NOT LISTED FOR SALE

Estimated Value: $1,036,000 - $1,223,927

1 Bed
1 Bath
781 Sq Ft
0.4 Acre Lot

Sale Details

Date Sold: November 30, 2022

Last sale price $1,030,000 $1,319 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,032 / mo

184 Days on Market

Highlights

  • Built in 2017 | Newly Remodeled
  • Rooftop Deck
  • Central Air
  • P.S. 9 The Sarah Smith Garnet School Rated A
  • Garden
  • 4-minute walk to Lowry Triangle

About This Home

As of November 2022

Can come with or without tenant in place. Largest One Bedroom in 550 Vanderbilt, a full-service luxury condo building in the heart of Prospect Heights, Brooklyn. The building has 25-year 421A Tax abatement in place till 2040. With an existing tenant in place, this unit could be the best choice for either your own home or investment property. This bright and spacious one bedroom has the 11-foot ceilings ceiling with large, over-sized windows. Modern kitchen has marble countertops, gray lacquer cabinets offering plenty of storage, and Miele appliance package, including a vented cooktop hood. Luxurious bathroom with double sinks and a Bosh washer/dryer closet. Plus, a spacious walk-in closet in bedroom. Next to Pacific Park's 8-acres of open space, residents will enjoy over 10,000 square feet of amenities, including a 24/7 concierge, a library, a fitness center featuring Peloton Bikes, lounge with catering kitchen & private dining room, children's playroom, pet grooming station, and a rooftop terrace with communal gardens, gas grills and breathtaking city views. Easily walk to major subway lines (C, 2,3, B,Q), Barclay Center, and LIRR at Atlantic Terminal.

Last Agent to Sell the Property

Li Chun Kuo

Corcoran Group License #10401202002 Listed on: 09/25/2021

Corcoran Group

Co-Listed By

Cheng Liu

Find Properties License #10401250451

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $336

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • North Facing Home
  • Garden

HOA Fees

  • $956 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 781 Sq Ft Home
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Utilities

  • Central Air

Listing and Financial Details

  • Tax Block 01129

Community Details

Overview

  • 278 Units
  • Prospect Heights Subdivision
  • 18-Story Property

Amenities

  • Rooftop Deck
  • Community Garden

Property Details

Home Type

Condominium

Est. Annual Taxes

$336

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0.4 Acres

HOA Fees

$956 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • Entry Level: 3
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 781.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Building Garden, Building Roof Deck, Garden

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 956.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Area: 17600.0
  • Lot Size Dimensions: 210.83 x 60.0

Building Info

  • New Construction: Yes
  • Units: 278
  • Total Stories: 18
  • Year Built: 2017

Tax Info

  • Tax Block: 01129
  • Tax Annual: 336.0

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

Closed on
May 18, 2022
Sold by
Bought by
Current Estimated Value
$1,126,232

Purchase Details

Closed on
Nov 9, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,000
Interest Rate
3.88%
Mortgage Type
New Conventional
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
$1,030,000 --
$916,800 --
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
Previous Owner $458,000
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
11/30/2022 11/30/22 Sold $1,030,000 -10.4% $1,319 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $1,150,000 +11.7% $1,472 / Sq Ft
03/13/2022 03/13/22 Off Market $1,030,000 -- --
09/25/2021 09/25/21 For Sale $1,150,000 -- $1,472 / 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 $345 $116,212 $4,091 $112,121
2025 $345 $99,907 $4,091 $95,816
2024 $345 $94,004 $4,091 $89,913
2023 $338 $89,629 $4,091 $85,538
2022 $337 $86,932 $4,091 $82,841
2021 $338 $74,250 $4,091 $70,159
2019 $348 $80,867 $4,091 $76,776
2018 $351 $73,412 $4,091 $69,321
2017 $4,941 $40,173 $4,091 $36,082
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10851683

Real Estate Board of New York (REBNY)

APN: 01129-1032

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