NOT LISTED FOR SALE

Estimated Value: $775,077

Studio
1 Bath
450 Sq Ft
2017 Built

Sale Details

Date Sold: August 19, 2023

Last sale price $660,000 $1,467 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,391 / mo

Highlights

  • Wood Flooring
  • High Ceiling
  • No HOA
  • P.S. 9 The Sarah Smith Garnet School Rated A
  • Terrace
  • 4-minute walk to Lowry Triangle

About This Home

As of October 2024

Make this beautiful, designer studio your home! This loft-like apartment features over 10 foot ceilings, and a huge picture window providing eastern and southern light and peaceful views. The stylish living space, with wide plank white-washed oak floors, is ample and can accommodate sleeping, living and work areas. The kitchen is a work of art with custom lacquer cabinets, carrara marble counters and backsplash, walnut accents, and fully-integrated Miele appliances. The oversized bathroom offers a sleek walnut vanity, carrara marble floor and white subway tiles. A washer/ dryer and central climate control system round out the unit. 550 Vanderbilt is the first residential building in the Frank Gehry designed 22-acre Pacific Park Brooklyn. This impressive building is rated silver LEED and residents have access to world- class amenities including: White-glove, 24 hour door service, a library by McNally Jackson, a gym by The Wright Fit, lounge with catering kitchen, children’s playroom, pet grooming station, and a rooftop terrace with communal gardens and incredible views. All this in thriving Prospect Heights near great restaurants, shops and transportation. Don’t miss this amazing opportunity!

Last Agent to Rent the Property

Karen Lind

Compass License #10301220671 Listed on: 08/19/2024

Compass

Last Renter's Agent

Karen Lind

Compass License #10301220671 Listed on: 08/19/2024

Compass

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2017

Lot Details

  • North Facing Home
  • Garden

Parking

  • Garage

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1 Full Bathroom
  • 450 Sq Ft Home
  • High Ceiling
  • Wood Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Courtyard
  • Terrace
  • Outdoor Grill

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Property Available on 10/1/24
  • Tax Block 01129

Community Details

Overview

  • No Home Owners Association
  • 278 Units
  • Prospect Heights Subdivision
  • 17-Story Property

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Year Built

Built in 2017

Lot Details

0 Sq Ft Lot

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2024-10-01

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Prospect Heights
  • Entry Level: 4
  • Structure Type: Multi Family
  • CustomProperty: { "WeeklyRate": null, "OffMarketDate": "2024-10-02", "LivingAreaRange": null, "GuestHouseYN": null, "Lang2_Type": null, "AboveGradeUnfinishedAreaRange": null, "GuestHouseAreaTotalUnits": null, "PrivateShowingInstructions": null, "NumberOfBoatSlips": null, "LotSizeRangeUnits": null, "LakeId": null, "BuildingAreaTotalRange": null, "HumanModifiedYN": false, "MineralRights": null, "LotSizeRangeSource": null, "Permission": null, "Membership": null, "ModificationTimestamp": "2026-05-15T03:57:43.160-00:00", "Restrictions": null, "BoatDockSlipFeatures": null, "OffersReviewDate": null, "AdditionalFeeFrequency": null, "PotentialShortSale": null, "TitleCompanyPhone": null, "LeaseAmountPerAreaUnit": null, "AssociationFeeTotal": null, "PropertyAccess": null, "AdditionalFee": null, "LakeSize": null, "LivingAreaRangeHigh": null, "LotSizeAreaRangeLow": null, "GarageArea": null, "BelowGradeFinishedAreaRange": null, "BuildingAreaTotalRangeSource": null, "GarageAreaUnits": null, "AdditionalFeeYN": false, "LakeChainName": null, "BelowGradeFinishedAreaRangeUnits": null, "DevelopmentName": null, "TaxAuthority": null, "ProjectName": null, "WaterAccessYN": null, "AssociationFeeTotalFrequency": null, "ListOfficeMlsId": "7222", "GarageDimensions": null, "BelowGradeBedrooms": null, "MembershipRequiredYN": null, "AboveGradeBedrooms": null, "GulfAccessYN": null, "TaxAssessedValueImprovement": null, "AboveGradeUnfinishedAreaRangeSource": null, "OtherExpenseDescription": null, "MembershipFeeFrequency": null, "ListingKeyNumeric": 1092332694, "AdditionalInfo3": null, "BoatDockSlipDescription": null, "AdditionalInfo1": null, "PublicRemarks_lang2": null, "AdditionalInfo2": null, "PublicRemarks_lang3": null, "LastMonthRentReqYN": null, "AboveGradeUnfinishedAreaRangeUnits": null, "ListAOR": null, "ThirdPartyIntegrationType": null, "BuildingAreaTotalRangeUnits": null, "PricePerAreaUnit": null, "FractionalShare": null, "TitleCompanyName": null, "AboveGradeFinishedAreaRangeSource": null, "BelowGradeFinishedAreaRangeSource": null, "OriginatingSystemKey": "3319962", "GuestHouseAreaTotalSource": null, "LeaseTermsDescription": null, "PropertyType": "Residential Lease", "LivingAreaRangeUnits": null, "OriginatingSystemName": "RLS", "BelowGradeUnfinishedAreaRangeSource": null, "LandTenure": null, "OffSeasonRate": null, "Attic": null, "MembershipFee": null, "BoatDockAccommodates": null, "PropertySubTypeAdditional": "Apartment", "PricePerArea": null, "BoatDockYN": null, "BonusAmount": null, "GuestHouseAreaTotal": null, "ListingKey": "1092332694", "GuestHouseDescription": null, "SecurityDepositYN": null, "SourceSupplementPublicCount": null, "SaleOrLeaseIncludes": null, "AdditionalFeeDescription": "", "InternetEntireListingDisplayYN": true, "SeasonRate": null, "ComplexName": null, "StoriesPartial": null, "CustomFields": "{\n \"TaxAbatementComments\": \"421A\",\n \"ElevatorsTotal\": \"1\",\n \"TaxAbatementExpirationYear\": \"2040\",\n \"FlipTax\": \"0.00\",\n \"FurnishedMinLeaseMonths\": \"12\",\n \"BuildingTaxLot\": \"7501\",\n \"BuyerAgentRLSParticipantYN\": \"1\",\n \"FurnishedListPrice\": \"3350.00\",\n \"SponsorUnitYN\": \"0\",\n \"MaxLeaseMonths\": \"12\",\n \"TaxAbatementYN\": \"1\",\n \"FurnishedMaxLeaseMonths\": \"12\",\n \"AttendanceType\": \"DoormanPartTime\",\n \"BonusYN\": \"0\",\n \"ListingKey\": \"1092332694\"\n}", "BoatDockHeight": null, "AvailabilityType": null, "LakeName": null, "OriginatingSystemSubName": "RLS_REBNY", "RiverName": null, "BelowGradeUnfinishedAreaRangeUnits": null, "ListOfficeKey": "5658932", "TaxYearRange": null, "NumberOfBoatDocks": null, "LotSizeAreaRangeHigh": null, "TaxAssessedValueLand": null, "StandardStatus": "Closed", "GulfAccessType": null, "BoatSlipYN": null, "StormProtection": null, "LivingAreaRangeSource": null, "LeaseAmountPerArea": null, "TitleCompanyAddress": null, "MonthlyRate": null, "WaterAccessDescription": null, "SecurityDepositDescription": null, "TaxRate": null, "BelowGradeUnfinishedAreaRange": null, "MembershipDescription": null, "TitleCompanyPreferred": null, "AboveGradeFinishedAreaRangeUnits": null, "AboveGradeFinishedAreaRange": null, "LivingAreaRangeLow": null, "BuildingSizeDimensions": null, "PropertySubType": "Apartment", "UnitLocation": null, "ConsumerRemarks": null, "LotSizeRange": null, "OffersDescription": null, "Lang3_Type": null, "StoriesPartialTotal": null, "Location": null, "ListingId": null, "RentSpreeYN": null, "RentSpreeURL": null, "ApplicationFee": null, "CommunityDevelopmentDistrictYN": null, "SourceSystemKey": null }
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Interior Features: High Ceilings
  • Appliances: Dishwasher, Gas Cooktop, Gas Oven
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 450.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • Exterior Features: Barbecue, Courtyard, Garden
  • Patio/Porch Features: Terrace

