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.

142 W 21ST Street #3A Active

$6,285,000

Condo
4 bd | 4 ba |2,433 sqft

142 W 21ST Street #3A

Chelsea

Corcoran Group RLS
164 E 91ST Street Active

$6,250,000

Single Family Residence
5 bd | 7 ba |5,000 sqft

164 E 91ST Street

Carnegie Hill

Berkshire Hathaway HomeServices New York Properties RLS
164 E 91ST Street Active

$6,250,000

Single Family Residence
5 bd | 7 ba |5,000 sqft

164 E 91ST Street

Carnegie Hill

Serhant RLS
912 5TH Avenue #3B Active

$6,250,000

Co-op
3 bd | 4 ba

912 5TH Avenue #3B

Lenox Hill

Corcoran Group RLS
1001 5th Avenue #22A Active

$6,250,000

Co-op
3 bd | 0 ba

1001 5th Avenue #22A

Upper East Side

Sothebys International Realty RLS
344 W 72ND Street #TH3 Active

$6,250,000

Co-op
4 bd | 4 ba |3,749 sqft

344 W 72ND Street #TH3

Lincoln Square

Corcoran Group RLS
145 E 76TH Street #12THFLOOR Active

$6,200,000

Condo
5 bd | 5 ba |3,196 sqft

145 E 76TH Street #12THFLOOR

Lenox Hill

Douglas Elliman Real Estate RLS
151 E 58TH Street #35A Active

$6,200,000

Condo
2 bd | 3 ba |1,976 sqft

151 E 58TH Street #35A

Sutton Place

Corcoran Group RLS
53 W 53RD Street #27B Active

$6,200,000

Condo
2 bd | 3 ba |2,301 sqft

53 W 53RD Street #27B

Midtown

Douglas Elliman Real Estate RLS
303 PARK Avenue #4309 Active

$6,200,000

Condo
2 bd | 3 ba |1,716 sqft

303 PARK Avenue #4309

Midtown East

Douglas Elliman Real Estate RLS
350 E 84TH Street Active

$6,200,000

Multi Family
2 bd | 2 ba

350 E 84TH Street

Yorkville

Douglas Elliman Real Estate RLS
42 White Street #PH Active

$6,195,000

Condo
2 bd | 2 ba |2,063 sqft

42 White Street #PH

Tribeca

Compass RLS
983 PARK Avenue #12C Active

$6,150,000

Co-op
4 bd | 5 ba

983 PARK Avenue #12C

Upper East Side

Brown Harris Stevens Residential Sales LLC RLS
1001 PARK Avenue #6S Active

$6,150,000

Co-op
3 bd | 4 ba |2,640 sqft

1001 PARK Avenue #6S

Upper East Side

Brown Harris Stevens Residential Sales LLC RLS
137 E 66TH Street #8AB Active

$6,100,000

Co-op
5 bd | 4 ba

137 E 66TH Street #8AB

Lenox Hill

Corcoran Group RLS
200 W 88TH Street #8B Active

$6,100,000

Condo
3 bd | 4 ba |2,273 sqft

200 W 88TH Street #8B

Upper West Side

Brown Harris Stevens Residential Sales LLC RLS
200 Central Park S #19AG Active

$6,015,000

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

200 Central Park S #19AG

Central Park South

Compass RLS
500 W 18TH Street #WEST_6C Active

$6,010,000

Condo
2 bd | 3 ba |1,925 sqft

500 W 18TH Street #WEST_6C

Chelsea

Corcoran Sunshine Marketing Group RLS
15 UNION Square W #5A Active

$6,000,000

Condo
2 bd | 3 ba |2,200 sqft

15 UNION Square W #5A

Flatiron

Corcoran Group RLS
109 W 26th Street #7AB Active

$6,000,000

Co-op
5 bd | 4 ba |4,400 sqft

109 W 26th Street #7AB

Chelsea

Compass RLS
983 Park Avenue #3B Active

$6,000,000

Co-op
4 bd | 4 ba

983 Park Avenue #3B

Upper East Side

Compass RLS
157 W 57th Street #33B Active

$6,000,000

Condo
2 bd | 3 ba |2,145 sqft

157 W 57th Street #33B

Midtown

Compass RLS
240 CENTRE Street #3DE Active

$6,000,000

Co-op
3 bd | 3 ba

240 CENTRE Street #3DE

Little Italy

Douglas Elliman Real Estate RLS
301 E 61ST Street #PENTHOUSE Active

$5,999,000

Condo
4 bd | 4 ba |2,900 sqft

301 E 61ST Street #PENTHOUSE

Lenox Hill

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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