NOT LISTED FOR SALE

550 Vanderbilt 550 Vanderbilt Ave Unit 1508 Floor 15 Brooklyn, NY 11238

Prospect Heights Neighborhood

Estimated Value: $2,178,000 - $2,391,000

2 Beds
2.5 Baths
1,502 Sq Ft
2017 Built

Sale Details

Date Sold: December 18, 2025

Last sale price $2,350,000 $1,565 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $14,569 / mo

33 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Walk-In Closet
  • P.S. 9 The Sarah Smith Garnet School Rated A
  • Elevator
  • 4-minute walk to Lowry Triangle

About This Home

As of December 2025

25 Year Tax Abatement with 19 years remaining!! Welcome home to residence 1508, one of the largest 2-bedroom, 2.5 bath homes at 550 Vanderbilt spanning over 1500sf. This massive corner apartment has northwestern exposure and unobstructed stunning Manhattan skyline views from the oversized living room and primary bedroom. With 10 foot ceilings, 7 inch wide plank oak flooring, floor to ceiling windows and an excellent split 2-bedroom layout, this one is not to be missed! The chef's kitchen features all Miele appliances, custom grey lacquer and black cabinets, Carrara marble countertops and an oversized island. The hood that vents out of the building and the deep sink features a garbage disposal for added functionality. Custom bench sitting and a custom dining table fit perfectly and maximize the living room space. The primary king-sized bedroom features north exposure with city views, a custom walk-in closet with lighting and a spa-like marble clad ensuite bathroom with custom walnut double vanity, a huge mirrored medicine cabinet, walk-in shower and linen closet. The second bedroom is nearly as large as the primary and also has a walk-in closet and an ensuite bathroom with handmade tile from Spain and a deep soaking tub. Off the entryway, you will find an elegant marble clad powder room for guests, an oversized coat closet and a large side-by-side vented washer and dryer. A large storage unit is also included in this purchase of this unit. Situated in Pacific Park Brooklyn, a groundbreaking 22-acre development by Frank Gehry in Prospect Heights and designed by COOKFOX, 550 Vanderbilt provides rare access to 350,000 square feet of green space with various outdoor facilities. Residents enjoy 10,000 square feet of top-tier amenities, including 24-hour door service, a McNally Jackson library, a Wright Fit gym, resident lounge with catering kitchen, playroom, pet spa, and a rooftop terrace with grills, gardens and city views. With its 25-year tax abatement, the exceptionally low real estate taxes at this 550 Vanderbilt residence are a major draw and offer a significant financial advantage to the savvy buyer with a discerning eye. Don't miss this special unit which rarely comes on the market! *Some photos are virtually staged

Last Agent to Sell the Property

Ivy Kramp

Compass License #10301208562 Listed on: 09/16/2025

Compass

Co-Listed By

Jenna Amicucci DeChristopher

Compass License #10301209849

Last Buyer's Agent

Carl Gambino

Compass License #10401208296

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $660

Year Built

  • Built in 2017

HOA Fees

  • $2,104 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 15th floor

Interior Spaces

  • 1,502 Sq Ft Home
  • High Ceiling
  • Wood Flooring
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 1258 / 01129

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$660

Year Built

Built in 2017

Lot Details

0 Sq Ft Lot

HOA Fees

$2,104 per month

Listing Details

  • Exposures: North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • Entry Level: 15
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Interior Features: High Ceilings, Kitchen Island, Walk-In Closet(s)
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1502.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • View: No

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
  • Green Building Features: Elevator(s)
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2104.0
  • 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: 1258
  • Tax Annual: 660.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2025
Closed on
Dec 18, 2025
Sold by
Bought by
Seller's Agent
Ivy Kramp
Compass
Buyer's Agent
Carl Gambino
Compass
List Price
$2,395,000
Sold Price
$2,350,000
Premium/Discount to List
-$45,000
-1.88%
Views
10
Current Estimated Value
$2,310,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,025
Avg. Annual Appreciation
-3.29%
Original Mortgage
$374,925
Outstanding Balance
$373,488
Interest Rate
6.24%
Mortgage Type
New Conventional
Estimated Equity
$1,937,487

Purchase Details

Listed on
Oct 1, 2019
Closed on
Aug 30, 2021
Sold by
Bought by
List Price
$2,100,000
Sold Price
$2,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%
Original Mortgage
$1,680,000
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2018
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,350,000 Judicial Title
$2,100,000 --
$119,670,000 --
$119,670,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $374,925
Previous Owner $1,680,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2025 12/18/25 Sold $2,350,000 -1.9% $1,565 / Sq Ft
10/20/2025 10/20/25 Pending -- -- --
09/16/2025 09/16/25 For Sale $2,395,000 +14.0% $1,595 / Sq Ft
07/30/2021 07/30/21 Sold $2,100,000 0.0% $1,398 / Sq Ft View Prior Sale
06/15/2018 06/15/18 For Sale $2,100,000 -- $1,398 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $663 $223,336 $7,862 $215,474
2025 $663 $192,000 $7,862 $184,138
2024 $663 $180,656 $7,862 $172,794
2023 $650 $172,248 $7,862 $164,386
2022 $649 $167,065 $7,862 $159,203
2021 $153 $142,693 $7,862 $134,831
2020 $485 $160,983 $7,862 $153,121
2019 $663 $155,409 $7,862 $147,547
2018 $674 $141,083 $7,862 $133,221
2017 $9,495 $77,205 $7,862 $69,343
Source: Public Records

Agents Affiliated with this Home

  • Ivy Kramp

    Seller's Agent in 2025

    Ivy Kramp

    Compass

    (646) 645-5186

    4 in this area

    67 Total Sales

    Ivy Kramp
    Section Image
  • Carl Gambino

    Buyer's Agent in 2025

    Carl Gambino

    Compass

    (646) 465-1766

    3 in this area

    320 Total Sales

    Carl Gambino
    Section Image
  • Jennifer Alese

    Seller Co-Listing Agent in 2021

    Jennifer Alese

    Serhant

    (631) 219-4922

    5 in this area

    72 Total Sales

    Jennifer Alese
    Section Image
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About 550 Vanderbilt

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20049014

Real Estate Board of New York (REBNY)

APN: 01129-1258

New York Kings County Brooklyn 11238 Prospect Heights

550 Vanderbilt Ave Unit 1508, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) 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.

RLS Data display by Homes.com LLC

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