Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
550 Metropolitan Avenue #PHA

For Sale · Listing by Sothebys International Realty

550 Metropolitan Avenue #PHA

Williamsburg, Brooklyn

$2,250,000

Interested in this property?
Active For Sale • Condo

$2,250,000

$1,365 per sq ft

550 Metropolitan Avenue #PHA

Williamsburg, Brooklyn

MLS® #RLS20049642

RLS at REBNY

Listing by Sothebys International Realty

Open House Scheduled

Sunday, October 4 • 4:00 PM – 5:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

3
Bedrooms
3
Baths
1,648
Sq. Ft.
2021
Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 1,648 sq ft
Lot Size 3,030.97 sq ft
Year Built 2021
Ownership Condo
HOA/Common Charges $1,422/mo
Property Taxes $23,688/yr
Neighborhood Williamsburg
Floor 5 of 6

Property Highlights

  • Views: City, Skyline
  • Exposure: East,North,South,West facing
  • Climate Control: Central Air, Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 3 Full
Floor 5 of 6
View City, Skyline
Exposure East,North,South,West
Cooling Central Air, Other
Pets Yes
Year Built 2021
Living Area 1,648 sq ft
Structure Type MultiFamily
Furnished Unfurnished
Lot Size 3,030.97 sq ft
Block/Lot 02761/0019

Listing History

Event Date Price Change
Listed Oct 2, 2026 $2,250,000 -
Currently Oct 2, 2026 $2,250,000 -

Description

Stand out design and luxury are uniquely combined in this stunning 2-bedroom plus home office, three-bathroom, full floor, key-locked elevator penthouse in one of the most exclusive boutique buildings in Williamsburg. The exceptional residence is bathed with sunlight throughout, and exemplifies contemporary Brooklyn style living. Designed by Veronica Mishaan with beautiful features such as GRATO engineered hardwood floors, high ceilings, oversized windows with skyline views, an in-unit washer/dryer, a private refuse room and central air conditioning. The layout is graced with an intuitive flow and an open concept kitchen with an eat-in peninsula, sleek white quartz countertops and backsplashes, custom soft-close ash veneer cabinets, and a suite of fully integrated high-end Bosch appliances. The open and airy living/dining spaces are connected to a hallway leading to the bedroom wing of the home. Equally impressive is the primary bedroom with a dressing room area, wall of custom fitted closets and a spa-like ensuite bath with a walk-in shower, a deep soaking tub, and a custom dark ash veneer double vanity with honed travertine countertops and a brushed nickel Kohler faucet. All three bathrooms are designed with sophisticated earthy tones and a calming neutral color palette. 550 Metropolitan Avenue is a boutique condominium with only 6 stories and 9 units. The building offers the convenience and lifestyle of Brooklyn’s trendiest neighborhood as well as core amenities a fully furnished common rooftop deck with outdoor kitchen great for hosting parties with its exceptional skyline views, bicycle storage, and a virtual doorman system. It is surrounded by a wide range of trendy restaurants, bars, cafés, and shops, and it is a short walk to McCarren Park. Greenpoint and East Williamsburg are also close by. The L subway line is down the block, and the G line is around the corner.

Features & Amenities

Interior Features

In Unit See Remarks

Exterior Features

Building Courtyard Building Roof Deck

Building Amenities

Bike Storage Elevators Package Room

Appliances

Dryer Dishwasher Washer

Building Information

Building Data View Compliance & Permits
Total Units 9
Stories 6
Structure MultiFamily

Financial Details

Common Charges $1,422/mo
RE Taxes $23,688/yr ($1,974/mo)
Previous Price $2,395,000

Williamsburg is the global face of Brooklyn's cultural and residential renaissance. Defined by its stunning waterfront parks and the iconic L-train connection to Manhattan, the neighborhood offers a high-energy lifestyle. The real estate market is dominated by sleek, glass-walled luxury condominiums along the East River, alongside historic warehouse conversions and boutique new developments that cater to a wide range of buyers and renters.

Williamsburg Live Market Data

View Neighborhood

Active Listings

183

Median Asking Price

$1.80M

Median $/Sqft

$1,626

Avg Days on Market

N/A

New This Week

18

Price Reduced

12%

Sold (30 Days)

27

Median Sale Price

$1.84M

Live data from RLS at REBNY • Updated 10/2/26, 4:58 PM EST

Similar Listings in Williamsburg

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Location

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550 Metropolitan Avenue #PHA, Williamsburg, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2020
Year Built
6 years old
6
Floors
9
Residential Units
R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $1,617,302
Land Value: $108,003
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 3,000 SF
Building Area: 10,102 SF
Built FAR: 3.37
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 $1,422 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $23,688, or roughly $1,974 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 3 full bathrooms.

The listed interior living area is 1,648 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2021, making it approximately 5 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.

Pet policy requires confirmation with Milton Coste.

At the current list price of $2,250,000 for 1,648 sq ft, the asking price per square foot is approximately $1,365. 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: RLS20049642
First Listed: 9/18/2025
On Market: 10/2/2026
Contract Date: 5/19/2025

Listing Courtesy of Sothebys International Realty - Kristi Ambrosetti

Listing Contact: (917) 763-8504

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 10/2/2026 at 8:58 PM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Williamsburg Market Update

27 sales last 30 days · $1.80M median · 6.8 months supply

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New listings in this neighborhood

Quick Facts

Status Active Type Condo Neighborhood Williamsburg Borough Brooklyn
County Kings
Floor 5 of 6
Year Built 2021
First Listed 9/18/2025
Living Area 1,648 sqft
Common Charges $1,422/mo
Annual Tax $23,688

Monthly Costs Estimate

Down Payment 20%

$450,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $1,422
Est. Taxes $1,974
Total Monthly $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

$28,125

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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