$1,999,000
SOLD AUG 25, 2025
2 Beds
2 Baths
1,308 Sq Ft
$1,805/mo HOA Fee

Recently Sold

$1,528 Per Sq Ft

11% Below List Price

75 Days on Market

Highlights

  • Concierge
  • Built in 2016 | Newly Remodeled
  • City View
  • P.S. 9 The Sarah Smith Garnet School Rated A
  • Rooftop Deck
  • 4-minute walk to Lowry Triangle

About This Home

As of August 2025

Welcome to 550 Vanderbilt Avenue, unit 1101, where contemporary elegance meets urban luxury. This stunning corner 2-bedroom, 2-bathroom condo offers 1,308 SQF of a seamless blend of modern design and natural elements. With its 10-foot ceilings and a palette of organic textures, including grey lacquer cabinetry and lime-washed walnut accents, this home is a masterpiece of sophistication.

As you step into the sprawling living space, you will be bathed in sunlight from panoramic windows framing breathtaking views of the Manhattan skyline, Empire State Building, and the historic charm of Brooklyn. Witness the changing seasons and the unfolding story of Brooklyn from the comfort of your own home.

The kitchen is a culinary enthusiast's dream, featuring white Carrara marble countertops and backsplash, complemented by fully integrated Miele appliances and an oversized picture window.

Off the kitchen, step into the realm of opulence as you discover not one, but two, walk-in closets. Two customized walk-in closets provide ample storage, and a separate storage unit is included with the purchase of this condo. The unit also features full sized washer and dryer and central climate control system for year-round comfort.

This luxurious residence boasts two king-size bedrooms, each offering breathtaking city views that come alive both day and night. The primary bedroom unveils a thoughtfully designed walk-in closet, offering abundant space to neatly organize your essentials. Additionally, a second walk-in closet, conveniently located off the entry foyer, provides an elegant storage solution.

Designed by the acclaimed architecture firm COOKFOX, this building seamlessly connects its residents to the natural world, promoting creativity, clarity of thought, and overall well-being. Chamfered precast and flowering planters surround expansive windows, while the interiors showcase the elegance of white Carrara marble and wood flooring. The building proudly boasts a Silver LEED rating, exemplifying its commitment to resource efficiency and resident well-being.

550 Vanderbilt Avenue offers more than just a residence; it offers a lifestyle. The building provides 10,000 square feet of amenities, including 24-hour door service, a library by McNally Jackson, a fitness center by The Wright Fit, a lounge with a catering kitchen, a playroom and a rooftop terrace with communal gardens. Residents also benefit from a 421A tax Abatement in place until 2042 and from a newly opened Pacific Park which features a playground and dog run as well as Chelsea Piers.

This vibrant neighborhood of Prospect Heights is serviced by all the major Subway lines making your commute easy no matter where you are headed. Brooklyn's finest cultural institutions, including the Brooklyn Botanic Garden, Brooklyn Museum and Prospect Park call this historic neighborhood home. Prospect Heights is an easy place to immerse yourself in rich cultural history, enjoy delectable Michelin rated cuisine, entertainment, and retail offerings that define this unique neighborhood.

Last Agent to Sell the Property

Janely Amarante

Corcoran Group License #10401295843 Listed on: 03/26/2025

Corcoran Group

Co-Listed By

Summer Spears

Corcoran Group License #10401274087

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2016 | Newly Remodeled

HOA Fees

  • $1,805 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 11th floor

Interior Spaces

  • 1,308 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Utilities

  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1207 / 01824

Community Details

Overview

  • 278 Units
  • High-Rise Condominium
  • 550 Vanderbilt Condos
  • Prospect Heights Subdivision
  • 17-Story Property

Amenities

  • Concierge
  • Rooftop Deck
  • Children's Playroom
  • Community Storage Space

Property Details

Home Type

Condominium

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$1,805 per month

Listing Details

  • Exposures: East,North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • Entry Level: 11
  • Structure Type: High Rise
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Interior Features: Dining Area
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1308.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck, None, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building None, Washer Hookup, In Unit
  • Green Building Features: Common Playroom, Concierge, Kitchen Facilities, Storage
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1805.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: Yes
  • Building Name: 550 Vanderbilt
  • Units: 278
  • Total Stories: 17
  • Year Built: 2016

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01824
  • Tax Lot: 1207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2025
Closed on
Aug 25, 2025
Sold by
Mark As Trustee Steven and The Jessica Mark Gst Exempt Trust Ua 10/
Bought by
Kim Arim and Rosen Oded
Seller's Agent
Janely Amarante
Corcoran Group
List Price
$2,250,000
Sold Price
$1,999,000
Premium/Discount to List
-$251,000
-11.16%
Views
9
Current Estimated Value
$1,978,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,053
Avg. Annual Appreciation
-2.76%
Original Mortgage
$899,000
Outstanding Balance
$897,445
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,081,502

Purchase Details

Listed on
Jul 21, 2017
Closed on
May 31, 2018
Sold by
Pacific Park 550 Vanderbilt Llc and % : Greenland Forest City Partners
Bought by
Mark As Trustee Steven and The Jessica Mark Gst Exempt Trust Ua Oct
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,999,000 --
Deed $1,861,244 --
Deed $1,861,244 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $899,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2025 08/25/25 Sold $1,999,000 -7.9% $1,528 / Sq Ft
06/09/2025 06/09/25 Pending -- -- --
04/23/2025 04/23/25 Price Changed $2,170,000 -3.6% $1,659 / Sq Ft
03/26/2025 03/26/25 For Sale $2,250,000 -- $1,720 / Sq Ft
06/04/2018 06/04/18 Sold -- -- -- View Prior Sale
03/27/2018 03/27/18 Pending -- -- --
07/21/2017 07/21/17 For Sale -- -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $577 $167,171 $6,845 $160,326
2024 $577 $157,294 $6,845 $150,449
2023 $577 $149,973 $6,845 $143,128
2022 $165 $145,460 $6,845 $138,615
2021 $1,132 $124,240 $6,845 $117,395
2020 $576 $140,164 $6,845 $133,319
2019 $576 $135,311 $6,845 $128,466
2018 $587 $122,838 $6,845 $115,993
2017 $8,266 $67,221 $6,845 $60,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20011946

Real Estate Board of New York (REBNY)

APN: 01129-1207