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In contract
  • $998,000

    550 Vanderbilt Ave APT 720, Brooklyn, NY 11238

    1beds
    646sqft
    Loading
    Condominium
    Built in 2017
    -- sqft lot
    $1,005,400 Zestimate®
    $1,545/sqft
    $892/mo HOA

    What's special

    Bathed in natural lightRich chestnut hardwood floorsIn-unit washer and dryerSpacious bedroomSpa-like bathroomPeaceful courtyard viewsLarge walk-in closet
    Luxury Brooklyn Living Redefined: Unparalleled Value & Timeless Design Residence 720, a bright West-facing 1BR at 550 Vanderbilt presents a rare opportunity to own a luxury condominium in the heart of Prospect Heights. Perfectly suited as a primary residence, a sophisticated pied-à-terre, or a high-yield investment property, this beautiful home delivers an unmatched combination of low carrying costs, premier amenities, and a prime Brooklyn location. ✨ Unbeatable Financials • 421-A Tax Abatement: In place until 2043, shielding the asset from immediate full-market real estate tax exposure. Currently at an astonishingly low $24. • Low Carrying Costs: Combined with reasonable common charges, the total monthly cost of ownership is just $1.42/sf, making this one of the smartest, most cost-effective buys in Brooklyn today. ✨ The Residence Bathed in natural light with peaceful courtyard views, this beautifully designed home features soaring 10-foot ceilings, rich chestnut hardwood floors, and expansive double-paned windows with a bright western exposure. • Chef’s Kitchen: Sleek marble countertops, abundant cabinetry and pantry storage, and a full suite of premium Miele appliances, including a gas cooktop with externally vented range hood for true chef-level performance. • Bedroom & Bath: The spacious bedroom offers a large walk-in closet, while the spa-like bathroom features elegant Carrara marble finishes and a custom walnut vanity. • Convenience: An in-unit washer and dryer completes this thoughtfully appointed home. ✨ The Building & Amenities Designed by the acclaimed architecture firm COOKFOX, 550 Vanderbilt offers over 10,000 square feet of world-class, luxury amenities: • 24-hour attended lobby & concierge • Library, lounge, and private dining room with catering kitchen • Landscaped rooftop terrace with communal gardens, grills, and outdoor dining • State-of-the-art fitness center curated by The Wright Fit, featuring Peloton bikes and private studios • Children’s playroom The Neighborhood Perfectly positioned at the intersection of Prospect Heights and Pacific Park, residents enjoy immediate access to local green spaces, Barclays Center, and some of Brooklyn’s finest dining and shopping. Commuting is seamless, with the B, Q, C, 2, and 3 subway lines just moments away. Contact us today to schedule your private showing. PS. Pics from the unit one floor below at identical size, layout, finishes, and exposure.
    54 days
    |
    48
    |
    0
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jade Stone Real Estate Consulting 917-494-0531,

    Anne Chang,

    Chinmei Fan

    Source: StreetEasy,MLS#: S1830653

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      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: 646
      • Total interior livable area: 646 sqft

      Property

      Accessibility
      • Accessibility features: Wheelchair Access
      Features
      • Has view: Yes
      • View description: City, Garden, Skyline
      Details
      • Parcel number: 011291160
      • 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: $892 monthly
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $1,545/sqft
      • Tax assessed value: $183,585
      • Annual tax amount: $288
      • Date on market: 5/31/2026

        Estimated market value

        $1,005,400

        $955,000 - $1.06M

        $4,514/mo

        Price history

        DateEventPrice
        6/19/2026Contingent$998,000$1,545/sqft
        Source: StreetEasy #S1830653 Report a problem
        5/31/2026Listed for sale$998,000+15.8%$1,545/sqft
        Source: StreetEasy #S1830653 Report a problem
        5/7/2023Listing removed--
        Source: Zillow Rentals Report a problem
        3/28/2023Listed for rent$4,200+9.1%$7/sqft
        Source: Zillow Rentals Report a problem
        4/8/2022Listing removed--
        Source: StreetEasy Report a problem
        3/21/2022Listed for rent$3,850+14.9%$6/sqft
        Source: StreetEasy Report a problem
        12/3/2018Listing removed$3,350$5/sqft
        Source: Ankor Management Report a problem
        11/30/2018Listed for rent$3,350$5/sqft
        Source: Ankor Management Report a problem
        7/3/2017Sold$862,155$1,335/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,149 +3.3%$82,613 +6.3%
        2024$8,861 $77,732 +4.9%
        2023-- $74,114 +3.1%
        2022-- $71,884 +17.1%
        2021-- $61,397 -11.4%
        2020$285 $69,267 +3.6%
        2019$285 -96.2%$66,869 +10.2%
        2018$7,550 +84.8%$60,705 +82.7%
        2017$4,086 $33,219
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Prospect Heights

        Getting around

        97 / 100
        Walker's Paradise
        89 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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