Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Luxury Manhattan Real Estate

1,679 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.

1170 5TH Avenue #15A Active

$4,650,000

Co-op
3 bd | 3 ba |2,225 sqft

1170 5TH Avenue #15A

Carnegie Hill

Christies International Real Estate New York RLS
50 Riverside Boulevard #6-DE Active

$4,638,000

Condo
4 bd | 5 ba |2,675 sqft

50 Riverside Boulevard #6-DE

Lincoln Square

Nest Seekers LLC RLS
525 Broome Street #4 Active

$4,625,000

Condo
4 bd | 3 ba |2,250 sqft

525 Broome Street #4

SoHo

Compass RLS
15 W 53RD Street #19B Active

$4,600,000

Condo
2 bd | 3 ba |1,917 sqft

15 W 53RD Street #19B

Midtown

Brown Harris Stevens Residential Sales LLC RLS
708 GREENWICH Street #4/5F Active

$4,600,000

Co-op
2 bd | 3 ba

708 GREENWICH Street #4/5F

West Village

Corcoran Group RLS
450 E 52nd Street #2/3 Active

$4,600,000

Co-op
3 bd | 3 ba

450 E 52nd Street #2/3

Beekman

CORE Group Marketing LLC RLS
522 W 29th Street #3A Active

$4,600,000

Condo
3 bd | 4 ba |2,491 sqft

522 W 29th Street #3A

Chelsea

Compass RLS
22 W 66TH Street #7 Active

$4,595,000

Condo
3 bd | 3 ba |2,241 sqft

22 W 66TH Street #7

Lincoln Square

Corcoran Group RLS
161 HUDSON Street #2A Active

$4,595,000

Condo
3 bd | 3 ba |2,325 sqft

161 HUDSON Street #2A

Tribeca

Douglas Elliman Real Estate RLS
500 W 18TH Street #EAST_12F Active

$4,590,000

Condo
2 bd | 3 ba |1,751 sqft

500 W 18TH Street #EAST_12F

Chelsea

Corcoran Sunshine Marketing Group RLS
21 E 61st Street #8C Active

$4,550,000

Condop
2 bd | 3 ba |1,434 sqft

21 E 61st Street #8C

Lenox Hill

Compass RLS
720 W END Avenue #8C Active

$4,550,000

Condo
3 bd | 4 ba |2,045 sqft

720 W END Avenue #8C

Upper West Side

Corcoran Sunshine Marketing Group RLS
140 W 57TH Street #9A Active

$4,550,000

Condo
3 bd | 3 ba |1,780 sqft

140 W 57TH Street #9A

Midtown

Corcoran Sunshine Marketing Group RLS
515 W 18th Street #816 Active

$4,550,000

Condo
2 bd | 3 ba |1,614 sqft

515 W 18th Street #816

Chelsea

Compass RLS
344 W 72ND Street #403 Active

$4,550,000

Co-op
3 bd | 3 ba |2,440 sqft

344 W 72ND Street #403

Lincoln Square

Brown Harris Stevens Residential Sales LLC RLS
559 W 23rd Street #5/6 Active

$4,500,000

Condo
3 bd | 4 ba |2,410 sqft

559 W 23rd Street #5/6

Chelsea

Compass RLS
438 E 12TH Street #PHH Active

$4,500,000

Condo
3 bd | 3 ba |2,000 sqft

438 E 12TH Street #PHH

East Village

Corcoran Group RLS
147 Waverly Place #3W Active

$4,500,000

Condo
2 bd | 2 ba |1,458 sqft

147 Waverly Place #3W

West Village

Compass RLS
1 SUTTON Place S #11A Active

$4,500,000

Co-op
4 bd | 5 ba

1 SUTTON Place S #11A

Sutton Place

Brown Harris Stevens Residential Sales LLC RLS
360 E 72nd Street #C1801 Active

$4,500,000

Co-op
5 bd | 5 ba

360 E 72nd Street #C1801

Lenox Hill

Compass RLS
101 WARREN Street #510 Active

$4,500,000

Condo
2 bd | 3 ba |2,004 sqft

101 WARREN Street #510

Tribeca

Serhant RLS
200 E 65TH Street #28N Active

$4,500,000

Condo
3 bd | 4 ba |2,500 sqft

200 E 65TH Street #28N

Lenox Hill

Christies International Real Estate New York RLS
1 SUTTON Place S #11C Active

$4,500,000

Co-op
4 bd | 5 ba

1 SUTTON Place S #11C

Sutton Place

Brown Harris Stevens Residential Sales LLC RLS
192 8th Avenue #PH Active

$4,500,000

Condo
3 bd | 3 ba |1,587 sqft

192 8th Avenue #PH

Chelsea

Cote Luxury 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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