Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Luxury Manhattan Real Estate

1,674 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.

68 W 68th Street Active

$4,500,000

Multi Family
10 bd | 10 ba |6,517 sqft

68 W 68th Street

Upper West Side

Compass RLS
160 CENTRAL Park S #401 Active

$4,500,000

Condo
3 bd | 3 ba |2,058 sqft

160 CENTRAL Park S #401

Central Park South

Douglas Elliman Real Estate RLS
181 E 65th Street #5E Active

$4,500,000

Condo
3 bd | 3 ba |1,815 sqft

181 E 65th Street #5E

Lenox Hill

Compass RLS
785 5th Avenue #12C Active

$4,500,000

Co-op
2 bd | 3 ba |2,400 sqft

785 5th Avenue #12C

Lenox Hill

Compass RLS
112 PRINCE Street #3 Active

$4,500,000

Co-op
2 bd | 2 ba |2,500 sqft

112 PRINCE Street #3

SoHo

Douglas Elliman Real Estate RLS
11 W 121st Street Active

$4,500,000

Single Family Residence
7 bd | 6 ba |7,180 sqft

11 W 121st Street

Central Harlem

Vandenberg Inc RLS
21 E 61ST Street #12C Active

$4,500,000

Condop
2 bd | 2 ba |1,351 sqft

21 E 61ST Street #12C

Lenox Hill

Corcoran Group RLS
101 W 24th Street #36C Active

$4,500,000

Condo
2 bd | 3 ba |1,673 sqft

101 W 24th Street #36C

Chelsea

Compass RLS
472 W 143rd Street Active

$4,500,000

Multi Family
7 bd | 5 ba |5,300 sqft

472 W 143rd Street

Hamilton Heights

Maz Group NY LLC RLS
1212 5TH Avenue #11A Active

$4,500,000

Condo
3 bd | 4 ba |2,389 sqft

1212 5TH Avenue #11A

East Harlem

Brown Harris Stevens Residential Sales LLC RLS
17 E 16th Street #12 A&B Active

$4,500,000

Co-op
3 bd | 2 ba

17 E 16th Street #12 A&B

Flatiron

Compass RLS
160 CENTRAL Park S #705 Active

$4,500,000

Condo
2 bd | 3 ba |1,495 sqft

160 CENTRAL Park S #705

Central Park South

Douglas Elliman Real Estate RLS
131 5th Avenue #801 Active

$4,500,000

Co-op
4 bd | 3 ba |3,500 sqft

131 5th Avenue #801

Flatiron

Compass RLS
4 SUTTON Place #6/7 Active

$4,500,000

Co-op
6 bd | 7 ba

4 SUTTON Place #6/7

Sutton Place

Douglas Elliman Real Estate RLS
439 E 77th Street #6A Active

$4,500,000

Condo
4 bd | 3 ba |2,026 sqft

439 E 77th Street #6A

Upper East Side

Compass RLS
33 RIVERSIDE Drive #13AB Active

$4,500,000

Co-op
4 bd | 3 ba

33 RIVERSIDE Drive #13AB

Upper West Side

Corcoran Group RLS
25 W 28TH Street #PH40C Active

$4,500,000

Condo
1 bd | 2 ba |989 sqft

25 W 28TH Street #PH40C

NoMad

Douglas Elliman Real Estate RLS
100 PRINCE Street #5W Active

$4,499,000

Co-op
2 bd | 1 ba |2,540 sqft

100 PRINCE Street #5W

SoHo

Revived Residential RLS
100 PRINCE Street #5W Active

$4,499,000

Co-op
2 bd | 1 ba |2,540 sqft

100 PRINCE Street #5W

SoHo

Revived Residential RLS
410 W 24TH Street #18BCE Active

$4,495,000

Co-op
4 bd | 4 ba |3,000 sqft

410 W 24TH Street #18BCE

Chelsea

Brown Harris Stevens Residential Sales LLC RLS
340 E 64th Street #34AB Active

$4,495,000

Condo
4 bd | 4 ba |3,070 sqft

340 E 64th Street #34AB

Lenox Hill

Compass RLS
322 W 57TH Street #PH56K Active

$4,495,000

Condo
3 bd | 3 ba |2,050 sqft

322 W 57TH Street #PH56K

Hell's Kitchen

Corcoran Group RLS
11 VESTRY Street #5 Active

$4,495,000

Condo
3 bd | 2 ba |2,100 sqft

11 VESTRY Street #5

Tribeca

Corcoran Group RLS
120 RIVERSIDE Boulevard #16M Active

$4,495,000

Condo
4 bd | 4 ba |2,512 sqft

120 RIVERSIDE Boulevard #16M

Lincoln Square

Berkshire Hathaway HomeServices New York Properties 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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