Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,150,000

Listed at $1,200,000 · Sold 4.2% below asking · Closed April 11, 2023

550 Vanderbilt Avenue #623
Looking for something similar?
Closed For Sale Condo

$1,200,000

$1,417 per sq ft

550 Vanderbilt Avenue #623

Prospect Heights, Brooklyn

MLS® #RLS10840670

RLS at REBNY

Listing by Spire Group Inc.

1

Bedroom

1

Bath

847

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 847 sq ft
Year Built N/A
Ownership Condo
HOA/Common Charges $1,049/mo
Property Taxes $360/yr
Parking Garage
Neighborhood Prospect Heights

Property Highlights

  • Outdoor Space: Building Patio, Building Terrace
  • Climate Control: Central Air
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Cooling Central Air
Pets Yes
Living Area 847 sq ft
Parking Garage Available
Parcel # 01129-1136

Description

- 25-year 421A Tax abatement in place!! One of the last tax abatement buildings in NYC;
- 847 sq ft: One of the largest 1 BRs with the best layout in this building;
- Beautiful sunny unit with East & South facing, large corner windows, a big walk-in closet, Washer / Dryer in Unit and Miele appliances;
- A luxury full-service condo building in the heart of Prospect Heights in Brooklyn with 11 subways within walking distance.

NEW TO MARKET: This beautiful, spacious, sun flooded East & South facing 1 BR with lofty ceiling heights has been designed using organic elements with an array of sophisticated fixtures and finishes. Contemporary open layouts are complimented by wide-plank white-washed oak floors, walls of over sized windows. The sublime kitchen offers custom gray lacquer cabinetry, white Carrara marble counter tops and back splash, and a suite of fully integrated Miele appliances, including a vented cook top hood. The double-sink bathroom comes with stainless-steel Grohe fixtures, light Carrara marble, spacious walnut vanity. Additionally, there is a Bosh washer/dryer closet, a coat closet, a big walk-in closet in the bedroom and the central climate control system in unit.

Designed inside and out by celebrated architect COOKFOX. The building is a Silver LEED building. Residents will enjoy 10,000 square feet of amenities including white-glove, 24 hour door service, a library by McNally Jackson, fitness center by The Wright Fit, lounge with catering kitchen, Children's playroom, pet wash station, bike storage, an amazing rooftop terrace with communal gardens and breathtaking city views and a live-in super.

This building has a short distance to Prospect Park, Barclay Center, Atlantic Center shopping mall, Brooklyn's Botanical Garden and Brooklyn Bridge Park. In addition, you are surrounded by 5 historical Brooklyn neighborhoods, cultural landmarks, and a transportation hub ready to take you anywhere. Quick access to Manhattan with 11 subways nearby including B/C/Q/2/3/4/5/G/D/N/R and also to the LIRR. 550 Vanderbilt is a condominium like no other, providing its residents with an extraordinary opportunity to connect with the community and nature, all in the very heart of Brooklyn, New York City's most exciting borough.

Please feel free to contact the listing agent for more information.





Features & Amenities

Interior Features

Eat In Kitchen Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Patio Building Terrace

Appliances

Dryer Washer

Financial Details

Common Charges $1,049/mo
RE Taxes $360/yr ($30/mo)
Sale Price $1,150,000

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

$862K

Median $/Sqft

$1,214

Avg Days on Market

N/A

New This Week

4

Price Reduced

8%

Sold (30 Days)

7

Median Sale Price

$1.58M

Live data from RLS at REBNY • Updated 3/25/26, 4:18 PM EST

Similar Listings in Prospect Heights

View All

Location

Loading map...

550 Vanderbilt Avenue #623, Prospect Heights, Kings County

MLS® ID: RLS10840670
First Listed: 2/21/2023
Price Changed: 2/21/2023
Closed: 4/11/2023
Contract Date: 2/21/2023

Listing Courtesy of Spire Group Inc. - Lucy Pang

Listing Contact: (212) 500-1900

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 3/25/2026 at 8:18 PM UTC

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton