SOLD FOR $960,000
· Closed August 28, 2023
550 VANDERBILT Avenue #206
MLS® #RLS10885077
Listing by Corcoran Group
1
Bedroom
1
Bath
788
Sq. Ft.
2016
Year Built
Quick Summary
Property Highlights
- Parking: Private garage
- New Construction: Brand new building
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jan 7, 2023 | $1,050,000 | - |
| Price Reduced | Aug 28, 2023 | $998,000 | -5.0% |
| Currently | May 18, 2026 | $960,000 | -3.8% |
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
Appliances
Building Information
Financial Details
About Prospect Heights
View All Prospect Heights ListingsProspect Heights is a compact Brooklyn neighborhood anchored by the Brooklyn Public Library, Grand Army Plaza, Prospect Park, and the Brooklyn Museum. The real estate market features historic brownstones, pre-war cooperatives, and new developments like Pacific Park, with 2/3/B/Q/4 train service.
Prospect Heights Live Market Data
View NeighborhoodActive Listings
35
Median Asking Price
$1.50M
Median $/Sqft
$1,370
Avg Days on Market
N/A
New This Week
2
Price Reduced
17%
Sold (30 Days)
1
Median Sale Price
$635K
Live data from RLS at REBNY • Updated 5/18/26, 12:34 AM EST
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Location
550 VANDERBILT Avenue #206, Prospect Heights, Kings County • Near Dean Street
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $956 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $336, or roughly $28 per month. Verify the current assessment with your attorney before closing.
This property has 1 bedroom and 1 full bathroom.
The listed interior living area is 788 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 2016, making it approximately 10 years old.
This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $960,000 for 788 sq ft, the asking price per square foot is approximately $1,218. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing 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 Data display by Keller Williams NYC. Data last updated on 5/18/2026 at 4:34 AM UTC