Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,757,500

· Closed November 8, 2023

550 VANDERBILT Avenue #325
Closed For Sale Condo

$1,757,500

$1,509 per sq ft

550 VANDERBILT Avenue #325

Prospect Heights, Brooklyn

550 VANDERBILT

MLS® #RLS10916891

RLS at REBNY

Listing by Corcoran Group

2

Bedrooms

2

Baths

1,165

Sq. Ft.

2016

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,165 sq ft
Year Built 2016
Ownership Condo
HOA/Common Charges $1,449/mo
Property Taxes $384/yr
Parking Garage
Neighborhood Prospect Heights
Floor 3 of 17

Property Highlights

  • Views: City
  • Exposure: East,South facing
  • Climate Control: Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 3 of 17
View City
Exposure East,South
Cooling Other
Pets Yes
Year Built 2016 (New)
Living Area 1,165 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 01129-1051
Block/Lot 0016/1234

Listing History

Event Date Price Change
Listed Aug 14, 2023 $1,775,000 -
Currently May 18, 2026 $1,757,500 -1.0%

Description

  • Tax Abatement until 2042!
  • This condominium home comes with a 28 Sq. Ft. storage unit.

This impeccable, corner 2-bedroom, 2-bathroom residence has 10 foot ceilings, walls of windows with open sky & neighborhood views, and newly refinished wide-plank oak floors throughout. The open, windowed kitchen features walnut cabinetry, Carrara marble countertops, an oversized island, plus a suite of fully integrated Miele appliances and a pantry. There are Grohe fixtures and Carrara marble in both bathrooms and double sinks in the en-suite. You won't lack for storage with five closets (including a huge walk-in), plus there is an in-unit washer and dryer and central heat and air conditioning.

550 Vanderbilt is a full service luxury condominium in Prospect Heights inspired by the energy and architecture of Brooklyn. Residents enjoy 10,000 square feet of amenities including white-glove, 24 hour door service, doorman and concierge, a library, a huge fitness center with pilates and yoga rooms, a lounge with a catering kitchen, playroom, pet grooming station, and an amazing rooftop terrace with communal gardens and breathtaking city views.

One of the best neighborhoods in Brooklyn, Prospect Heights is known for the local shops, cafes, and restaurants, plus Vanderbilt avenue is part of the open streets program so you can enjoy the avenue free of cars on the weekends. In addition to being located amidst Pacific park with its play areas, open lawns, basketball courts, dog runs, and more, the location is desirable for its proximity to Prospect Park, Grand Army Plaza, and the Barclays Center. Plus, all major train lines can be found nearby.

Features & Amenities

Interior Features

Smoke Free Building None Building Washer Dryer Install Allowed In Unit

Building Amenities

Green Building

Building Information

Building 550 VANDERBILT
Building Data View Compliance & Permits
Total Units 278
Stories 17
Structure HighRise

Financial Details

Common Charges $1,449/mo
RE Taxes $384/yr ($32/mo)
Original Price $1,775,000
Sale Price $1,757,500
Previous Price $1,775,000

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

35

Median Asking Price

$1.50M

Median $/Sqft

$1,370

Avg Days on Market

N/A

New This Week

2

Price Reduced

17%

Sold (30 Days)

1

Median Sale Price

$635K

Live data from RLS at REBNY • Updated 5/18/26, 12:05 AM EST

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Location

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550 VANDERBILT Avenue #325, 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 $1,449 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $384, or roughly $32 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 1,165 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2016, making it approximately 10 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 $1,757,500 for 1,165 sq ft, the asking price per square foot is approximately $1,509. 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: RLS10916891
First Listed: 8/14/2023
On Market: 8/14/2023
Price Changed: 11/9/2023
Closed: 11/8/2023
Contract Date: 8/14/2023

Listing Courtesy of Corcoran Group - Thomas Stuart

Listing Contact: (646) 228-7229

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 5/18/2026 at 4:05 AM UTC

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