Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Luxury Manhattan Real Estate

1,673 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.

111 Murray Street #16A Active

$3,750,000

Condo
2 bd | 3 ba |1,593 sqft

111 Murray Street #16A

Tribeca

Compass RLS
12 W 72ND Street #20A Active

$3,750,000

Co-op
2 bd | 2 ba

12 W 72ND Street #20A

Lincoln Square

Corcoran Group RLS
439 E 77th Street #4A Active

$3,750,000

Condo
3 bd | 3 ba |1,824 sqft

439 E 77th Street #4A

Upper East Side

Compass RLS
31 E 28TH Street #PH12E Active

$3,750,000

Condo
3 bd | 3 ba |2,541 sqft

31 E 28TH Street #PH12E

NoMad

Corcoran Group RLS
151 E 29th Street Active

$3,750,000

Single Family Residence
5 bd | 4 ba |2,622 sqft

151 E 29th Street

Kips Bay

Compass RLS
60 RIVERSIDE Boulevard #3402 Active

$3,750,000

Condo
3 bd | 3 ba |1,868 sqft

60 RIVERSIDE Boulevard #3402

Lincoln Square

Brown Harris Stevens Residential Sales LLC RLS
101 WARREN Street #3140 Active

$3,750,000

Condo
2 bd | 3 ba |1,592 sqft

101 WARREN Street #3140

Tribeca

Douglas Elliman Real Estate RLS
243 E 77th Street #PHA Active

$3,750,000

Co-op
2 bd | 3 ba |2,675 sqft

243 E 77th Street #PHA

Upper East Side

Sothebys International Realty RLS
501 E 79th Street #2EF Active

$3,750,000

Co-op
4 bd | 4 ba

501 E 79th Street #2EF

Upper East Side

Compass RLS
1158 5th Avenue #4A Active

$3,750,000

Co-op
3 bd | 3 ba |2,500 sqft

1158 5th Avenue #4A

Upper East Side

Compass RLS
424 Broadway #3-F Active

$3,750,000

Condo
4 bd | 2 ba |4,000 sqft

424 Broadway #3-F

Soho

BC Realty Group LLC RLS
1 W End Avenue #9D Active

$3,750,000

Condo
3 bd | 3 ba |1,913 sqft

1 W End Avenue #9D

Upper West Side

Compass RLS
126 E 57th Street #1704 Active

$3,730,000

Condo
2 bd | 2 ba |1,177 sqft

126 E 57th Street #1704

Midtown East

Nest Seekers LLC RLS
101 W 87th Street #205 Active

$3,700,000

Condo
3 bd | 3 ba |1,790 sqft

101 W 87th Street #205

Upper West Side

Compass RLS
178 E 80th Street #21ABC Active

$3,700,000

Co-op
4 bd | 4 ba

178 E 80th Street #21ABC

Upper East Side

Leven Real Estate RLS
737 PARK Avenue #5G Active

$3,700,000

Condo
2 bd | 3 ba |1,828 sqft

737 PARK Avenue #5G

Lenox Hill

Corcoran Group RLS
39 Fifth Avenue #5CD Active

$3,700,000

Co-op
2 bd | 2 ba

39 Fifth Avenue #5CD

Greenwich Village

CORE Group Marketing LLC RLS
450 WASHINGTON Street #218 Active

$3,700,000

Condop
2 bd | 2 ba |1,121 sqft

450 WASHINGTON Street #218

Tribeca

Corcoran Group RLS
130 WILLIAM Street #37E Active

$3,700,000

Condo
3 bd | 3 ba |1,852 sqft

130 WILLIAM Street #37E

South Street Seaport

Douglas Elliman Real Estate RLS
240 CENTRE Street #3B Active

$3,700,000

Co-op
2 bd | 2 ba |1,400 sqft

240 CENTRE Street #3B

Little Italy

Douglas Elliman Real Estate RLS
7 E 129TH Street Active

$3,698,000

Single Family Residence
8 bd | 4 ba

7 E 129TH Street

Central Harlem

Brown Harris Stevens Residential Sales LLC RLS
425 E 58th Street #36-H Active

$3,695,000

Co-op
4 bd | 5 ba |2,900 sqft

425 E 58th Street #36-H

Sutton Place

Nest Seekers LLC RLS
240 Riverside Boulevard #10-AT Active

$3,695,000

Condo
3 bd | 4 ba |2,550 sqft

240 Riverside Boulevard #10-AT

Lincoln Square

Nest Seekers LLC RLS
155 W 68TH Street #404 Active

$3,695,000

Condo
6 bd | 3 ba |2,449 sqft

155 W 68TH Street #404

Lincoln Square

Corcoran Group 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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