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
$3,599,999
Multi Family41 CLAVER Place
Bedford-Stuyvesant
Active
$3,595,000
Condo8 S 4th Street #22E
Williamsburg
Active
$3,568,000
Mixed Use2 4th Place
Carroll Gardens
Active
$3,550,000
Mixed Use739 GRAND Street
Williamsburg
Active
$3,550,000
Single Family Residence1806 Ditmas Avenue
Ditmas Park
Active
$3,545,000
Condo85 FLEET Street #80B
Downtown Brooklyn
Active
$3,538,000
Condo151 FREEMAN Street #PHB
Greenpoint
Active
$3,500,000
Condo179 N 10th Street #4C
Williamsburg
Active
$3,500,000
Single Family Residence731 E 19th Street
Ditmas Park
Active
$3,500,000
Single Family Residence716 Dean Street
Prospect Heights
Active
$3,499,000
Single Family Residence1112 ALBEMARLE Road
Prospect Park South
Active
$3,499,000
Condo9 Chapel Street #11A
Downtown Brooklyn
Active
$3,495,000
Condo85 FLEET Street #75C
Downtown Brooklyn
Active
$3,495,000
Single Family Residence1094 PARK Place
Crown Heights
Active
$3,495,000
Condo168 Plymouth Street #GARDEN
Dumbo
Active
$3,495,000
Condo155 Hope Street #THB
Williamsburg
Active
$3,495,000
Condo740 UNION Street #1
Park Slope
Active
$3,495,000
Single Family Residence285 20TH Street
Greenwood Heights
Active
$3,475,000
Single Family Residence28 HUNTINGTON Street
Red Hook
Active
$3,450,000
Multi Family55 S 5TH Street
Williamsburg
Active
$3,450,000
Rental205 VAN BUREN Street #TH
Stuyvesant Heights
Active
$3,450,000
Multi Family98 Prospect Place
Park Slope
Active
$3,400,000
Multi Family164 UNDERHILL Avenue
Prospect Heights
Active
$3,400,000
Multi Family19 Clifford Place
Greenpoint
