Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,550,000

· Closed January 31, 2022

550 Vanderbilt Avenue #727
Looking for something similar?
Closed For Sale Condo

$1,550,000

$1,600 per sq ft

550 Vanderbilt Avenue #727

Prospect Heights, Brooklyn

MLS® #RLS10754203

RLS at REBNY

Listing by Spire Group Inc.

2

Bedrooms

2

Baths

969

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 969 sq ft
Year Built N/A
Ownership Condo
HOA/Common Charges $1,229/mo
Property Taxes $420/yr
Parking Garage
Neighborhood Prospect Heights
Floor 7

Property Highlights

  • Views: City, Park Greenbelt
  • Outdoor Space: Building Patio, Building Terrace
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 7
View City, Park Greenbelt
Cooling Central Air
Pets Yes
Living Area 969 sq ft
Parking Garage Available
Parcel # 01129-1166

Description

TAX ABATEMENT 25 year 421A Tax abatement in place till 2040! The monthly tax is only $35!!
Welcome to 550 Vanderbilt the most popular luxury condo in Prospect Heights.

THE beautiful sun-flooded south facing 2 Bedroom, 2 full Bathroom comes with great view, high ceiling, walk-in closet and over-sized double-pane windows. Contemporary open, split bedroom layout is complimented by wide-plank white-washed oak floors. The sublime kitchen offers custom gray lacquer cabinetry, white Carrara marble counter tops and back splash, a suite of fully integrated Miele appliances, including a vented cook top hood. The bathrooms features with double sinks in Master en-suite and stainless-steel Grohe fixtures, light Carrara marble, spacious walnut vanity, a soaking tub and a shower. Additionally, there is a vented LG washer/dryer closet and central climate control system in unit.

Designed inside and out by celebrated architect COOKFOX. The building is a Silver LEED building. 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 wash station, bike storage, an amazing rooftop terrace with communal gardens and breathtaking city views.

This building has a short distance to Prospect Park, Barclay Center, Atlantic Center shopping mall, Brooklyns Botanical Garden and Brooklyn Bridge Park. In addition, you are surrounded by 5 historical Brooklyn neighborhoods, cultural landmarks, and a transportation hub ready to take you anywhere. Quick access to Manhattan with 11 subways nearby including B/C/Q/2/3/4/5/G/D/N/R and also to the LIRR. 550 Vanderbilt is a condominium like no other, providing its residents with an extraordinary opportunity to connect with the community and nature, all in the very heart of Brooklyn, New York Citys most exciting borough.

Tenant in place till 11/30/2021, $5200 as the current rent.





Features & Amenities

Interior Features

Eat In Kitchen Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Patio Building Terrace

Appliances

Dryer Washer

Financial Details

Common Charges $1,229/mo
RE Taxes $420/yr ($35/mo)
Sale Price $1,550,000
Previous Price $1,599,800

Prospect Heights is a small but culturally dense neighborhood that offers the best of Brooklyn living. Anchored by the Brooklyn Public Library and the Grand Army Plaza, the area provides immediate access to Prospect Park and the Brooklyn Museum. The real estate market is a sophisticated blend of historic brownstones, stately pre-war cooperatives, and high-end new developments like Pacific Park, offering a range of options for modern urbanites.

Prospect Heights Live Market Data

View Neighborhood

Active Listings

24

Median Asking Price

$862K

Median $/Sqft

$1,214

Avg Days on Market

N/A

New This Week

3

Price Reduced

8%

Sold (30 Days)

6

Median Sale Price

$1.58M

Live data from RLS at REBNY • Updated 3/26/26, 6:16 AM EST

Similar Listings in Prospect Heights

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Location

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550 Vanderbilt Avenue #727, Prospect Heights, Kings County

MLS® ID: RLS10754203
First Listed: 10/25/2021
Price Changed: 2/1/2022
Closed: 1/31/2022
Contract Date: 10/18/2021

Listing Courtesy of Spire Group Inc. - Lucy Pang

Listing Contact: (212) 500-1900

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 3/26/2026 at 10:16 AM UTC

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