550 Vanderbilt 550 Vanderbilt Ave Unit 1508 Brooklyn, NY 11238
Prospect Heights NeighborhoodEstimated payment $15,966/month
Total Views
3,130
2
Beds
2.5
Baths
1,502
Sq Ft
$1,664
Price per Sq Ft
Highlights
- Wood Flooring
- High Ceiling
- Central Air
- P.S. 9 The Sarah Smith Garnet School Rated A
- Kitchen Island
- 4-minute walk to Lowry Triangle
About This Home
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
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $660
Year Built
- Built in 2017
HOA Fees
- $2,104 Monthly HOA Fees
Parking
- Garage
Interior Spaces
- 1,502 Sq Ft Home
- High Ceiling
- Wood Flooring
- Kitchen Island
- Laundry in unit
Bedrooms and Bathrooms
- 2 Bedrooms
Utilities
- Central Air
- No Heating
Listing and Financial Details
- Legal Lot and Block 1258 / 01129
Community Details
Overview
- 278 Units
- High-Rise Condominium
- Prospect Heights Subdivision
- 17-Story Property
Amenities
- Laundry Facilities
Map
About 550 Vanderbilt
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Home Values in the Area
Average Home Value in this Area
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 | $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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | For Sale | $2,500,000 | 0.0% | $1,664 / Sq Ft |
| 08/04/2025 08/04/25 | Off Market | $2,500,000 | -- | -- |
| 07/28/2025 07/28/25 | For Sale | $2,500,000 | 0.0% | $1,664 / Sq Ft |
| 07/28/2025 07/28/25 | Off Market | $2,500,000 | -- | -- |
| 07/07/2025 07/07/25 | For Sale | $2,500,000 | 0.0% | $1,664 / Sq Ft |
| 07/07/2025 07/07/25 | Off Market | $2,500,000 | -- | -- |
| 06/30/2025 06/30/25 | For Sale | $2,500,000 | 0.0% | $1,664 / Sq Ft |
| 06/30/2025 06/30/25 | Off Market | $2,500,000 | -- | -- |
| 04/11/2025 04/11/25 | For Sale | $2,500,000 | +19.0% | $1,664 / Sq Ft |
| 07/30/2021 07/30/21 | Sold | $2,100,000 | 0.0% | $1,398 / Sq Ft |
| 06/15/2018 06/15/18 | For Sale | $2,100,000 | -- | $1,398 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,100,000 | -- | |
| Deed | $119,670,000 | -- | |
| Deed | $119,670,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,680,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in the area
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20019211
APN: 01129-1258
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
RLS Data display by Homes.com LLC
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