Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Luxury Manhattan Real Estate

1,684 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.

100 11th Avenue #16C Active

$5,850,000

Condo
3 bd | 4 ba |2,650 sqft

100 11th Avenue #16C

Chelsea

Sothebys International Realty RLS
53 W 53RD Street #27C Active

$5,850,000

Condo
2 bd | 3 ba |2,136 sqft

53 W 53RD Street #27C

Midtown

Douglas Elliman Real Estate RLS
502 E 87TH Street Active

$5,850,000

Single Family Residence
4 bd | 4 ba |3,240 sqft

502 E 87TH Street

Yorkville

Leslie J Garfield & Co Inc RLS
212 W 72ND Street #18B Active

$5,850,000

Condo
4 bd | 4 ba |2,212 sqft

212 W 72ND Street #18B

Lincoln Square

Douglas Elliman Real Estate RLS
25 HARRISON Street Active

$5,850,000

Single Family Residence
4 bd | 3 ba |2,880 sqft

25 HARRISON Street

Tribeca

Corcoran Group RLS
212 Warren Street #17-C Active

$5,850,000

Condo
4 bd | 4 ba |2,595 sqft

212 Warren Street #17-C

Battery Park City

R New York RLS
720 W END Avenue #TH2J Active

$5,850,000

Condo
3 bd | 4 ba |2,722 sqft

720 W END Avenue #TH2J

Upper West Side

Corcoran Sunshine Marketing Group RLS
137 E 66TH Street #4/5A Active

$5,850,000

Co-op
4 bd | 4 ba

137 E 66TH Street #4/5A

Lenox Hill

Corcoran Group RLS
53 W 53RD Street #24D Active

$5,800,000

Condo
2 bd | 3 ba |2,490 sqft

53 W 53RD Street #24D

Midtown

Douglas Elliman Real Estate RLS
157 W 57th Street #50B Active

$5,800,000

Condo
2 bd | 3 ba |2,009 sqft

157 W 57th Street #50B

Midtown

Compass RLS
1 Central Park S #1303 Active

$5,795,000

Condo
2 bd | 3 ba |1,882 sqft

1 Central Park S #1303

Central Park South

Compass RLS
207 W 79TH Street #5A Active

$5,795,000

Condo
4 bd | 4 ba |1,995 sqft

207 W 79TH Street #5A

Upper West Side

Brown Harris Stevens Residential Sales LLC RLS
10 MADISON Square W #14A Active

$5,795,000

Condo
3 bd | 4 ba |2,205 sqft

10 MADISON Square W #14A

Flatiron

Douglas Elliman Real Estate RLS
Active

$5,782,500

Condo
4 bd | 5 ba |3,096 sqft

60 Riverside Boulevard #PH-3602

Lincoln Square

Bespoke Real Estate LLC RLS
235 W 75TH Street #312 Active

$5,750,000

Condo
4 bd | 5 ba |3,228 sqft

235 W 75TH Street #312

Upper West Side

Corcoran Group RLS
515 W 29th Street #9 Active

$5,750,000

Condo
2 bd | 3 ba |2,419 sqft

515 W 29th Street #9

Chelsea

Howard Hanna NYC RLS
15 W 96th Street #11 Active

$5,750,000

Condo
3 bd | 3 ba |2,659 sqft

15 W 96th Street #11

Upper West Side

Compass RLS
30 WARREN Street #9A Active

$5,750,000

Condo
3 bd | 3 ba |2,350 sqft

30 WARREN Street #9A

Tribeca

Douglas Elliman Real Estate RLS
1001 5th Avenue #18A Active

$5,750,000

Co-op
3 bd | 4 ba

1001 5th Avenue #18A

Upper East Side

Compass RLS
230 W 56TH Street #66A Active

$5,750,000

Condo
3 bd | 4 ba |2,292 sqft

230 W 56TH Street #66A

Midtown

Douglas Elliman Real Estate RLS
176 E 71ST Street #2AF Active

$5,750,000

Co-op
4 bd | 5 ba

176 E 71ST Street #2AF

Lenox Hill

Douglas Elliman Real Estate RLS
949 PARK Avenue #TRIPLEX4 Active

$5,750,000

Condo
2 bd | 3 ba |2,980 sqft

949 PARK Avenue #TRIPLEX4

Upper East Side

Corcoran Group RLS
611 W 56th Street #PH-1 Active

$5,749,000

Condo
4 bd | 5 ba |3,357 sqft

611 W 56th Street #PH-1

Hell's Kitchen

Sporn Group LLC RLS
26 W 9th Street #MAISONETTE Active

$5,749,000

Condo
4 bd | 4 ba |2,791 sqft

26 W 9th Street #MAISONETTE

Greenwich Village

Reuveni 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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