550 Vanderbilt 550 Vanderbilt Ave Unit 720 Floor 6 Brooklyn, NY 11238
Prospect Heights NeighborhoodEstimated payment $6,327/month
Highlights
- Health Club
- Built in 2017 | 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
Luxury Brooklyn Living Redefined: Unparalleled Value & Timeless Design
Residence 720, a bright West-facing 1BR at 550 Vanderbilt presents a rare opportunity to own a luxury condominium in the heart of Prospect Heights. Perfectly suited as a primary residence, a sophisticated pied--terre, or a high-yield investment property, this beautiful home delivers an unmatched combination of low carrying costs, premier amenities, and a prime Brooklyn location.
Unbeatable Financials
421-A Tax Abatement: In place until 2043, shielding the asset from immediate full-market real estate tax exposure. Currently at an astonishingly low $24.
Low Carrying Costs: Combined with reasonable common charges, the total monthly cost of ownership is just $1.42/sf, making this one of the smartest, most cost-effective buys in Brooklyn today.
The Residence
Bathed in natural light with peaceful courtyard views, this beautifully designed home features soaring 10-foot ceilings, rich chestnut hardwood floors, and expansive double-paned windows with a bright western exposure.
Chefs Kitchen: Sleek marble countertops, abundant cabinetry and pantry storage, and a full suite of premium Miele appliances, including a gas cooktop with externally vented range hood for true chef-level performance.
Bedroom & Bath: The spacious bedroom offers a large walk-in closet, while the spa-like bathroom features elegant Carrara marble finishes and a custom walnut vanity.
Convenience: An in-unit washer and dryer completes this thoughtfully appointed home.
The Building & Amenities
Designed by the acclaimed architecture firm COOKFOX, 550 Vanderbilt offers over 10,000 square feet of world-class, luxury amenities:
24-hour attended lobby & concierge
Library, lounge, and private dining room with catering kitchen
Landscaped rooftop terrace with communal gardens, grills, and outdoor dining
State-of-the-art fitness center curated by The Wright Fit, featuring Peloton bikes and private studios
Childrens playroom
The Neighborhood
Perfectly positioned at the intersection of Prospect Heights and Pacific Park, residents enjoy immediate access to local green spaces, Barclays Center, and some of Brooklyns finest dining and shopping. Commuting is seamless, with the B, Q, C, 2, and 3 subway lines just moments away.
Contact us today to schedule your private showing.
PS. Pics from the unit one floor below at identical size, layout and exposure.
Listing Agent
Jade Stone Real Estate Consulting Inc License #10311203594 Listed on: 05/31/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $288
Year Built
- Built in 2017 | Newly Remodeled
HOA Fees
- $892 Monthly HOA Fees
Parking
- Garage
Home Design
- Entry on the 6th floor
Interior Spaces
- 646 Sq Ft Home
- High Ceiling
- Storage
- Wood Flooring
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Additional Features
- Outdoor Storage
- West Facing Home
- Central Heating and Cooling System
Listing and Financial Details
- Property Available on 5/31/26
- Legal Lot and Block 7501 / 01129
Community Details
Overview
- Prospect Heights Subdivision
Amenities
- Rooftop Deck
- Children's Playroom
- Laundry Facilities
- Elevator
- Package Room
- Bike Room
- Community Storage Space
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 |
|---|---|---|---|---|
| 2026 | $285 | $96,097 | $3,383 | $92,714 |
| 2025 | $285 | $82,613 | $3,383 | $79,230 |
| 2024 | $285 | $77,732 | $3,383 | $74,349 |
| 2023 | $280 | $74,114 | $3,383 | $70,731 |
| 2022 | $279 | $71,884 | $3,383 | $68,501 |
| 2021 | $280 | $61,397 | $3,383 | $58,014 |
| 2019 | $285 | $66,869 | $3,383 | $63,486 |
| 2018 | $290 | $60,705 | $3,383 | $57,322 |
| 2017 | $4,086 | $33,219 | $3,382 | $29,837 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/31/2026 05/31/26 | For Sale | $998,000 | -- | $1,545 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $862,155 | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $516,000 | New Conventional |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20094560
APN: 01129-1160
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Ask me questions while you tour the home.