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.
$4,250,000
Multi Family879 UNION Street
Park Slope
$4,200,000
Multi Family225 Wyckoff Street
Boerum Hill
$4,200,000
Multi Family18 S Oxford Street
Fort Greene
$4,200,000
Condo93 WYCKOFF Street #PHA
Boerum Hill
$4,195,000
Multi Family353A CLINTON Street
Cobble Hill
$4,148,000
Condo200 WATER Street #MAISON_B
DUMBO
$4,100,000
Condo70 WASHINGTON Street #12FG
DUMBO
$4,000,000
Multi Family230 Frost Street
Williamsburg
$3,999,999
Rental142 NASSAU Avenue #MULTI
Greenpoint
$3,999,000
Single Family Residence850 E 23RD Street
Midwood
$3,995,000
Multi Family463 9TH Street
Park Slope
$3,995,000
Multi Family413 Pacific Street
Boerum Hill
$3,995,000
Condo298 HICKS Street #UD
Brooklyn Heights
$3,995,000
Single Family Residence427A 8TH Street
Park Slope
$3,995,000
Condo1 Prospect Park W #5H
Park Slope
$3,995,000
Multi Family143 Milton Street
Greenpoint
$3,995,000
Condo185 Skillman Avenue #PH
Williamsburg
$3,995,000
Condo280 St Marks Avenue #PHF
Prospect Heights
$3,990,000
Mixed Use697 GRAND Street
Williamsburg
$3,950,000
Single Family Residence85 WESTMINSTER Road
Prospect Park South
$3,950,000
Single Family Residence331 VANDERBILT Avenue
Clinton Hill
$3,895,000
Condo2 Northside Piers #7J
Williamsburg
$3,850,000
Multi Family241 Mac Donough Street
Bedford-Stuyvesant
$3,846,000
Condo168 Plymouth Street #PHC
Dumbo