Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
Estate & Probate Sales

Estate Sales & Probate Property Specialist

Losing a loved one is hard enough. Selling their home shouldn't add to the burden. I help executors, heirs, and families navigate NYC estate sales with care, clarity, and 25+ years of experience.

25+ Years Experience
1,000+ Deals Closed
Hablo Español

Understanding the Process

Why Estate Sales Are Different

In my 25+ years working with NYC families, I have handled dozens of estate and probate transactions. Each one requires patience, legal awareness, and a sensitivity that standard sales simply do not demand.

Probate Court Timelines

NYC Surrogate's Court must appoint an executor or administrator before a property can be sold. I help families prepare while the court process unfolds so you can list the moment Letters Testamentary are granted.

Co-op Board Transfers

Transferring a co-op share from an estate involves board applications, financial disclosures, and sometimes interviews. Each building has different rules. I know the process inside and out.

Multiple Decision-Makers

When multiple heirs are involved, disagreements over pricing, timing, and strategy can stall a sale. I present clear market data and facilitate productive conversations among all parties.

Emotional Decisions

Selling a family home carries deep emotional weight. I guide families through the process with patience and discretion, never rushing decisions during an already difficult time.

Clearing & Staging

Estate properties often need clearing, cleaning, and staging before listing. I coordinate trusted vendors for cleanouts, repairs, and presentation so families don't have to manage it alone.

Tax & Legal Complexity

Stepped-up basis, estate taxes, transfer taxes, and flip taxes all affect the net proceeds. I work with your attorney and CPA to ensure you understand the full financial picture before listing.

My Estate Sales Process

How I Help

A step-by-step approach designed for the unique demands of estate and probate property sales in New York City.

01

Confidential Property Evaluation

I visit the property and provide a detailed market analysis, including comparable sales, building financials, and an honest assessment of condition and value.

02

Probate & Legal Coordination

I work alongside your estate attorney to align the sale timeline with court proceedings, ensuring all legal requirements are met before and during the listing.

03

Managing Multiple Heirs

I communicate clearly with all decision-makers, providing market data and options so the family can make informed, unified decisions about pricing and timing.

04

Clearing & Staging

I coordinate cleanout services, minor repairs, and professional staging to present the property at its best, maximizing value without burdening the family.

05

Strategic Pricing & Marketing

Using real comparable data and current market conditions, I set the right price and market the property across the RLS/MLS, broker networks, and digital channels.

06

Negotiation & Closing

I handle offers, negotiations, board packages (for co-ops), and coordinate with attorneys on both sides to ensure a smooth path from contract to closing.

Trusted by Families

Why Families Choose Milton

"Milton handled the sale of my mother's apartment with incredible patience. He dealt with the co-op board, coordinated the cleanout, and kept all three siblings informed every step of the way."

Estate Sale Client

Washington Heights Co-op

"We were overwhelmed after losing our father. Milton took care of everything, from the property valuation to recommending an estate attorney. He made an impossible situation manageable."

Executor & Family

Inwood Condo

"Milton speaks Spanish fluently, which was essential for communicating with my elderly aunt. He explained every document, every deadline, and made sure she understood her options."

Family Representative

Hamilton Heights

Get a Confidential Estate Valuation

Tell me about the property and your situation. All inquiries are handled with complete discretion. I will respond within 24 hours.

100% confidential. No obligation. I respond within 24 hours.

Frequently Asked Questions

Can I sell a NYC property before probate is complete?

In most cases, the executor or administrator must be appointed by Surrogate's Court before listing. However, you can begin preparing the property, obtaining valuations, and developing a marketing strategy before the Letters Testamentary are issued. I help families get ahead of this timeline so we can list quickly once the court grants authority.

How do co-op board transfers work for inherited apartments?

Co-op boards require the estate or heir to submit a transfer application, which can include financial disclosures, reference letters, and a board interview. Some boards waive interviews for direct heirs, while others treat it like a standard purchase. I guide families through each building's specific requirements to avoid delays.

What are the tax implications of selling an inherited NYC property?

Inherited properties receive a stepped-up cost basis as of the date of death, which can significantly reduce capital gains taxes. However, NYC and NYS transfer taxes, estate taxes, and potential flip taxes still apply. I recommend working with an estate attorney and CPA to optimize the financial outcome. I can refer trusted professionals.

How long does a probate property sale take in NYC?

Timeline depends on the court and whether the will is contested. Simple probate cases can close in 4 to 6 months once Letters Testamentary are issued. Contested estates or properties needing significant work may take longer. I help families plan around court timelines and coordinate every step to minimize delays.

What if multiple heirs disagree on selling the property?

Disagreements between heirs are common and can stall a sale. I have experience working with multiple decision-makers, presenting clear market data to help families reach consensus. When needed, I coordinate with the estate attorney to structure buyout options or partition agreements.

Helpful Resources

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