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
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Association: No
  • 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

Tax Info

  • Tax Block: 01129
  • Tax Lot: 0000

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
Mar 7, 2023
Closed on
Jul 18, 2023
Sold by
Lee Jenny J and Lee Yun H
Bought by
Seller's Agent
Michael Chen
Bond New York Properties LLC
List Price
$725,000
Sold Price
$660,000
Premium/Discount to List
-$65,000
-8.97%
Views
61
Current Estimated Value
$775,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,077
Avg. Annual Appreciation
5.34%

Purchase Details

Listed on
Jul 8, 2019
Closed on
Oct 16, 2019
Sold by
Vr & Lt Llc
Bought by
Lee Jenny J and Lee Yun H
Seller's Agent
Michael Chen
Bond New York Properties LLC
List Price
$660,000
Sold Price
$630,000
Premium/Discount to List
-$30,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.22%
Original Mortgage
$472,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2017
Sold by
Pacific Park 550 Vanderbilt Llc and % Greenland Forest City Partners
Bought by
Vr & Lt Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Prospect Heights, NY

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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
$660,000 --
Lee Jenny J $630,000 --
Vr & Lt Llc $590,000 --
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
Previous Owner $472,000
Previous Owner Vr & Lt Llc $300,000
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
10/02/2024 10/02/24 Rented $3,350 0.0% --
08/29/2024 08/29/24 Under Contract -- -- --
08/19/2024 08/19/24 For Rent $3,350 +8.1% --
09/18/2023 09/18/23 Rented $3,100 0.0% --
08/19/2023 08/19/23 Sold $660,000 0.0% $1,483 / Sq Ft View Prior Sale
07/26/2023 07/26/23 For Rent $3,100 0.0% --
07/10/2023 07/10/23 Pending -- -- --
07/02/2023 07/02/23 Off Market $669,000 -- --
05/09/2023 05/09/23 Price Changed $669,000 -2.9% $1,503 / Sq Ft
04/05/2023 04/05/23 Price Changed $689,000 -5.0% $1,548 / Sq Ft
03/07/2023 03/07/23 For Sale $725,000 +15.1% $1,629 / Sq Ft
10/16/2019 10/16/19 Sold $630,000 -4.5% $1,400 / Sq Ft View Prior Sale
08/26/2019 08/26/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $660,000 -- $1,467 / 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 $196 $65,882 $2,319 $63,563
2025 $196 $56,638 $2,319 $54,319
2024 $196 $53,291 $2,319 $50,972
2023 $192 $50,811 $2,319 $48,492
2022 $192 $49,282 $2,319 $46,963
2021 $189 $42,093 $2,319 $39,774
2019 $196 $45,844 $2,319 $43,525
2018 $199 $41,618 $2,319 $39,299
2017 $2,801 $22,775 $2,319 $20,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11001615

Real Estate Board of New York (REBNY)

APN: 01129-1068

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