
550 Vanderbilt 550 Vanderbilt Ave Unit 212 Brooklyn, NY 11238
Prospect Heights NeighborhoodEstimated payment $4,606/month
Highlights
- Health Club
- Newly Remodeled
- Wood Flooring
- P.S. 9 The Sarah Smith Garnet School Rated A
- Rooftop Deck
- 4-minute walk to Lowry Triangle
About This Home
The Smartest Entry into Brooklyn's Premier Luxury Lifestyle: A Beautiful & Bright Studio with LOW monthly & Tax Abatement till 2043!
The Most Attainable lowest-priced Studio in 550 Vanderbilt
The 421a "Superpower": A transformative tax abatement is in place until 2043, offering nearly two decades of dramatically reduced property taxes.
Ultra-Low Carrying Costs
World-Class Amenity Package
Prime Prospect Heights Location
Unrivaled Transportation Hub
Prestigious Design Pedigree
Turnkey & Move-in Ready
Investment Grade Asset
Stop renting and start building equity for less. Or Place your investment in secured asset! ~ This is your rare opportunity to own a piece of 550 VanderbiltProspect Heights' most sought-after addresswith carrying costs lower than most new buildings.
Unit 212 is a bright and beautifully designed studio that offers more than just a home; it offers a financial superpower: a 421a tax abatement in place until 2043, reducing your monthly taxes to virtually zero.
Designed by the acclaimed COOKFOX Architects, this home is a testament to intelligent design. Oversized windows flood the space with natural light, highlighting the wide-plank oak floors. The chef's kitchen features fully integrated Miele appliances, while the spa-like bathroom boasts Carrara marble and a custom walnut vanity. An in-unit washer/dryer completes this perfect picture of convenience.
Your living space extends to over 10,000 sq. ft. of world-class amenities. Work from the McNally Jackson-curated library, entertain in the residents' lounge, or grill on the panoramic rooftop terrace. Stay active in The Wright Fit fitness center, complete with Peloton bikes and a yoga studio. With a 24/7 concierge, pet spa, and children's playroom, every need is anticipated.
Situated at the nexus of culture and convenience in #1 of America's "hottest neighborhoods in 2025" (Redfin), you are steps from the 8-acre Pacific Park, Barclays Center, Prospect Park, and a dozen subway lines. This is the epicenter of modern Brooklyn.
Priced to sell immediately. Do not miss the best value in 550 Vanderbilt. Contact us today for a private showing.
Open house is by appointment. Please email or text to schedule.
Listing Agent
Jade Stone Real Estate Consulting Inc License #10311203594 Listed on: 08/08/2025

Property Details
Home Type
- Condominium
Est. Annual Taxes
- $192
Year Built
- Built in 2017 | Newly Remodeled
HOA Fees
- $544 Monthly HOA Fees
Parking
- Garage
Interior Spaces
- 1 Full Bathroom
- 414 Sq Ft Home
- High Ceiling
- Storage
- Wood Flooring
- Dishwasher
Laundry
- Laundry in unit
- Dryer
- Washer
Additional Features
- Outdoor Storage
- East Facing Home
- Central Heating and Cooling System
Listing and Financial Details
- Property Available on 8/10/25
- Tax Block 01129
Community Details
Overview
- Association fees include water
- Prospect Heights Subdivision
Amenities
- Rooftop Deck
- Children's Playroom
- Laundry Facilities
- Package Room
- Bike Room
Recreation
- Health Club
Map
About 550 Vanderbilt
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 | $182 | $52,576 | $2,153 | $50,423 |
2024 | $182 | $49,469 | $2,153 | $47,316 |
2023 | $178 | $47,167 | $2,153 | $45,014 |
2022 | $178 | $45,747 | $2,153 | $43,594 |
2021 | $175 | $39,074 | $2,153 | $36,921 |
2020 | $180 | $44,082 | $2,153 | $41,929 |
2019 | $182 | $42,556 | $2,153 | $40,403 |
2018 | $185 | $38,633 | $2,153 | $36,480 |
2017 | $2,600 | $21,141 | $2,153 | $18,988 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/08/2025 08/08/25 | For Sale | $739,000 | 0.0% | $1,785 / Sq Ft |
07/19/2024 07/19/24 | Rented | $3,350 | 0.0% | -- |
06/27/2024 06/27/24 | Under Contract | -- | -- | -- |
05/31/2024 05/31/24 | For Rent | $3,350 | +39.6% | -- |
04/20/2022 04/20/22 | Off Market | $2,400 | -- | -- |
07/22/2020 07/22/20 | Rented | -- | -- | -- |
07/22/2020 07/22/20 | Rented | $2,400 | 0.0% | -- |
06/22/2020 06/22/20 | Under Contract | -- | -- | -- |
06/11/2020 06/11/20 | For Rent | $2,400 | +6.7% | -- |
07/26/2018 07/26/18 | Rented | -- | -- | -- |
06/26/2018 06/26/18 | Under Contract | -- | -- | -- |
06/05/2018 06/05/18 | For Rent | $2,250 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | -- | |
Deed | $527,850 | -- |
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Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20041854

APN: 01129-1019
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