Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Luxury Manhattan Real Estate

1,681 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.

40 E 61ST Street #14A Active

$5,500,000

Condo
2 bd | 2 ba |1,362 sqft

40 E 61ST Street #14A

Lenox Hill

Douglas Elliman Real Estate RLS
72 Mercer Street #3E Active

$5,500,000

Condo
2 bd | 3 ba |2,142 sqft

72 Mercer Street #3E

SoHo

Compass RLS
8 E 83rd Street #7F Active

$5,500,000

Co-op
4 bd | 0 ba

8 E 83rd Street #7F

Upper East Side

Sothebys International Realty RLS
1 Central Park W #24-C Active

$5,500,000

Condo
2 bd | 3 ba |1,591 sqft

1 Central Park W #24-C

Upper West Side

Trump International Realty New York RLS
40 E 84th Street #17A Active

$5,500,000

Co-op
4 bd | 5 ba

40 E 84th Street #17A

Upper East Side

Compass RLS
126 E 57th Street #1401 Active

$5,500,000

Condo
3 bd | 3 ba |1,711 sqft

126 E 57th Street #1401

Midtown East

Nest Seekers LLC RLS
450 W 17TH Street #2507 Active

$5,500,000

Condo
3 bd | 3 ba |1,885 sqft

450 W 17TH Street #2507

Chelsea

Douglas Elliman Real Estate RLS
6 W 20TH Street #2 Active

$5,500,000

Co-op
4 bd | 4 ba |4,400 sqft

6 W 20TH Street #2

Flatiron

Serhant RLS
151 E 85TH Street #9E Active

$5,495,000

Condo
3 bd | 3 ba |2,480 sqft

151 E 85TH Street #9E

Upper East Side

Brown Harris Stevens Residential Sales LLC RLS
433 E 74th Street #4A Active

$5,495,000

Condo
5 bd | 6 ba

433 E 74th Street #4A

Lenox Hill

Sothebys International Realty RLS
188 E 64th Street #2506 Active

$5,495,000

Condo
4 bd | 5 ba |3,500 sqft

188 E 64th Street #2506

Lenox Hill

Sothebys International Realty RLS
439 LAFAYETTE Street #3 Active

$5,495,000

Co-op
3 bd | 3 ba |3,300 sqft

439 LAFAYETTE Street #3

NoHo

POLJAN PROPERTIES INC RLS
140 W 22nd Street #PHC Active

$5,495,000

Condo
3 bd | 4 ba |2,625 sqft

140 W 22nd Street #PHC

Chelsea

Compass RLS
900 5TH Avenue #6A Active

$5,495,000

Co-op
3 bd | 3 ba

900 5TH Avenue #6A

Lenox Hill

Corcoran Group RLS
60 BEACH Street #6A Active

$5,495,000

Condo
2 bd | 3 ba |2,297 sqft

60 BEACH Street #6A

Tribeca

Corcoran Group RLS
313 E 6TH Street #GARDEN Active

$5,495,000

Triplex
2 bd | 4 ba |2,772 sqft

313 E 6TH Street #GARDEN

East Village

Corcoran Group RLS
321 E 6TH Street Active

$5,495,000

Multi Family
8 bd | 8 ba |4,900 sqft

321 E 6TH Street

East Village

Leslie J Garfield & Co Inc RLS
845 United Nations Plaza #77A Active

$5,495,000

Condo
3 bd | 3 ba |2,476 sqft

845 United Nations Plaza #77A

Midtown East

Compass RLS
106 Central Park S #12-A Active

$5,495,000

Condo
3 bd | 4 ba |2,821 sqft

106 Central Park S #12-A

Central Park South

Trump International Realty New York RLS
327 E 18TH Street Active

$5,495,000

Single Family Residence
5 bd | 3 ba |4,877 sqft

327 E 18TH Street

Gramercy Park

Serhant RLS
73 WORTH Street #PHF Active

$5,495,000

Condo
3 bd | 2 ba |2,638 sqft

73 WORTH Street #PHF

Tribeca

Douglas Elliman Real Estate RLS
134 BEEKMAN Street Active

$5,495,000

Single Family Residence
2 bd | 2 ba |2,295 sqft

134 BEEKMAN Street

South Street Seaport

Corcoran Group RLS
1088 PARK Avenue #9A Active

$5,495,000

Co-op
4 bd | 4 ba

1088 PARK Avenue #9A

Carnegie Hill

Corcoran Group RLS
405 GREENWICH Street #PH Active

$5,495,000

Condo
2 bd | 2 ba |2,312 sqft

405 GREENWICH Street #PH

Tribeca

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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