Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
550 VANDERBILT Avenue #523
Closed For Sale Condo

$995,000

$1,334 per sq ft

550 VANDERBILT Avenue #523

Prospect Heights, Brooklyn

550 Vanderbilt

MLS® #RLS10087410

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 $897/mo
Property Taxes $372/yr
Neighborhood Prospect Heights
Floor 99 of 17

Property Highlights

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

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 99 of 17
Exposure East,South
Cooling Central Air
Pets Yes
Cross Street Dean Street
Year Built 2016 (New)
Living Area 746 sq ft
Parcel # 01129-1107

Listing History

Event Date Price Change
Listed Jun 21, 2016 $995,000 -
Currently May 14, 2026 $995,000 -

Description

Welcome home to 550 Vanderbilt, Prospect Heights newest luxury condominium and the first to rise in Pacific Park, Brooklyns newest neighborhood. Residence 523 is a one bedroom home facing south onto quiet, tree lined Dean Street. The 10 foot ceilings together with large windows allow for ample air and light. Wide plank white-washed wood floors highlight a palate of natural materials. The seamless kitchen features walnut accents and is outfitted with a premium Miele appliance package, including a vented cooktop hood. The bathroom is a superior mix of Grohe fixtures, Carrara marble and a walnut vanity. In addition, a Bosch washer and dryer make life easy.Designed inside and out by celebrated architect COOKFOX, residents will enjoy an elevated experience in urban living. Not only does a full amenities suite await you, including a lounge that opens to the outdoors, a library, 8th floor roof terrace, as well as resident storage and access to underground parking, but through your own lobby you will be connected to 8-acres of lush green space! 550 Vanderbilt will have a 421a tax abatement, a gym, an attended lobby and a live-in resident manager. In addition, you are surrounded by 5 historic neighborhoods, cultural landmarks, and a transportation hub ready to take you anywhere. 550 Vanderbilt is a condominium like no other, providing its residents with an extraordinary opportunity to connect with community and nature, all in the very heart of Brooklyn, New York Citys most exciting borough.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Building Information

Financial Details

Common Charges $897/mo
RE Taxes $372/yr ($31/mo)
Sale 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

38

Median Asking Price

$1.47M

Median $/Sqft

$1,356

Avg Days on Market

N/A

New This Week

1

Price Reduced

13%

Sold (30 Days)

0

Median Sale Price

$1.55M

Live data from RLS at REBNY • Updated 5/14/26, 5:45 PM EST

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Location

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550 VANDERBILT Avenue #523, Prospect Heights, Kings County • Near Dean Street

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 $897 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $372, or roughly $31 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 746 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 $995,000 for 746 sq ft, the asking price per square foot is approximately $1,334. 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: RLS10087410
First Listed: 6/21/2016
Closed: 5/24/2017
Contract Date: 6/21/2016

Listing Courtesy of The Corcoran Group - 550 Vanderbilt Sales & Design Center

Listing Contact: (212) 355-3550

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 5/14/2026 at 9:45 PM UTC

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