Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,030,000

· Closed November 30, 2022

550 VANDERBILT Avenue #304
Closed For Sale Condo

$1,030,000

$1,319 per sq ft

550 VANDERBILT Avenue #304

Prospect Heights, Brooklyn

MLS® #RLS10851683

RLS at REBNY

Listing by Level

1

Bedroom

1

Bath

781

Sq. Ft.

2017

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 781 sq ft
Lot Size 17,600 sq ft
Year Built 2017
Ownership Condo
HOA/Common Charges $956/mo
Property Taxes $336/yr
Parking Garage
Neighborhood Prospect Heights
Floor 3 of 18

Property Highlights

  • Exposure: North facing
  • Climate Control: Central Air
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 3 of 18
Exposure North
Cooling Central Air
Pets Yes
Year Built 2017 (New)
Living Area 781 sq ft
Parking Garage Available
Lot Size 17,600 sq ft
Parcel # 01129-1032

Listing History

Event Date Price Change
Listed Sep 24, 2021 $1,150,000 -
Currently May 18, 2026 $1,030,000 -10.4%

Description

Can come with or without tenant in place. Largest One Bedroom in 550 Vanderbilt, a full-service luxury condo building in the heart of Prospect Heights, Brooklyn. The building has 25-year 421A Tax abatement in place 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 ceilings 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

Exterior Features

Building Garden Building Roof Deck Garden

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

Financial Details

Common Charges $956/mo
RE Taxes $336/yr ($28/mo)
Original Price $1,150,000
Sale Price $1,030,000
Previous Price $1,150,000

Prospect 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 Neighborhood

Active 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, 5:24 AM EST

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Location

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550 VANDERBILT Avenue #304, Prospect Heights, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2015
Year Built
11 years old
18
Floors
278
Residential Units
R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $40,523,435
Land Value: $1,421,994
Exemptions: $39,529,202

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 39,392 SF
Building Area: 268,405 SF
Built FAR: 6.81
Allowed FAR: 4

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

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 781 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2017, making it approximately 9 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 $1,030,000 for 781 sq ft, the asking price per square foot is approximately $1,319. 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) 416-7433
MLS® ID: RLS10851683
First Listed: 9/24/2021
Price Changed: 11/30/2022
Closed: 11/30/2022
Contract Date: 9/25/2021

Listing Courtesy of Level - Lichun 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 5/18/2026 at 9:24 AM UTC

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