Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

550 Vanderbilt Avenue #702
Interested in this property?
Pending For Sale Condo

$998,000

$1,567 per sq ft

550 Vanderbilt Avenue #702

Prospect Heights, Brooklyn

550 Vanderbilt Avenue

MLS® #RLS20060711

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

637

Sq. Ft.

2017

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 637 sq ft
Year Built 2017
Ownership Condo
HOA/Common Charges $884/mo
Property Taxes $276/yr
Parking Garage
Neighborhood Prospect Heights
Floor 7 of 17

Property Highlights

  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 7 of 17
Pets Yes, CatsOk, DogsOk
Year Built 2017
Living Area 637 sq ft
Parking Garage Available
Parking Features Garage
Structure Type HighRise
Furnished Unfurnished
Parcel # 01129-1144
Block/Lot 01129/1144

Listing History

Event Date Price Change
Listed Apr 7, 2026 $998,000 -
Currently May 28, 2026 $998,000 -

Description

Experience refined living at 550 Vanderbilt, an architectural standout by COOKFOX at the gateway to Pacific Park. Set beside 22 acres of green space, this distinguished residence offers a rare blend of elevated design and urban tranquility in vibrant Prospect Heights. Unit 702 is an elegant 1-bedroom home featuring soaring ceiling heights, wide-plank oak floors, and expansive windows that welcome exceptional natural light and sweeping neighborhood views. The meticulously crafted kitchen showcases custom lacquer cabinetry, lime-washed walnut detailing, Carrara marble countertops, and a full suite of integrated Miele appliances. A washer/dryer and central climate control complete this thoughtfully appointed home. Residents enjoy 10,000 square feet of first-class amenities, including a 24/7 attended lobby, a curated library by McNally Jackson, a state-of-the-art fitness center by The Wright Fit, a residents’ lounge with catering kitchen, a children’s playroom, a pet-grooming studio, and an expansive rooftop terrace with lush plantings and panoramic city vistas.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common On Floor Common Area

Exterior Features

Building Barbecue Building Garden Building Roof Deck

Building Amenities

Bike Storage Common Lounge Common Playroom Elevators Fitness Center Recreation Room

Building Information

Financial Details

Common Charges $884/mo
RE Taxes $276/yr ($23/mo)

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

33

Median Asking Price

$915K

Median $/Sqft

$1,248

Avg Days on Market

N/A

New This Week

3

Price Reduced

18%

Sold (30 Days)

6

Median Sale Price

$930K

Live data from RLS at REBNY • Updated 5/28/26, 5:55 PM EST

Similar Listings in Prospect Heights

View All

Location

Loading map...

550 Vanderbilt Avenue #702, 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 $884 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $276, or roughly $23 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 637 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: Pets Allowed. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $998,000 for 637 sq ft, the asking price per square foot is approximately $1,567. 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: RLS20060711
First Listed: 11/19/2025
On Market: 4/7/2026
Pending Since: 5/6/2026
Contract Date: 11/18/2025

Listing Courtesy of Compass - Ivy Kramp

Listing Contact: (646) 675-5186

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 5/28/2026 at 9:55 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

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Real Estate Market Report 2026

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

Read article

Interested in this property?

Your info is secure and never shared.

Call Text Email