Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Luxury NYC Real Estate

1,919 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.

425 Central Park W #7-CD Active

$3,250,000

Condo
3 bd | 3 ba |1,649 sqft

425 Central Park W #7-CD

Upper West Side

Time Equities Inc RLS
101 Wall Street #22A Active

$3,250,000

Condo
3 bd | 4 ba |2,160 sqft

101 Wall Street #22A

Financial District

Compass RLS
188 E 76TH Street #19B Active

$3,250,000

Condo
3 bd | 3 ba |1,633 sqft

188 E 76TH Street #19B

Lenox Hill

Brown Harris Stevens Residential Sales LLC RLS
502 Park Avenue #5G Active

$3,250,000

Condo
2 bd | 2 ba |1,549 sqft

502 Park Avenue #5G

Lenox Hill

Sothebys International Realty RLS
1158 5TH Avenue #10D Active

$3,250,000

Co-op
3 bd | 3 ba

1158 5TH Avenue #10D

Carnegie Hill

Brown Harris Stevens Residential Sales LLC RLS
Active

$3,250,000

Co-op
2 bd | 2 ba |1,700 sqft

157 Spring Street #2-FLR

Soho

KW L'AGENCE RLS
77 READE Street #3B Active

$3,250,000

Condo
3 bd | 2 ba |1,592 sqft

77 READE Street #3B

Tribeca

Serhant RLS
252 7th Avenue #9D Active

$3,249,000

Condo
3 bd | 3 ba |1,934 sqft

252 7th Avenue #9D

Chelsea

Compass RLS
172 E 112TH Street Active

$3,240,000

Mixed Use
18 bd | 18 ba

172 E 112TH Street

East Harlem

Douglas Elliman Real Estate RLS
207 E 57th Street #30A Active

$3,225,000

Condo
3 bd | 3 ba |1,795 sqft

207 E 57th Street #30A

Midtown East

Compass RLS
304 E 65th Street #24ABD Active

$3,202,000

Condo
4 bd | 4 ba |2,491 sqft

304 E 65th Street #24ABD

Lenox Hill

Compass RLS
1299 PUTNAM Avenue Active

$3,200,000

Multi Family
12 bd | 6 ba

1299 PUTNAM Avenue

Bushwick

Douglas Elliman Real Estate RLS
582 Sackett Street Active

$3,200,000

Multi Family
3 bd | 3 ba |2,505 sqft

582 Sackett Street

Gowanus

Compass RLS
68 THOMAS Street #1 Active

$3,200,000

Condo
0 bd | 2 ba |3,732 sqft

68 THOMAS Street #1

Tribeca

Corcoran Group RLS
165 W 66th Street #8ZA Active

$3,200,000

Co-op
4 bd | 3 ba

165 W 66th Street #8ZA

Upper West Side

Compass RLS
158 W 119TH Street Active

$3,200,000

Multi Family
8 bd | 6 ba |5,888 sqft

158 W 119TH Street

South Harlem

Brown Harris Stevens Residential Sales LLC RLS
35 E 76th Street #2401 Active

$3,200,000

Co-op
2 bd | 2 ba

35 E 76th Street #2401

Lenox Hill

Sothebys International Realty RLS
53 W 53RD Street #16E Active

$3,200,000

Condo
1 bd | 2 ba |1,241 sqft

53 W 53RD Street #16E

Midtown

Douglas Elliman Real Estate RLS
360 HANCOCK Street Active

$3,200,000

Multi Family
4 bd | 3 ba |3,100 sqft

360 HANCOCK Street

Bedford-Stuyvesant

Serhant RLS
685 FRANKLIN Avenue Active

$3,200,000

Mixed Use
18 bd | 14 ba

685 FRANKLIN Avenue

Crown Heights

Corcoran Group RLS
116 W 29TH Street #10E Active

$3,200,000

Co-op
3 bd | 2 ba |2,450 sqft

116 W 29TH Street #10E

Chelsea

Douglas Elliman Real Estate RLS
15 W 67th Street #1ME Active

$3,200,000

Co-op
2 bd | 3 ba

15 W 67th Street #1ME

Upper West Side

NIEUW NEDERLANDTS REALTY LLC RLS
80 RIVERSIDE Boulevard #26C Active

$3,200,000

Condo
3 bd | 3 ba |1,750 sqft

80 RIVERSIDE Boulevard #26C

Lincoln Square

Corcoran Group RLS
426 W BROADWAY #PH6G Active

$3,200,000

Condo
2 bd | 2 ba |1,388 sqft

426 W BROADWAY #PH6G

SoHo

Brown Harris Stevens Residential Sales LLC 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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