Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $960,000

· Closed August 28, 2023

550 VANDERBILT Avenue #206
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Closed For Sale Condo

$960,000

$1,218 per sq ft

550 VANDERBILT Avenue #206

Prospect Heights, Brooklyn

550 VANDERBILT

MLS® #RLS10885077

RLS at REBNY

Listing by Corcoran Group

1

Bedroom

1

Bath

788

Sq. Ft.

2016

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 788 sq ft
Year Built 2016
Ownership Condo
HOA/Common Charges $956/mo
Property Taxes $336/yr
Parking Garage
Neighborhood Prospect Heights
Floor 2 of 17

Property Highlights

  • Parking: Private garage
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 2 of 17
Pets Yes
Cross Street Dean Street
Year Built 2016 (New)
Living Area 788 sq ft
Parking Garage Available
Parcel # 01129-1013

Description

LARGEST One Bedroom Line in 550 Vanderbilt, a full-service luxury condo building in the heart of Prospect Heights, Brooklyn. The building has 25-year TAX ABATEMENT TILL 2040. With an existing tenant in place, this unit could be the best choice for either your own home or investment property.

This bright and spacious one bedroom has the 11-FOOT CEILING with large, over-sized windows. Modern kitchen has marble countertops, gray lacquer cabinets offering plenty of storage, and Miele appliance package, including a VENTED cooktop hood. Luxurious bathroom with DOUBLE SINKS and a Bosh washer/dryer closet. Plus, a spacious WALK-IN CLOSET in bedroom.

Next to Pacific Park's 8-acres of open space, residents will enjoy over 10,000 square feet of amenities, including a 24/7 concierge, a library, a fitness center featuring Peloton Bikes, lounge with catering kitchen & private dining room, children's playroom, pet grooming station, and a rooftop terrace with communal gardens, gas grills and breathtaking city views.

Easily walk to major subway lines (C, 2,3, B,Q), Barclay Center, and LIRR at Atlantic Terminal.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Washer Dryer Allowed

Building Information

Building 550 VANDERBILT
Total Units 278
Stories 17

Financial Details

Common Charges $956/mo
RE Taxes $336/yr ($28/mo)
Original Price $1,050,000
Sale Price $960,000
Previous Price $998,000

Prospect Heights is a small but culturally dense neighborhood that offers the best of Brooklyn living. Anchored by the Brooklyn Public Library and the Grand Army Plaza, the area provides immediate access to Prospect Park and the Brooklyn Museum. The real estate market is a sophisticated blend of historic brownstones, stately pre-war cooperatives, and high-end new developments like Pacific Park, offering a range of options for modern urbanites.

Prospect Heights Live Market Data

View Neighborhood

Active Listings

23

Median Asking Price

$825K

Median $/Sqft

$1,263

Avg Days on Market

N/A

New This Week

2

Price Reduced

13%

Sold (30 Days)

7

Median Sale Price

$1.58M

Live data from RLS at REBNY • Updated 3/25/26, 1:16 PM EST

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Location

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550 VANDERBILT Avenue #206, Prospect Heights, Kings County • Near Dean Street

Floor Plans

Floor Plan
MLS® ID: RLS10885077
First Listed: 1/7/2023
Price Changed: 8/28/2023
Closed: 8/28/2023
Contract Date: 12/1/2022

Listing Courtesy of Corcoran Group - Li Chun Kuo

Listing Contact: (917) 817-4296

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/25/2026 at 5:16 PM UTC

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