$1,985,000
SOLD MAR 26, 2025
2 Beds
2 Baths
1,181 Sq Ft
$1,600/mo HOA Fee

Recently Sold

$1,681 Per Sq Ft

1% Below List Price

73 Days on Market

Highlights

  • Wood Flooring
  • Double Vanity
  • Garage
  • P.S. 9 The Sarah Smith Garnet School Rated A
  • Central Air
  • 4-minute walk to Lowry Triangle

About This Home

As of March 2025

Welcome to a stunning two-bedroom, two-bathroom home at the highly desirable 550 Vanderbilt in Prospect Heights. Bathed in natural light, this residence features soaring 10-foot ceilings and breathtaking views of the Manhattan skyline from every room.The home boasts the best split two-bedroom layout in the building. The spacious living area includes a modern, open-concept kitchen equipped with top-of-the-line Miele appliances, Carrara marble countertops, custom cabinetry, and a custom island.The king-sized primary bedroom is a serene retreat, complete with a massive walk-in closet, Manhattan views, and a luxurious ensuite bathroom. The bathroom features a floating walnut double vanity with a marble countertop, an oversized walk-in shower, and a large linen closet.The second bedroom is generously sized, offering two large reach-in closets and, of course, the stunning Manhattan views.550 Vanderbilt offers an array of amenities, including a 24-hour concierge and doorman, a state-of-the-art fitness center, a residents' lounge, a library, a children's playroom, and a stunning rooftop terrace with a grill. Additionally, there is a brand new parking garage just half a block away.Located in the heart of Prospect Heights, this home is within walking distance of the Brooklyn Museum, the Brooklyn Botanic Garden, and Prospect Park. The nearby Atlantic/Barclays Center provides easy access to multiple subway lines and the Long Island Railroad. A plethora of acclaimed restaurants, cafes, and shops are just steps away.Experience luxury living at its finest in this exceptional home. Schedule a viewing today to see it for yourself!***Storage available for purchase***

Last Agent to Sell the Property

Ivy Kramp

Compass License #10301208562 Listed on: 12/01/2024

Compass

Co-Listed By

Jenna Amicucci DeChristopher

Compass License #10301209849

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $516

Year Built

  • Built in 2017

Lot Details

  • North Facing Home

HOA Fees

  • $1,600 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 16th floor

Interior Spaces

  • 1,181 Sq Ft Home
  • Wood Flooring
  • Dishwasher
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 1244 / 01129

Community Details

Overview

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

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$516

Year Built

Built in 2017

Lot Details

0

HOA Fees

$1,600 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • Entry Level: 16
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Interior Features: Double Vanity
  • Appliances: Dishwasher
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1181.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • View: No
  • Exterior Features: Private Outdoor Space Under 60 Sqft

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Garage

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common On Floor, Common Area, In Unit
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1600.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0.000000x0.000000

Building Info

  • New Construction: No
  • Units: 278
  • Total Stories: 17
  • Year Built: 2017

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01129
  • Tax Lot: 1244
  • Tax Annual: 516.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2024
Closed on
Mar 26, 2025
Sold by
Liu Jeffrey
Bought by
Gernegross Claudia Sabine and Parthasarathy Anirudh Gomadam
Seller's Agent
Ivy Kramp
Compass
List Price
$1,995,000
Sold Price
$1,985,000
Premium/Discount to List
-$10,000
-0.5%
Views
12
Current Estimated Value
$1,989,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,637
Avg. Annual Appreciation
0.42%
Original Mortgage
$1,488,750
Outstanding Balance
$1,482,418
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$507,219

Purchase Details

Listed on
Dec 7, 2018
Closed on
Mar 15, 2019
Sold by
Pacific Park 550 Vanderbilt Llc and % : Greenland Forest City Partners
Bought by
Liu Jeffrey
List Price
$1,650,000
Sold Price
$1,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$1,162,588
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2018
Sold by
Atlantic Yards Venture Llc
Bought by
Fc Atlantic Yards Llc and Greenland Atlantic Yards Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $1,985,000 --
Deed $1,550,119 --
Deed $119,670,000 --
Deed $119,670,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,488,750 Purchase Money Mortgage
Previous Owner $1,162,588 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2025 03/26/25 Sold $1,985,000 -0.5% $1,681 / Sq Ft
02/12/2025 02/12/25 Pending -- -- --
01/01/2025 01/01/25 For Sale $1,995,000 0.0% $1,689 / Sq Ft
12/25/2024 12/25/24 Off Market $1,995,000 -- --
12/01/2024 12/01/24 For Sale $1,995,000 +20.9% $1,689 / Sq Ft
03/15/2019 03/15/19 Sold $1,650,000 0.0% $1,397 / Sq Ft View Prior Sale
12/18/2018 12/18/18 Pending -- -- --
12/07/2018 12/07/18 For Sale $1,650,000 -- $1,397 / Sq Ft
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 $521 $151,059 $6,186 $144,873
2024 $521 $142,134 $6,186 $135,948
2023 $512 $135,519 $6,186 $129,333
2022 $510 $131,439 $6,185 $125,254
2021 $512 $112,264 $6,185 $106,079
2020 $252 $126,655 $6,185 $120,470
2019 $526 $122,270 $6,185 $116,085
2018 $530 $110,998 $6,185 $104,813
2017 $7,470 $60,741 $6,185 $54,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11023233

Real Estate Board of New York (REBNY)

APN: 01129-1244