Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
550 Vanderbilt Avenue #803
Closed For Sale Condo

$999,000

$1,528 per sq ft

550 Vanderbilt Avenue #803

Prospect Heights, Brooklyn

MLS® #RLS20008028

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

654

Sq. Ft.

2017

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 654 sq ft
Year Built 2017
Ownership Condo
HOA/Common Charges $869/mo
Property Taxes $288/yr
Parking Garage
Neighborhood Prospect Heights
Floor 8 of 17

Property Highlights

  • Exposure: South facing
  • Climate Control: Central Air
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 1
Baths 1 Full
Floor 8 of 17
Exposure South
Heating Central
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2017
Living Area 654 sq ft
Parking Garage Available
Parking Features Garage
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Parcel # 01129-1170
Block/Lot 01129/1170

Listing History

Event Date Price Change
Listed Mar 10, 2025 $999,000 -
Currently May 7, 2026 $999,000 -

Description

Welcome to unit 803, a stunning south-facing one-bedroom condo located in the highly sought-after 550 Vanderbilt Ave with 19 year left on the 25-year tax abatement!! With soaring 10-foot ceilings, large floor-to-ceiling windows, and open southern views of Brooklyn and the beautifully landscaped terrace, this home is bathed in natural light throughout the day. The thoughtfully designed layout features an open-concept kitchen equipped with custom grey lacquer cabinets, lime-washed walnut open shelving, and premium Miele appliances. Adjacent to the kitchen, you'll find a spacious coat closet and a dining area that seamlessly leads into the generously sized living room. A versatile nook situated between the bedroom and bathroom makes for a perfect home office setup. The oversized bathroom exudes luxury, featuring a custom oak vanity with ample storage, a medicine cabinet, a soaking tub, and a vented washer and dryer. Across the hallway, the large sunny south-facing bedroom includes a walk-in closet, providing ample storage space. This meticulously styled and maintained home is truly turn-key and ready for its next owner! 550 Vanderbilt offers residents a wealth of amenities, including 24-hour concierge and doorman services, a state-of-the-art fitness center, a residents’ lounge, a library, a children’s playroom, and a spectacular rooftop terrace with a grill. Additionally, a brand-new parking garage is conveniently located just half a block away. Situated in the heart of Prospect Heights, this home is within walking distance of cultural landmarks such as the Brooklyn Museum, the Brooklyn Botanic Garden, and Prospect Park. The nearby Atlantic/Barclays Center ensures easy access to multiple subway lines and the Long Island Railroad. Moreover, you'll be surrounded by a variety of acclaimed restaurants, cafes, and shops. Experience the pinnacle of luxury living in this exceptional home. Schedule a viewing today to see it for yourself!

Features & Amenities

Interior Features

High Ceilings Building Washer Dryer Install Allowed Common On Floor Common Area In Unit Flooring: Hardwood

Building Amenities

Elevators

Appliances

Dishwasher

Building Information

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

Financial Details

Common Charges $869/mo
RE Taxes $288/yr ($24/mo)
Sale Price $999,000

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

42

Median Asking Price

$1.47M

Median $/Sqft

$1,346

Avg Days on Market

N/A

New This Week

8

Price Reduced

7%

Sold (30 Days)

9

Median Sale Price

$1.55M

Live data from RLS at REBNY • Updated 5/7/26, 9:03 AM EST

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Location

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550 Vanderbilt Avenue #803, 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 $869 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $288, or roughly $24 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 654 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 $999,000 for 654 sq ft, the asking price per square foot is approximately $1,528. 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: RLS20008028
First Listed: 3/10/2025
On Market: 3/10/2025
Price Changed: 3/10/2025
Closed: 7/7/2025
Contract Date: 2/25/2025

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 5/7/2026 at 1:03 PM UTC

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