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
$5,350,000
Multi Family343 BERRY Street
Williamsburg
Active
$5,350,000
Condo110 Boerum Place #204
Cobble Hill
Active
$5,300,000
Multi Family279 HENRY Street
Brooklyn Heights
Active
$5,200,000
Multi Family19 CONSELYEA Street
Williamsburg
Active
$5,200,000
Triplex405 Park Place
Prospect Heights
Active
$5,000,000
Multi Family39 Schermerhorn Street
Brooklyn Heights
Active
$5,000,000
Mixed Use610 Marcy Avenue
Bedford-Stuyvesant
Active
$5,000,000
Co-op160 HENRY Street #8C
Brooklyn Heights
Active
$4,999,999
Multi Family143 KINGSLAND Avenue
Williamsburg
Active
$4,995,000
Single Family Residence74A S 2ND Street
Williamsburg
Active
$4,995,000
Single Family Residence259 Berry Street
Williamsburg
Active
$4,995,000
Condo259 Berry Street #1
Williamsburg
Active
$4,995,000
Condo30 Front Street #21D
Dumbo
Active
$4,995,000
Single Family Residence152 WILLOW Street
Brooklyn Heights
Active
$4,995,000
Single Family Residence383 10TH Street
Park Slope
Active
$4,995,000
Single Family Residence173 WATER Street
DUMBO
Active
$4,950,000
Condo265 State Street #PH04
Boerum Hill
Active
$4,950,000
Condo144 VANDERBILT Avenue #TH2
Fort Greene
Active
$4,900,000
Multi Family130 Dean Street
Boerum Hill
Active
$4,850,000
Condo480 KENT Avenue #PHB
Williamsburg
Active
$4,850,000
Condo110 Boerum Place #103
Cobble Hill
Active
$4,799,000
Single Family Residence7921 Narrows Avenue
Bay Ridge
Active
$4,750,000
Condo436 STATE Street #PH
Boerum Hill
Active
$4,745,000
Condo85 FLEET Street #88PHN
Downtown Brooklyn
