$739,000

Estimated payment $4,606/month

Total Views 111
-- Bed
1 Bath
414 Sq Ft
$1,785 Price per Sq Ft

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

Anne Chang

Jade Stone Real Estate Consulting Inc License #10311203594 Listed on: 08/08/2025

Jade Stone Real Estate Consulting Inc

Co-Listing Agent

Chinmei Fan

Jade Stone Real Estate Consulting Inc License #10401315856

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$192

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$544 per month

Listing Details

  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • Entry Level: 2
  • Structure Type: None
  • Special Features: 4098
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Interior Features: High Ceilings, Storage
  • Appliances: Dryer, Dishwasher, Washer
  • Flooring: Hardwood
  • Living Area: 414.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: No
  • Exterior Features: Building Storage, Building Roof Deck, Private Outdoor Space Under 60 Sqft, Storage
  • Patio/Porch Features: Rooftop

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Inside, Common Area, In Unit
  • Green Building Features: Bike Storage, Common Playroom, Elevator(s), Health Club, Package Room, Storage
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 544.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Fee Information

  • Common Charge/Maintenance Fee Includes: Water

Building Info

  • New Construction: Yes
  • Year Built: 2017

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-08-10

Tax Info

  • Tax Block: 01129
  • Tax Lot: 0000
  • Tax Annual: 192.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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
Source: Public Records

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 -- --
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed $527,850 --
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20041854

Real Estate Board of New York (REBNY)

APN: 01129-1019