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
$3,400,000
Multi Family19 Clifford Place
Greenpoint
Active
$3,395,000
Condo200 WATER Street #2C
DUMBO
Active
$3,395,000
Multi Family587 WARREN Street
Boerum Hill
Active
$3,350,000
Co-op37 Henry Street #TH1
Brooklyn Heights
Active
$3,350,000
Condo185 Skillman Avenue #GARDEN
Williamsburg
Active
$3,350,000
Single Family Residence48 DIKEMAN Street
Red Hook
Active
$3,350,000
Single Family Residence181 COLUMBIA Street
Carroll Gardens
Active
$3,350,000
Single Family Residence60 Reeve Place
Windsor Terrace
Active
$3,300,000
Condop1 CITY Point #62D
Downtown Brooklyn
Active
$3,295,000
Single Family Residence220 LINCOLN Road
Prospect Lefferts Gardens
Active
$3,285,000
Condo85 FLEET Street #59F
Downtown Brooklyn
Active
$3,275,000
Condo90 Furman Street #N808
Brooklyn Heights
Active
$3,260,000
Condo8 S 4th Street #31A
Williamsburg
Active
$3,250,000
Condo8 S 4th Street #40C
Williamsburg
Active
$3,250,000
Condo30 Main Street #10F
Dumbo
Active
$3,200,000
Multi Family1299 PUTNAM Avenue
Bushwick
Active
$3,200,000
Multi Family360 HANCOCK Street
Bedford-Stuyvesant
Active
$3,200,000
Mixed Use685 FRANKLIN Avenue
Crown Heights
Active
$3,195,000
Multi Family81 Hancock Street
Bedford-Stuyvesant
Active
$3,195,000
Condo28 HERBERT Street #PHA
Williamsburg
Active
$3,190,000
Condo480 KENT Avenue #14D
Williamsburg
Active
$3,150,000
Condo538 WASHINGTON Avenue #1B
Clinton Hill
Active
$3,100,000
Condo30 Front Street #15D
Dumbo
Active
$3,100,000
Co-op28 Old Fulton Street #4GH
Brooklyn Heights
