For Sale · Listing by Compass
550 Vanderbilt Avenue #1601
Prospect Heights, Brooklyn
$2,125,000
550 Vanderbilt Avenue #1601
MLS® #RLS20121943
Listing by Compass
Open House Scheduled
Sunday, October 25 • 11:30 AM – 12:30 PM
REBNY 2025: signed Buyer Representation Agreement required before any showing.
- 2
- Bedrooms
- 2
- Baths
- 1,308
- Sq. Ft.
- 2017
- Year Built
Quick Summary
Property Highlights
- Views: City
- Exposure: East,North facing
- Climate Control: Central Air
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 20, 2026 | $2,125,000 | - |
| Currently | Oct 21, 2026 | $2,125,000 | - |
Description
All showings by appointment. Sweeping Views & Beautifully Preserved Interiors at 550 Vanderbilt. Bathed in natural light and framed by sweeping open views, Residence 1601 is a beautifully preserved two-bedroom, two-bathroom condominium offering exceptional space and a sense of calm above Prospect Heights. Spanning approximately 1,308 square feet, the home is defined by its expansive windows, airy proportions, and warm finishes. The unit features a rare corner living room with an open kitchen. The multiple exposures provide beautiful natural light throughout the day and create a seamless backdrop for both everyday living and entertaining. The open kitchen pairs custom grey lacquer cabinetry with sleek finishes, lime-washed walnut accents, white Carrara marble countertops, a striking marble backsplash, and a suite of fully integrated Miele appliances. Additionally, there is a side by side washer/dryer and a central climate control system. Thoughtfully designed and exceptionally well maintained, it balances clean, modern living with a timeless warmth. Wide-plank wood floors carry throughout, while both full bathrooms feature refined stone finishes and rich wood vanities, Offered for resale for the first time, the residence has been meticulously preserved since its original purchase, presenting a rare opportunity to acquire a home that feels remarkably fresh without sacrificing its original design integrity. Set within 550 Vanderbilt, a sought-after condominium in the heart of Prospect Heights, the home combines elevated city living with access to one of Brooklyn's most vibrant neighborhoods. Equipped with a 24-hour white-glove doorman service, a library by McNally Jackson, a fitness center by The Wright Fit, a residents' lounge with catering kitchen, children's playroom, and pet grooming station. The spectacular rooftop terrace features communal gardens and city views, offering an exceptional setting to unwind above the city. With its generous scale, exceptional natural light, open skyline views, and pristine condition, Residence 1601 is a rare opportunity to make a beautifully maintained home your own. Ideally located near the A, C, B, Q, 2, and 3 subway lines, with convenient access to Atlantic Terminal and the LIRR, 550 Vanderbilt offers effortless connectivity throughout Brooklyn and Manhattan.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Prospect Heights
View All Prospect Heights ListingsProspect 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 NeighborhoodActive Listings
32
Median Asking Price
$1.30M
Median $/Sqft
$1,512
Avg Days on Market
N/A
New This Week
5
Price Reduced
16%
Sold (30 Days)
12
Median Sale Price
$1.21M
Live data from RLS at REBNY • Updated 10/21/26, 2:49 AM EST
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Location
550 Vanderbilt Avenue #1601, Prospect Heights, Kings County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $1,947 per month. Confirm the exact amount with Milton Coste before making an offer.
The current listed annual property tax is $571.32, or roughly $48 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: Pets Allowed. Contact Milton Coste for weight limits or breed restrictions.
At the current list price of $2,125,000 for 1,308 sq ft, the asking price per square foot is approximately $1,625. 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) 416-7433Listing Courtesy of Compass - Amanda McAvena
Listing Contact: (614) 364-2123
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.
How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works
RLS Data display by Keller Williams NYC. Data last updated on 10/21/2026 at 6:49 AM UTC
See it in person
Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 550 Vanderbilt Avenue #1601
At $2,125,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. No obligation.
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What happens next
- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
Your info is secure and never shared.
You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.
Prospect Heights Market Update
12 sales last 30 days · $1.30M median · 2.7 months supply
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Quick Facts
Monthly Costs Estimate
$425,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$26,563
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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