Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Luxury NYC Real Estate

1,930 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 NYC

NYC'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 NYC. 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 E 20TH Street #3 Active

$5,995,000

Condo
4 bd | 5 ba |3,377 sqft

220 E 20TH Street #3

Gramercy Park

Douglas Elliman Real Estate RLS
7 S Oxford Street Active

$5,995,000

Multi Family
8 bd | 5 ba |5,500 sqft

7 S Oxford Street

Fort Greene

Corcoran Group RLS
353 W 57TH Street #FLOOR24/25 Active

$5,995,000

Condo
2 bd | 3 ba |2,055 sqft

353 W 57TH Street #FLOOR24/25

Hell's Kitchen

Brown Harris Stevens Residential Sales LLC RLS
1 CENTRAL Park S #1813 Active

$5,995,000

Condo
2 bd | 3 ba |2,196 sqft

1 CENTRAL Park S #1813

Central Park South

Douglas Elliman Real Estate RLS
167 E 61st Street #PHA Active

$5,995,000

Co-op
3 bd | 4 ba |2,800 sqft

167 E 61st Street #PHA

Lenox Hill

Compass RLS
55 W 85th Street Active

$5,995,000

Single Family Residence
6 bd | 6 ba

55 W 85th Street

Upper West Side

Sothebys International Realty RLS
861 PRESIDENT Street Active

$5,995,000

Multi Family
5 bd | 4 ba

861 PRESIDENT Street

Park Slope

Serhant RLS
912 5TH Avenue #2A Active

$5,995,000

Co-op
3 bd | 4 ba

912 5TH Avenue #2A

Lenox Hill

Brown Harris Stevens Residential Sales LLC RLS
106 CENTRAL Park S #11A/11B Active

$5,995,000

Condo
4 bd | 5 ba |3,622 sqft

106 CENTRAL Park S #11A/11B

Central Park South

Brown Harris Stevens Residential Sales LLC RLS
527 W 27TH Street #3A Active

$5,995,000

Condo
3 bd | 4 ba |2,218 sqft

527 W 27TH Street #3A

Chelsea

Corcoran Group RLS
62 BEACH Street #THB Active

$5,995,000

Condo
3 bd | 3 ba |3,917 sqft

62 BEACH Street #THB

Tribeca

Serhant RLS
77 Reade Street #PHA Active

$5,995,000

Condo
3 bd | 3 ba |2,170 sqft

77 Reade Street #PHA

Tribeca

Compass RLS
20 W 64TH Street #26DE Active

$5,995,000

Condo
3 bd | 4 ba |3,037 sqft

20 W 64TH Street #26DE

Lincoln Square

Corcoran Group RLS
328 W 88TH Street Active

$5,995,000

Multi Family
9 bd | 9 ba |6,000 sqft

328 W 88TH Street

Upper West Side

Leslie J Garfield & Co Inc RLS
150 E 78TH Street #2B Active

$5,995,000

Condo
3 bd | 4 ba |2,177 sqft

150 E 78TH Street #2B

Lenox Hill

Serhant RLS
430 E 58TH Street #60B Active

$5,995,000

Condo
2 bd | 3 ba |1,915 sqft

430 E 58TH Street #60B

Sutton Place

Corcoran Sunshine Marketing Group RLS
539 Clinton Street Active

$5,995,000

Single Family Residence
4 bd | 5 ba |4,700 sqft

539 Clinton Street

Carroll Gardens

Compass RLS
111 W 67TH Street #26A Active

$5,995,000

Condo
4 bd | 3 ba |2,656 sqft

111 W 67TH Street #26A

Lincoln Square

Douglas Elliman Real Estate RLS
5 E 75TH Street #8 Active

$5,995,000

Co-op
2 bd | 3 ba

5 E 75TH Street #8

Lenox Hill

Douglas Elliman Real Estate RLS
2 PERRY Street Active

$5,975,000

Multi Family
3 bd | 2 ba |2,300 sqft

2 PERRY Street

West Village

Corcoran Group RLS
310 E 86th Street #11C Active

$5,975,000

Condo
4 bd | 5 ba |2,650 sqft

310 E 86th Street #11C

Yorkville

CORE Group Marketing LLC RLS
142 W 21ST Street #4A Active

$5,975,000

Condo
4 bd | 4 ba |2,433 sqft

142 W 21ST Street #4A

Chelsea

Corcoran Group RLS
69 Washington Place #3/4/5 Active

$5,950,000

Co-op
5 bd | 5 ba

69 Washington Place #3/4/5

Greenwich Village

Sothebys International Realty RLS
313 E 6TH Street #PENTHOUSE Active

$5,950,000

Triplex
3 bd | 4 ba |2,866 sqft

313 E 6TH Street #PENTHOUSE

East Village

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 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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