Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $960,000

Listed at $995,000 · Sold 3.5% below asking · Closed May 14, 2021

550 VANDERBILT Avenue #423
Closed For Sale Condo

$995,000

$1,334 per sq ft

550 VANDERBILT Avenue #423

Prospect Heights, Brooklyn

550 Vanderbilt

MLS® #RLS10692293

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

746

Sq. Ft.

2016

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 746 sq ft
Year Built 2016
Ownership Condo
HOA/Common Charges $892/mo
Property Taxes $324/yr
Neighborhood Prospect Heights
Floor 4 of 17

Property Highlights

  • Exposure: South facing
  • Climate Control: Central Air
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 4 of 17
Exposure South
Cooling Central Air
Pets Yes
Cross Street Dean Street
Year Built 2016 (New)
Living Area 746 sq ft
Parcel # 01129-1078

Description

IN CONTRACT - First resale on one of the most-coveted 1-bedroom lines at Pacific Park (550 Vanderbilt Avenue). Residence 423 can't help but stand apart from all other 1-bedroom/1-bathroom units in this premier full-service condo in prime Prospect Heights in BROOKLYN. This partial corner residence clocks in at 746 SF and overlooks neighboring brownstones (so no construction!) and features unobstructed southern exposure. The oversized windows offer blue skies and streaming sunshine all day. Just three years old, this is the first resale in this highly desirable line which also includes a deeded storage space (4'x'7'x8) in the sale. This sleek and modern home has an open and loft-like living/dining area 32? long with 10? ceilings highlighted by white-washed, wide-plank oak floors throughout. The open chef's kitchen includes top-of-the-line Miele appliances - including vented hood - and white Carrera marble countertops and backsplash. The custom gray lacquer cabinets with walnut accents offer up plenty of storage. If that weren't enough, you also have that NYC-rarity - an InSinkErator food disposal system. At days end, soak your cares away in the tiled bath with Carrera marble and a walnut double-sink vanity - all with Grohe fixtures. Call it a night in your king-sized bedroom which boasts a large walk-in closet with custom built-ins. The double-paned noise-reduction windows promise you a peaceful night's sleep. Once completed, Pacific Park (Brooklyn's newest neighborhood) - with its 8 acres of lush green space - will truly be like living in a park. The building offers 10,000 SF of amenities to all residents: a 24-hour concierge, fitness center by The Wright Fit, lounge with catering kitchen, playroom, a library by McNally Jackson, pet grooming station, and a landscaped roof terrace with expansive views of the city, skyline and neighboring brownstones. Your commute will be a breeze with express and local trains just 5 minutes away - C, B, Q, 2, 3 - and additionally all the trains available at the nearby Barclay Center/Atlantic Terminal - 4, 5, B, D, N, Q, R and W, and the LIRR for those quick escapes to the Hamptons and the beaches of Long Island. You will be in the heart of some of the best restaurants, bars, cafes and entertainment that Brooklyn has to offer with just a stroll down Vanderbilt Ave. A 25-year 421-A tax abatement in place until 2043.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Dryer Washer

Building Information

Building 550 Vanderbilt
Total Units 278
Stories 17

Financial Details

Common Charges $892/mo
RE Taxes $324/yr ($27/mo)
Sale Price $960,000

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

24

Median Asking Price

$850K

Median $/Sqft

$1,238

Avg Days on Market

N/A

New This Week

3

Price Reduced

8%

Sold (30 Days)

6

Median Sale Price

$1.58M

Live data from RLS at REBNY • Updated 3/26/26, 5:35 PM EST

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Location

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550 VANDERBILT Avenue #423, Prospect Heights, Kings County • Near Dean Street

Floor Plans

Floor Plan
MLS® ID: RLS10692293
First Listed: 1/7/2021
Closed: 5/14/2021
Contract Date: 1/14/2021

Listing Courtesy of The Corcoran Group - Bruce Henderson

Listing Contact: (646) 287-1765

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.

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RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/26/2026 at 9:35 PM UTC

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