Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $950,000

· Closed August 7, 2025

550 VANDERBILT Avenue #317
Closed For Sale Condo

$950,000

$1,482 per sq ft

550 VANDERBILT Avenue #317

Prospect Heights, Brooklyn

550 Vanderbilt

MLS® #RLS20014693

RLS at REBNY

Listing by Christies International Real Estate Group LLC

1

Bedroom

1

Bath

641

Sq. Ft.

2017

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 641 sq ft
Year Built 2017
Ownership Condo
HOA/Common Charges $850/mo
Property Taxes Contact for details
Neighborhood Prospect Heights
Floor 3 of 17

Property Highlights

  • Views: City Lights, City
  • Exposure: East facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 3 of 17
View City Lights, City
Exposure East
Cooling Central Air
Pets Yes
Year Built 2017 (New)
Living Area 641 sq ft
Structure Type HighRise
Basement Other
Parcel # 01129-1043
Block/Lot 01129/1043

Listing History

Event Date Price Change
Listed Apr 7, 2025 $995,000 -
Currently May 17, 2026 $950,000 -4.5%

Description

Enjoy 421-A tax abatement until 2043! Super low property tax at $23/month right now! We can accept RMB deals! 24-hour notice for showings required.

Welcome to Unit 317 at 550 Vanderbilt, a stunning 1-bedroom, 1-bathroom residence offering 641 square feet of thoughtfully designed living space. Facing East, it overlooks the surrounding historical Brooklyn neighborhoods. The 10-foot ceilings and large windows allow for plenty of air and light, and wide plank wood floors highlight a palate of natural materials. The seamless kitchen features grey Italian lacquer cabinetry and is outfitted with a premium Miele appliance package, including a vented cooktop hood. In addition, a Bosch Washer & Dryer makes life easy.

550 Vanderbilt is a full-service luxury condominium with an impressive suite of amenities. Residents enjoy a 24-hour concierge and doorman, a state-of-the-art fitness center, a resident's lounge with a catering kitchen, a library, a children's playroom, and a beautifully landscaped rooftop terrace with grills and panoramic city views. Additional amenities include a quiet interior courtyard designed by landscape architect Thomas Balsley, bike storage, and on-site parking (available for purchase).

Located in the heart of Prospect Heights, 550 Vanderbilt sits at the crossroads of Brooklyn's most vibrant neighborhoods. You're moments away from the Barclays Center, Prospect Park, the Brooklyn Museum, and the Brooklyn Botanic Garden, with easy access to many restaurants, cafes, and shops. Transportation is effortless, with multiple subway lines (B, Q, 2, 3, 4, 5, C, D, N, R) just steps away, making commuting into Manhattan or exploring all of Brooklyn a breeze.

Features & Amenities

Interior Features

Building None In Unit

Exterior Features

Building Roof Deck Private Outdoor Space Under60 Sqft

Building Amenities

Common Playroom Concierge Kitchen Facilities

Appliances

Washer Dryer Allowed

Building Information

Building 550 Vanderbilt
Building Data View Compliance & Permits
Total Units 278
Stories 17
Structure HighRise

Financial Details

Common Charges $850/mo
RE Taxes Contact for details
Original Price $995,000
Sale Price $950,000
Previous Price $995,000

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

36

Median Asking Price

$1.47M

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 5/17/26, 2:12 PM EST

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Location

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550 VANDERBILT Avenue #317, Prospect Heights, Kings County

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 $850 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 641 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 $950,000 for 641 sq ft, the asking price per square foot is approximately $1,482. 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: RLS20014693
First Listed: 4/7/2025
On Market: 4/7/2025
Price Changed: 8/7/2025
Closed: 8/7/2025
Contract Date: 4/7/2025

Listing Courtesy of Christies International Real Estate Group LLC - Calvin Xu

Listing Contact: (347) 276-4612

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 5/17/2026 at 6:12 PM UTC

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