228 properties priced at $3M and above
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.
Brooklyn'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.
Tell me the price range and what you are after in Brooklyn. I read every request myself, and nothing you write here is shared with a listing broker without your say.
Active
$3,995,000
Multi Family1106 Bergen Street
Crown Heights
Active
$3,990,000
Mixed Use697 GRAND Street
Williamsburg
Active
$3,950,000
Single Family Residence331 VANDERBILT Avenue
Clinton Hill
Active
$3,950,000
Single Family Residence85 WESTMINSTER Road
Prospect Park South
Active
$3,895,000
Condo2 Northside Piers #7J
Williamsburg
Active
$3,850,000
Multi Family241 Mac Donough Street
Bedford-Stuyvesant
Active
$3,846,000
Condo168 Plymouth Street #PHC
Dumbo
Active
$3,835,000
Condo145 Conselyea Street #PH
Williamsburg
Active
$3,800,000
Multi Family237 BAINBRIDGE Street
Stuyvesant Heights
Active
$3,795,000
Rental122 3RD Place #2
Carroll Gardens
Active
$3,750,000
Multi Family217 Dean Street
Boerum Hill
Active
$3,750,000
Condo30 FRONT Street #10E
DUMBO
Active
$3,750,000
Condo30 Front Street #10E
Dumbo
Active
$3,750,000
Single Family Residence472 10TH Street
Park Slope
Active
$3,750,000
Single Family Residence346 Prospect Avenue
Park Slope
Active
$3,750,000
Multi Family914 PROSPECT Place
Crown Heights
Active
$3,750,000
Multi Family916 PROSPECT Place
Crown Heights
Active
$3,700,000
Multi Family2561 BEDFORD Avenue
Flatbush
Active
$3,700,000
Multi Family296 THROOP Avenue
Bedford-Stuyvesant
Active
$3,695,000
Multi Family37 Decatur Street
Bedford-Stuyvesant
Active
$3,650,000
Condo8 S 4th Street #10C
Williamsburg
Active
$3,650,000
Multi Family30 Monroe Street
Bedford-Stuyvesant
Active
$3,600,000
Condo8 S 4th Street #9B
Williamsburg
Active
$3,600,000
Condo401 Hicks Street #B3GH
Cobble Hill
