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  • $2,350,000

    550 Vanderbilt Ave APT 1508, Brooklyn, NY 11238

    2beds
    1,502sqft
    Condominium
    Built in 2017
    -- sqft lot
    $2,358,100 Zestimate®
    $1,565/sqft
    $7,541 Estimated rent

    Home value

    $2,358,100

    $2.17M - $2.55M

    $7,541/mo

    Zestimate® history
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    $16,287/mo

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    What's special

    25 Year Tax Abatement with 19 years remaining!! Welcome home to residence 1508, one of the largest 2-bedroom, 2.5 bath homes at 550 Vanderbilt spanning over 1500sf. This massive corner apartment has northwestern exposure and unobstructed stunning Manhattan skyline views from the oversized living room and primary bedroom. With 10 foot ceilings, 7 inch wide plank oak flooring, floor to ceiling windows and an excellent split 2-bedroom layout, this one is not to be missed! The chef's kitchen features all Miele appliances, custom grey lacquer and black cabinets, Carrara marble countertops and an oversized island. The hood that vents out of the building and the deep sink features a garbage disposal for added functionality. Custom bench sitting and a custom dining table fit perfectly and maximize the living room space. The primary king-sized bedroom features north exposure with city views, a custom walk-in closet with lighting and a spa-like marble clad ensuite bathroom with custom walnut double vanity, a huge mirrored medicine cabinet, walk-in shower and linen closet. The second bedroom is nearly as large as the primary and also has a walk-in closet and an ensuite bathroom with handmade tile from Spain and a deep soaking tub. Off the entryway, you will find an elegant marble clad powder room for guests, an oversized coat closet and a large side-by-side vented washer and dryer. A large storage unit is also included in this purchase of this unit. Situated in Pacific Park Brooklyn, a groundbreaking 22-acre development by Frank Gehry in Prospect Heights and designed by COOKFOX, 550 Vanderbilt provides rare access to 350,000 square feet of green space with various outdoor facilities. Residents enjoy 10,000 square feet of top-tier amenities, including 24-hour door service, a McNally Jackson library, a Wright Fit gym, resident lounge with catering kitchen, playroom, pet spa, and a rooftop terrace with grills, gardens and city views. With its 25-year tax abatement, the exceptionally low real estate taxes at this 550 Vanderbilt residence are a major draw and offer a significant financial advantage to the savvy buyer with a discerning eye. Don't miss this special unit which rarely comes on the market! *Some photos are virtually staged.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ivy Kramp,

    Compass,

    Jenna Amicucci-Dechristopher

    Source: StreetEasy,MLS#: S1767581

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bike Room, Childrens Playroom, Recreation Room
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Washer/Dryer
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 1,502
    • Total interior livable area: 1,502 sqft

    Property

    Features
    • Has view: Yes
    • View description: City, Skyline
    Details
    • Parcel number: 011291258
    • Special conditions: Resale

    Construction

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

    Community & HOA

    Community
    • Features: Doorman
    • Security: Doorman
    • Subdivision: Prospect Heights
    HOA
    • Has HOA: Yes
    • Amenities included: Fitness Center
    • Services included: Maintenance
    • HOA fee: $2,105 monthly
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $1,565/sqft
    • Tax assessed value: $426,668
    • Annual tax amount: $660
    • Date on market: 4/25/2025

    Price history

    DateEventPrice
    3/6/2026Listing removed$10,999$7/sqft
    Source: Zillow Rentals Report a problem
    2/19/2026Listed for rent$10,999$7/sqft
    Source: Zillow Rentals Report a problem
    12/26/2025Sold$2,350,000-1.9%$1,565/sqft
    Source: Public Record Report a problem
    10/20/2025Contingent$2,395,000$1,595/sqft
    Source: StreetEasy #S1790556 Report a problem
    9/16/2025Price change$2,395,000-4.2%$1,595/sqft
    Source: StreetEasy #S1790556 Report a problem
    4/25/2025Listed for sale$2,500,000-3.7%$1,664/sqft
    Source: StreetEasy #S1767581 Report a problem
    4/21/2025Listing removed$2,595,000$1,728/sqft
    Source: StreetEasy #S1755580 Report a problem
    2/23/2025Listed for sale$2,595,000+23.6%$1,728/sqft
    Source: StreetEasy #S1755580 Report a problem
    12/13/2021Sold$2,100,000-6.7%$1,398/sqft
    Source: Public Record Report a problem
    9/1/2021Listing removed--
    Source: Nest Seekers International Report a problem
    8/31/2021Listed for sale$2,250,000+7.1%$1,498/sqft
    Source: Nest Seekers International Report a problem
    8/30/2021Sold$2,100,000-6.7%$1,398/sqft
    Source: StreetEasy #S1437021 Report a problem
    7/24/2021Pending sale$2,250,000$1,498/sqft
    Source: StreetEasy #1235108 Report a problem
    10/2/2019Listed for sale$2,250,000-3.2%$1,498/sqft
    Source: Nest Seekers International #1235108 Report a problem
    5/31/2019Listing removed$2,325,000$1,548/sqft
    Source: Nest Seekers Report a problem
    3/22/2019Listed for sale$2,325,000-6.8%$1,548/sqft
    Source: Nest Seekers International #885839 Report a problem
    8/17/2018Listing removed$2,495,000$1,661/sqft
    Source: Nest Seekers Report a problem
    6/15/2018Listed for sale$2,495,000$1,661/sqft
    Source: Nest Seekers International #885839 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,262 +3.2%$192,000 +6.3%
    2024$20,594 $180,656 +4.9%
    2023-- $172,248 +3.1%
    2022-- $167,065 +17.1%
    2021-- $142,693 -11.4%
    2020$661 $160,983 +3.6%
    2019$661 -96.2%$155,409 +10.2%
    2018$17,548 +84.8%$141,083 +82.7%
    2017$9,495 $77,205
    Find assessor info on the county website

    Neighborhood: Crown Heights

    Nearby schools

    GreatSchools rating