000,000

Multi Family
10 bd | 11 ba |5,081 sqft

681 Greenwich Street #1

West Village

Keller Williams NYC RLS
860 5th Avenue #PHJ Active

$8,000,000

Co-op
3 bd | 0 ba |2,115 sqft

860 5th Avenue #PHJ

Lenox Hill

Sothebys International Realty RLS
430 E 58TH Street #63A Active

$8,000,000

Condo
3 bd | 4 ba |2,301 sqft

430 E 58TH Street #63A

Sutton Place

Corcoran Sunshine Marketing Group RLS
815 Broadway #PH2 Active

$8,000,000

Condo
3 bd | 3 ba |2,696 sqft

815 Broadway #PH2

Greenwich Village

Sothebys International Realty RLS
1 LEXINGTON Avenue #8/9CD Active

$7,999,000

Co-op
5 bd | 4 ba

1 LEXINGTON Avenue #8/9CD

Gramercy Park

Corcoran Group RLS
83 SPRING Street #3 Active

$7,999,000

Condo
4 bd | 6 ba |3,806 sqft

83 SPRING Street #3

SoHo

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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