SOLD FOR $998,000
· Sold at asking price · Closed September 17, 2026
$998,000
$1,545 per sq ft
550 Vanderbilt Avenue #720
MLS® #RLS20094560
Listing by Jade Stone Real Estate Consulting Inc
1
Bedroom
1
Bath
646
Sq. Ft.
2017
Year Built
Sale Details
Property Summary
Description
Luxury Brooklyn Living Redefined: Unparalleled Value & Timeless Design Residence 720, a bright West-facing 1BR at 550 Vanderbilt presents a rare opportunity to own a luxury condominium in the heart of Prospect Heights. Perfectly suited as a primary residence, a sophisticated pied--terre, or a high-yield investment property, this beautiful home delivers an unmatched combination of low carrying costs, premier amenities, and a prime Brooklyn location. Unbeatable Financials 421-A Tax Abatement: In place until 2043, shielding the asset from immediate full-market real estate tax exposure. Currently at an astonishingly low $24. Low Carrying Costs: Combined with reasonable common charges, the total monthly cost of ownership is just $1.42/sf, making this one of the smartest, most cost-effective buys in Brooklyn today. The Residence Bathed in natural light with peaceful courtyard views, this beautifully designed home features soaring 10-foot ceilings, rich chestnut hardwood floors, and expansive double-paned windows with a bright western exposure. Chefs Kitchen: Sleek marble countertops, abundant cabinetry and pantry storage, and a full suite of premium Miele appliances, including a gas cooktop with externally vented range hood for true chef-level performance. Bedroom & Bath: The spacious bedroom offers a large walk-in closet, while the spa-like bathroom features elegant Carrara marble finishes and a custom walnut vanity. Convenience: An in-unit washer and dryer completes this thoughtfully appointed home. The Building & Amenities Designed by the acclaimed architecture firm COOKFOX, 550 Vanderbilt offers over 10,000 square feet of world-class, luxury amenities: 24-hour attended lobby & concierge Library, lounge, and private dining room with catering kitchen Landscaped rooftop terrace with communal gardens, grills, and outdoor dining State-of-the-art fitness center curated by The Wright Fit, featuring Peloton bikes and private studios Childrens playroom The Neighborhood Perfectly positioned at the intersection of Prospect Heights and Pacific Park, residents enjoy immediate access to local green spaces, Barclays Center, and some of Brooklyns finest dining and shopping. Commuting is seamless, with the B, Q, C, 2, and 3 subway lines just moments away. Contact us today to schedule your private showing. PS. Pics from the unit one floor below at identical size, layout and exposure.
Property Details
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Listing courtesy of Anne Huiwen Chang at Jade Stone Real Estate Consulting Inc. 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. This 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.