$998,000

Estimated payment $6,327/month

1 Bed
1 Bath
646 Sq Ft
$1,545 Price per Sq Ft

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

Anne Chang

Jade Stone Real Estate Consulting Inc License #10311203594 Listed on: 05/31/2026

Jade Stone Real Estate Consulting Inc

Co-Listing Agent

Chinmei Fan

Jade Stone Real Estate Consulting Inc License #10301223178

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$288

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$892 per month

Listing Details

  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • Entry Level: 6
  • Structure Type: None
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Interior Features: High Ceilings, Storage
  • Appliances: Dryer, Dishwasher, Washer
  • Flooring: Hardwood
  • Living Area: 646.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 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: 892.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: Yes
  • Year Built: 2017

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2026-05-31

Tax Info

  • Tax Block: 01129
  • Tax Lot: 7501
  • Tax Annual: 288.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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

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
Source: Public Records

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
Source: Real Estate Board of New York (REBNY)

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 --
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 Loan Amount Loan Type
Open $516,000 New Conventional
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20094560

Real Estate Board of New York (REBNY)

APN: 01129-1160

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