Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,550,000

· Closed July 21, 2023

550 VANDERBILT Avenue #PHE
Looking for something similar?
Closed For Sale Condo

$4,550,000

$1,886 per sq ft

550 VANDERBILT Avenue #PHE

Prospect Heights, Brooklyn

MLS® #RLS10871806

RLS at REBNY

Listing by Serhant

3

Bedrooms

4.5

Baths

2,412

Sq. Ft.

2017

Year Built

Quick Summary

Bedrooms 3
Bathrooms 4 full, 1 half
Living Area 2,412 sq ft
Lot Size 17,600 sq ft
Year Built 2017
Ownership Condo
HOA/Common Charges $3,698/mo
Property Taxes $1,128/yr
Parking Garage
Neighborhood Prospect Heights
Floor 17 of 18

Property Highlights

  • Views: City
  • Exposure: East,North facing
  • Outdoor Space: Building Terrace, Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 3 Full, 1 Half
Floor 17 of 18
View City
Exposure East,North
Cooling Central Air
Pets Yes
Year Built 2017
Living Area 2,412 sq ft
Parking Garage Available
Lot Size 17,600 sq ft

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 York's newest park. With 350,000 square feet dedicated entirely to park space, children's play areas, open lawns, basketball courts, dog runs, and more, this is unlike any living experience New York has ever seen. This stunning 3-bedroom, 3.5-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. THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD15-0007

Features & Amenities

Interior Features

Separate Formal Dining Room Entrance Foyer Galley Kitchen Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck Building Terrace Terrace

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

Total Units 278
Stories 18

Financial Details

Common Charges $3,698/mo
RE Taxes $1,128/yr ($94/mo)
Original Price $4,750,000
Sale Price $4,550,000
Previous Price $4,750,000

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

23

Median Asking Price

$825K

Median $/Sqft

$1,238

Avg Days on Market

N/A

New This Week

3

Price Reduced

9%

Sold (30 Days)

7

Median Sale Price

$1.58M

Live data from RLS at REBNY • Updated 3/25/26, 2:50 PM EST

Similar Listings in Prospect Heights

View All

Location

Loading map...

550 VANDERBILT Avenue #PHE, Prospect Heights, Kings County

Floor Plans

Floor Plan
MLS® ID: RLS10871806
First Listed: 2/8/2023
Price Changed: 7/21/2023
Closed: 7/21/2023
Contract Date: 2/8/2023

Listing Courtesy of Serhant - Jim Hayes

Listing Contact: (917) 613-1800

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 3/25/2026 at 6:50 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

NYC Mansion Tax: 2026 Guide

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

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton