225 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
$6,750,000
Single Family Residence47 4TH Street
Carroll Gardens
Active
$6,500,000
Multi Family237 WASHINGTON Avenue
Clinton Hill
Active
$6,500,000
Mixed Use2537 OCEAN Avenue
Madison
Active
$6,500,000
Mixed Use1613 Mermaid Avenue
Coney Island
Active
$6,495,000
Single Family Residence408 HENRY Street
Cobble Hill
Active
$6,250,000
Single Family Residence29 2ND Street
Carroll Gardens
Active
$5,995,000
Single Family Residence131 KANE Street
Cobble Hill
Active
$5,995,000
Multi Family7 S Oxford Street
Fort Greene
Active
$5,995,000
Multi Family861 PRESIDENT Street
Park Slope
Active
$5,995,000
Single Family Residence539 Clinton Street
Carroll Gardens
Active
$5,950,000
Condo8 S 4th Street #PH1C
Williamsburg
Active
$5,950,000
Multi Family304 Clinton Avenue
Clinton Hill
Active
$5,850,000
Single Family Residence162 State Street
Brooklyn Heights
Active
$5,775,000
Multi Family33 IRVING Place
Clinton Hill
Active
$5,750,000
Multi Family497 St Johns Place
Crown Heights
Active
$5,750,000
Multi Family894 UNION Street
Park Slope
Active
$5,700,000
Multi Family433 Dekalb Avenue
Bedford-Stuyvesant
Active
$5,495,000
Condo76 N 8TH Street #PH
Williamsburg
Active
$5,495,000
Multi Family251 Powers Street
East Williamsburg
Active
$5,495,000
Condo323 Bergen Street #PH607E
Boerum Hill
Active
$5,450,000
Multi Family146 Hoyt Street
Boerum Hill
Active
$5,400,000
Condo323 Bergen Street #PH605E
Boerum Hill
Active
$5,375,000
Condo110 Boerum Place #102
Cobble Hill
$5,350,000
Multi Family14 Lincoln Place #multi-family
Park Slope
