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.

1 Great Jones Alley #2A Active

$4,995,000

Condo
2 bd | 2 ba |1,778 sqft

1 Great Jones Alley #2A

NoHo

Compass RLS
875 PARK Avenue #9A Active

$4,995,000

Co-op
4 bd | 4 ba

875 PARK Avenue #9A

Lenox Hill

Brown Harris Stevens Residential Sales LLC RLS
1 Wall Street #701 Active

$4,995,000

Condo
3 bd | 4 ba |2,493 sqft

1 Wall Street #701

Financial District

One Wall Street Sales LLC RLS
284 LAFAYETTE Street #5D Active

$4,995,000

Co-op
3 bd | 3 ba |3,000 sqft

284 LAFAYETTE Street #5D

SoHo

Corcoran Group RLS
152 E 63RD Street #2 Active

$4,995,000

Condo
4 bd | 4 ba |2,825 sqft

152 E 63RD Street #2

Lenox Hill

The Agency Brokerage RLS
53 Murray Street #1 Active

$4,995,000

Condo
5 bd | 4 ba |5,355 sqft

53 Murray Street #1

Tribeca

Compass RLS
1 Wall Street #2516 Active

$4,995,000

Condo
3 bd | 3 ba |2,055 sqft

1 Wall Street #2516

Financial District

One Wall Street Sales LLC RLS
266 W 71st Street Active

$4,995,000

Mixed Use
4 bd | 5 ba |3,520 sqft

266 W 71st Street

Upper West Side

Compass RLS
611 W 56th Street #8B/9B Active

$4,995,000

Condo
4 bd | 5 ba |2,721 sqft

611 W 56th Street #8B/9B

Hell's Kitchen

Sporn Group LLC RLS
52 E 4th Street #PH3 Active

$4,995,000

Condo
2 bd | 2 ba |1,317 sqft

52 E 4th Street #PH3

East Village

Compass RLS
2 River Terrace #5R Active

$4,995,000

Condo
4 bd | 3 ba |2,156 sqft

2 River Terrace #5R

Battery Park City

Sothebys International Realty RLS
108 LEONARD Street #12G Active

$4,995,000

Condo
3 bd | 4 ba |2,017 sqft

108 LEONARD Street #12G

Tribeca

Douglas Elliman Real Estate RLS
40 BLEECKER Street #2F Active

$4,995,000

Condo
2 bd | 3 ba |1,525 sqft

40 BLEECKER Street #2F

NoHo

Brown Harris Stevens Residential Sales LLC RLS
2211 BROADWAY #5A Active

$4,995,000

Condo
2 bd | 2 ba |1,878 sqft

2211 BROADWAY #5A

Upper West Side

Douglas Elliman Real Estate RLS
489 W END Avenue Active

$4,950,000

Multi Family
11 bd | 10 ba |7,764 sqft

489 W END Avenue

Upper West Side

Leslie J Garfield & Co Inc RLS
329 E 18TH Street Active

$4,950,000

Single Family Residence
5 bd | 4 ba |4,800 sqft

329 E 18TH Street

Gramercy Park

Leslie J Garfield & Co Inc RLS
983 PARK Avenue #12A Active

$4,950,000

Co-op
3 bd | 4 ba

983 PARK Avenue #12A

Upper East Side

Brown Harris Stevens Residential Sales LLC RLS
15 Hudson Yards #27H Active

$4,950,000

Condo
3 bd | 3 ba |2,221 sqft

15 Hudson Yards #27H

Hudson Yards

Compass RLS
180 E 88th Street #10-A Active

$4,950,000

Condo
3 bd | 4 ba |1,952 sqft

180 E 88th Street #10-A

Carnegie Hill

PROMINENT PROPERTIES SOTHEBYS INTERNATIONAL REALTY RLS
1 E END Avenue #8/9B Active

$4,950,000

Co-op
4 bd | 5 ba

1 E END Avenue #8/9B

Yorkville

Corcoran Group RLS
111 W 67TH Street #41E Active

$4,950,000

Condo
3 bd | 3 ba |1,800 sqft

111 W 67TH Street #41E

Lincoln Square

Corcoran Group RLS
49 CHAMBERS Street #8E Active

$4,950,000

Condo
3 bd | 4 ba |2,975 sqft

49 CHAMBERS Street #8E

Tribeca

Brown Harris Stevens Residential Sales LLC RLS
43 W 64th Street #7B Active

$4,950,000

Condo
3 bd | 3 ba |2,337 sqft

43 W 64th Street #7B

Upper West Side

Compass RLS
303 PARK Avenue #2311 Active

$4,950,000

Condo
2 bd | 2 ba |1,129 sqft

303 PARK Avenue #2311

Midtown East

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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