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.

201 W 72nd Street #20C Active

$3,500,000

Condo
3 bd | 3 ba |1,862 sqft

201 W 72nd Street #20C

Upper West Side

Compass RLS
123 3RD Avenue #15A Active

$3,499,999

Condo
2 bd | 3 ba |2,049 sqft

123 3RD Avenue #15A

East Village

Serhant RLS
650 Park Avenue #PHC Active

$3,495,000

Co-op
2 bd | 3 ba

650 Park Avenue #PHC

Lenox Hill

Sothebys International Realty RLS
200 W END Avenue #PHAS Active

$3,495,000

Condo
3 bd | 4 ba |1,763 sqft

200 W END Avenue #PHAS

Lincoln Square

Corcoran Group RLS
15 W 81ST Street #2A Active

$3,495,000

Co-op
2 bd | 3 ba

15 W 81ST Street #2A

Upper West Side

Christies International Real Estate New York RLS
240 Park Avenue S #14B Active

$3,495,000

Condo
3 bd | 4 ba |2,140 sqft

240 Park Avenue S #14B

Flatiron

Sothebys International Realty RLS
535 Park Avenue #11C Active

$3,495,000

Co-op
2 bd | 2 ba

535 Park Avenue #11C

Lenox Hill

Sothebys International Realty RLS
100 CLAREMONT Avenue #30F Active

$3,495,000

Condo
3 bd | 3 ba |1,784 sqft

100 CLAREMONT Avenue #30F

Morningside Heights

Corcoran Sunshine Marketing Group RLS
542 LaGuardia Place #4B Active

$3,495,000

Condo
3 bd | 2 ba |1,434 sqft

542 LaGuardia Place #4B

Greenwich Village

Compass RLS
5 TUDOR CITY Place #PH7 Active

$3,495,000

Co-op
2 bd | 2 ba

5 TUDOR CITY Place #PH7

Murray Hill

Douglas Elliman Real Estate RLS
138 E 50TH Street #41A Active

$3,495,000

Condo
2 bd | 2 ba |1,406 sqft

138 E 50TH Street #41A

Turtle Bay

Douglas Elliman Real Estate RLS
188 E 70TH Street #10BC Active

$3,495,000

Condo
2 bd | 3 ba |1,757 sqft

188 E 70TH Street #10BC

Lenox Hill

Brown Harris Stevens Residential Sales LLC RLS
12 W 17th Street #6A Active

$3,495,000

Co-op
2 bd | 2 ba |2,520 sqft

12 W 17th Street #6A

Flatiron

Compass RLS
52 E END Avenue #10ABC Active

$3,495,000

Condo
5 bd | 4 ba |3,000 sqft

52 E END Avenue #10ABC

Yorkville

Serhant RLS
20 E 74TH Street #3AD Active

$3,495,000

Co-op
4 bd | 4 ba

20 E 74TH Street #3AD

Lenox Hill

Corcoran Group RLS
150 E 72nd Street #6S Active

$3,495,000

Condo
3 bd | 2 ba |2,346 sqft

150 E 72nd Street #6S

Lenox Hill

Sothebys International Realty RLS
101 WARREN Street #1930 Active

$3,495,000

Condo
2 bd | 3 ba |1,611 sqft

101 WARREN Street #1930

Tribeca

Douglas Elliman Real Estate RLS
923 5TH Avenue #2C Active

$3,495,000

Condo
2 bd | 3 ba |1,467 sqft

923 5TH Avenue #2C

Lenox Hill

Douglas Elliman Real Estate RLS
8 E 96th Street #10/11B Active

$3,495,000

Co-op
4 bd | 3 ba

8 E 96th Street #10/11B

Upper East Side

Sothebys International Realty RLS
695 1st Avenue #38H Active

$3,495,000

Condo
2 bd | 3 ba |1,818 sqft

695 1st Avenue #38H

Murray Hill

Compass RLS
66 9th Avenue #4W Active

$3,495,000

Condo
2 bd | 3 ba |1,942 sqft

66 9th Avenue #4W

Chelsea

Compass RLS
505 Greenwich Street #14E Active

$3,495,000

Condo
2 bd | 2 ba |1,335 sqft

505 Greenwich Street #14E

Hudson Square

Compass RLS
923 5TH Avenue #4B Active

$3,495,000

Condo
2 bd | 2 ba |1,190 sqft

923 5TH Avenue #4B

Lenox Hill

The Burkhardt Group LLC RLS
138 E 50th Street #40B Active

$3,495,000

Condo
2 bd | 3 ba |1,467 sqft

138 E 50th Street #40B

Midtown East

Compass 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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