Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,999,000

· Closed December 18, 2019

550 Vanderbilt Avenue #1401
Closed For Sale Condo

$1,999,000

$1,528 per sq ft

550 Vanderbilt Avenue #1401

Pacific Park, Brooklyn

MLS® #RLS10597870

RLS at REBNY

Listing by Nest Seekers International

2

Bedrooms

2

Baths

1,308

Sq. Ft.

2017

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,308 sq ft
Year Built 2017
Ownership Condo
HOA/Common Charges $1,540/mo
Property Taxes $588/yr
Neighborhood Pacific Park
Floor 14 of 17

Property Highlights

  • Views: City
  • Exposure: North facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 14 of 17
View City
Exposure North
Cooling Central Air
Pets Yes
Cross Street Dean Street/Pacific Street
Year Built 2017
Living Area 1,308 sq ft
Parcel # 01129-1243
Block/Lot 1129/200

Listing History

Event Date Price Change
Listed Oct 1, 2019 $1,999,000 -
Currently May 15, 2026 $1,999,000 -

Description

**25 YEAR 421-A TAX ABATEMENT AND IMMEDIATE OCCUPANCY**

550 Vanderbilt is the first residential building to open in Pacific Park Brooklyn, the revolutionary new Frank Gehry designed 22-acre project coming to Prospect Heights. Through the masterful vision of COOKFOX, 550 Vanderbilt offers the inaugural opportunity to live and own in New Yorks newest park. With 350,000 square feet dedicated entirely to park space, childrens play areas, open lawns, basketball courts, dog runs, and more, this is unlike any living experience New York has ever seen.

This stunning 2-bedroom, 2-bathroom residence with lofty ceilings heights of up to 10 feet has been designed using a palette of natural, organic elements with an array of sophisticated fixtures and finishes. Contemporary open layouts are complimented by wide-plank white-washed oak floors that seamlessly flow from room to room along with oversized windows that capture the gorgeous neighborhood and city views.

The sublime kitchen offers custom grey lacquer cabinetry, lime-washed walnut accents, white Carrara marble countertops and backsplash, and a suite of fully integrated Miele appliances. Additionally, there is a washer/dryer and central climate control system in every unit.

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, childrens playroom, pet grooming station, and an amazing rooftop terrace with communal gardens and breathtaking city views.

Features & Amenities

Interior Features

Entrance Foyer Building Washer Dryer Install Allowed

Exterior Features

Building Roof Deck

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $1,540/mo
RE Taxes $588/yr ($49/mo)
Sale Price $1,999,000

Pacific Park exhibits a mix of residential architecture, characterized by historic cooperatives and robust multi-family housing structures. Properties benefit from nearby green space, complemented by easy access to major subway lines and local neighborhood parks.

Pacific Park Live Market Data

View Neighborhood

Active Listings

0

Median Asking Price

N/A

Median $/Sqft

N/A

Avg Days on Market

N/A

New This Week

0

Price Reduced

N/A

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/15/26, 12:14 PM EST

Recently Sold in Pacific Park

View All

Location

Loading map...

550 Vanderbilt Avenue #1401, Pacific Park, Kings County • Near Dean Street/Pacific 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 $1,540 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $588, or roughly $49 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,308 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 $1,999,000 for 1,308 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: RLS10597870
First Listed: 10/1/2019
Closed: 12/18/2019
Contract Date: 10/1/2019

Listing Courtesy of Nest Seekers International - Ryan Serhant

Listing Contact: (212) 252-8772

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 5/15/2026 at 4:14 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 Mansion Tax: 2026 Guide

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

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton