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Sold
  • $1,560,000

    550 Vanderbilt Ave #1203, Brooklyn, NY 11238

    2beds
    995sqft
    Condominium
    Built in 2017
    -- sqft lot
    $1,573,800 Zestimate®
    $1,568/sqft
    $7,240 Estimated rent

    Home value

    $1,573,800

    $1.46M - $1.70M

    $7,240/mo

    Zestimate® history
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    What's special

    Amazing rooftop terraceMiele appliancesSweeping viewsIn-unit washer and dryerSouthern lightCommunal gardensPrimary en-suite bedroom
    THE ULTIMATE PROSPECT HEIGHTS INVESTMENT: A Sun-Drenched 2BR with Southern Open Views, Major Price Drop & Powerful 421-A Savings + Private Storage! This is the opportunity you have been waiting for. Now offered at $1,575,000 after a major price improvement, Residence 1203 is an exceptional investment and the undisputed value leader in 550 Vanderbilt, Prospect Heights' most popular luxury condominium. Bathed in southern light with beautiful open views, this home’s financial power is extraordinary, featuring ultra-low monthlies that make it the smartest buy on the market.   This is an investment-grade asset with an undeniable competitive edge: - The Most Attainable Value: The lowest-priced 2-bedroom, 2-bathroom residence in 550 Vanderbilt.   - Powerful Tax Advantage: A 421-A tax abatement is in place until 2043, slashing your monthly property taxes to just $37 and providing dramatic savings.   - Ultra-Low Carrying Costs: With incredibly low taxes and reasonable common charges, the monthly cost of ownership is exceptionally low at only $1.46/sf! - A Bonus Private Asset: A deeded storage unit—a coveted amenity valued at over $30,000—is included in the sale.   - Prestigious Design & Amenities: An acclaimed COOKFOX design pedigree and an amazing amenity package ensure a world-class living experience.   Located on the 12th floor with sweeping views, this sun-filled home boasts 11-foot ceilings and wide-plank chestnut floors that enhance its bright, airy atmosphere. The home features a spacious living room and a primary en-suite bedroom. The gourmet kitchen is appointed with premium Miele appliances and Carrara marble, perfect for the modern chef, and includes an in-unit washer and dryer.   550 Vanderbilt is recognized as the most sought-after condominium in Prospect Heights. Your living space extends to over 10,000 sq. ft. of amenities, including white-glove, 24-hour service, a library by McNally Jackson, a fitness center by The Wright Fit, a lounge with a catering kitchen, pet station, bike storage, in-building laundry, and an amazing rooftop terrace with communal gardens and breathtaking city views. Situated at the nexus of culture and convenience in what Redfin named one of America's "hottest neighborhoods in 2025," you are steps from the 8-acre Pacific Park, Barclays Center, Prospect Park, and an unrivaled transportation hub with a dozen subway lines. This is the epicenter of modern Brooklyn. Priced to sell immediately. Do not miss the best value in 550 Vanderbilt. Contact us today for a private showing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Anne Chang,

    Jade Stone Real Estate INC

    Source: StreetEasy,MLS#: S1783423

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bike Room, Childrens Playroom, Media Room, Package Room, Recreation Room
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Washer/Dryer
    • Laundry: Inside
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 995
    • Total interior livable area: 995 sqft

    Property

    Accessibility
    • Accessibility features: Wheelchair Access
    Features
    • Has view: Yes
    • View description: City, Garden, Skyline, Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 011291221
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • Year built: 2017

    Community & HOA

    Community
    • Features: Doorman, Full Time Doorman
    • Security: Doorman, Full-Time Doorman
    • Subdivision: Prospect Heights
    HOA
    • Has HOA: Yes
    • Amenities included: Laundry, Fitness Center, Elevator(s), Concierge
    • Services included: Maintenance
    • HOA fee: $1,372 monthly
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $1,568/sqft
    • Tax assessed value: $282,824
    • Annual tax amount: $444
    • Date on market: 7/30/2025

    Price history

    DateEventPrice
    2/19/2026Sold$1,560,000-1%$1,568/sqft
    Source: Public Record Report a problem
    11/3/2025Contingent$1,575,000$1,583/sqft
    Source: StreetEasy #S1783423 Report a problem
    8/14/2025Listed for sale$1,575,000-4.4%$1,583/sqft
    Source: StreetEasy #S1783423 Report a problem
    8/6/2025Listing removed$1,648,000$1,656/sqft
    Source: StreetEasy #S1783423 Report a problem
    7/30/2025Listed for sale$1,648,000$1,656/sqft
    Source: StreetEasy #S1783423 Report a problem
    7/30/2025Listing removed$1,648,000$1,656/sqft
    Source: StreetEasy #S1754337 Report a problem
    6/11/2025Price change$1,648,000-1.6%$1,656/sqft
    Source: StreetEasy #S1754337 Report a problem
    4/2/2025Price change$1,675,000-1.4%$1,683/sqft
    Source: StreetEasy #S1754337 Report a problem
    2/14/2025Listed for sale$1,698,000+18.1%$1,707/sqft
    Source: StreetEasy #S1754337 Report a problem
    2/13/2020Listing removed$5,300$5/sqft
    Source: Jade Stone Real Estate Consulting Report a problem
    2/1/2020Listed for rent$5,300+1%$5/sqft
    Source: Jade Stone Real Estate Consulting Report a problem
    12/5/2018Listing removed$5,250$5/sqft
    Source: Jade Stone Real Estate Consulting Report a problem
    11/7/2018Sold$1,437,889-3.2%$1,445/sqft
    Source: Public Record Report a problem
    11/6/2018Listed for rent$5,250$5/sqft
    Source: Jade Stone Real Estate Consulting Report a problem
    3/10/2018Pending sale$1,485,000$1,492/sqft
    Source: Corcoran #3484336 Report a problem
    3/10/2018Listed for sale$1,485,000$1,492/sqft
    Source: Corcoran #3484336 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,094 +3.2%$127,270 +6.3%
    2024$13,651 $119,751 +4.9%
    2023-- $114,178 +3.1%
    2022-- $110,741 +17.1%
    2021-- $94,586 -11.4%
    2020$438 $106,710 +3.6%
    2019$438 -96.2%$103,016 +10.2%
    2018$11,632 +84.8%$93,519 +82.7%
    2017$6,293 $51,177
    Find assessor info on the county website

    Neighborhood: Crown Heights

    Nearby schools

    GreatSchools rating