Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Luxury Manhattan Real Estate

1,680 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.

220 RIVERSIDE Boulevard #39C Active

$4,999,000

Condo
5 bd | 5 ba |3,344 sqft

220 RIVERSIDE Boulevard #39C

Lincoln Square

Douglas Elliman Real Estate RLS
Active

$4,999,000

Condo
3 bd | 4 ba |2,221 sqft

180 Ave of Americas #9B

SoHo

Serhant RLS
340 E 72nd Street #4-SOUTH Active

$4,999,000

Co-op
4 bd | 4 ba

340 E 72nd Street #4-SOUTH

Lenox Hill

Compass RLS
45 WARREN Street #1 Active

$4,998,000

Condo
3 bd | 5 ba |8,400 sqft

45 WARREN Street #1

Tribeca

Brown Harris Stevens Residential Sales LLC RLS
530 E 76th Street #PH35H36H Active

$4,998,000

Condo
3 bd | 4 ba |2,441 sqft

530 E 76th Street #PH35H36H

Upper East Side

Keller Williams NYC RLS
515 PARK Avenue #4B Active

$4,995,000

Condo
2 bd | 3 ba |2,200 sqft

515 PARK Avenue #4B

Lenox Hill

Corcoran Group RLS
17 W 17TH Street #6 Active

$4,995,000

Co-op
4 bd | 5 ba |4,700 sqft

17 W 17TH Street #6

Flatiron

Douglas Elliman Real Estate RLS
338 W 71st Street Active

$4,995,000

Single Family Residence
6 bd | 6 ba |6,626 sqft

338 W 71st Street

Upper West Side

Compass RLS
1289 LEXINGTON Avenue #7D Active

$4,995,000

Condo
3 bd | 4 ba |2,428 sqft

1289 LEXINGTON Avenue #7D

Carnegie Hill

Corcoran Group RLS
160 E 72ND Street #2AB Active

$4,995,000

Co-op
4 bd | 5 ba

160 E 72ND Street #2AB

Lenox Hill

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

$4,995,000

Condo
3 bd | 4 ba |3,647 sqft

545 W 20TH Street #5B

Chelsea

Douglas Elliman Real Estate RLS
111 LEROY Street #3C/D Active

$4,995,000

Condo
2 bd | 3 ba |1,722 sqft

111 LEROY Street #3C/D

West Village

Brown Harris Stevens Residential Sales LLC RLS
40 E END Avenue #12A Active

$4,995,000

Condo
3 bd | 4 ba |2,229 sqft

40 E END Avenue #12A

Yorkville

Corcoran Group RLS
580 Park Avenue #3A Active

$4,995,000

Co-op
4 bd | 3 ba

580 Park Avenue #3A

Lenox Hill

Compass RLS
530 E 76th Street #21E/22CDEG Active

$4,995,000

Condo
5 bd | 5 ba |4,952 sqft

530 E 76th Street #21E/22CDEG

Lenox Hill

Sothebys International Realty RLS
1060 5TH Avenue #10C Active

$4,995,000

Co-op
2 bd | 3 ba

1060 5TH Avenue #10C

Carnegie Hill

Corcoran Group RLS
252 7TH Avenue #PHP Active

$4,995,000

Condo
3 bd | 4 ba |2,525 sqft

252 7TH Avenue #PHP

Chelsea

Argo Residential RLS
500 W 18TH Street #W12D Active

$4,995,000

Condo
2 bd | 3 ba |1,736 sqft

500 W 18TH Street #W12D

Chelsea

Corcoran Group RLS
Active

$4,995,000

Condo
4 bd | 3 ba |2,500 sqft

500 W END Avenue #1GA

Upper West Side

Serhant RLS
24 W 96TH Street Active

$4,995,000

Multi Family
8 bd | 9 ba |6,310 sqft

24 W 96TH Street

Upper West Side

Brown Harris Stevens Residential Sales LLC RLS
344 W 72ND Street #603 Active

$4,995,000

Co-op
3 bd | 3 ba

344 W 72ND Street #603

Lincoln Square

Douglas Elliman Real Estate RLS
252 7th Avenue #PHP Active

$4,995,000

Condo
3 bd | 4 ba |2,525 sqft

252 7th Avenue #PHP

Chelsea

Compass RLS
Active

$4,995,000

Condo
5 bd | 4 ba |2,427 sqft

1438 3RD Avenue #24B

Upper East Side

Douglas Elliman Real Estate RLS
1 E 66th Street #9EF Active

$4,995,000

Co-op
3 bd | 4 ba

1 E 66th Street #9EF

Lenox Hill

Sothebys International Realty 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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