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
$4,700,000
Multi Family448 Henry Street
Cobble Hill
Active
$4,700,000
Condo361 UNION Street #TWNHSE
Carroll Gardens
Active
$4,700,000
Single Family Residence596 3RD Street
Park Slope
Active
$4,650,000
Multi Family397 5th Avenue
Park Slope
Active
$4,650,000
Condo50 BRIDGE PARK Drive #21B
Brooklyn Heights
Active
$4,595,000
Multi Family201 CHAUNCEY Street
Stuyvesant Heights
Active
$4,595,000
Multi Family400 Putnam Avenue
Bedford-Stuyvesant
Active
$4,500,000
Co-op39 Plaza Street W #PH
Park Slope
Active
$4,500,000
Condo233 Pacific Street #4FG
Cobble Hill
Active
$4,500,000
Condo361 UNION Street #PENTHOUSE
Carroll Gardens
Active
$4,499,999
Multi Family256 JEFFERSON Avenue
Bedford-Stuyvesant
Active
$4,495,000
Condo179 N 10th Street #2D
Williamsburg
Active
$4,495,000
Single Family Residence819 DEAN Street
Crown Heights
Active
$4,495,000
Multi Family1601 11TH Avenue
Windsor Terrace
Active
$4,455,000
Condo8 S 4th Street #35B
Williamsburg
Active
$4,450,000
Mixed Use5203-5207 Church Avenue
East Flatbush
Active
$4,430,000
Condo8 S 4th Street #37B
Williamsburg
Active
$4,375,000
Multi Family647 10TH Street
Park Slope
Active
$4,375,000
Multi Family457 6th Street
Park Slope
Active
$4,320,000
Condo480 KENT Avenue #PHC
Williamsburg
Active
$4,295,000
Condo436 STATE Street #GARDEN
Boerum Hill
Active
$4,250,000
Single Family Residence575 A Leonard Street
Greenpoint
Active
$4,250,000
Multi Family92 FORT GREENE Place
Fort Greene
Active
$4,250,000
Single Family Residence660 E 19TH Street
Ditmas Park
