SOLD FOR $1,150,000
Listed at $1,200,000 · Sold 4.2% below asking · Closed April 11, 2023
550 Vanderbilt Avenue #623
MLS® #RLS10840670
Listing by Spire Group Inc.
1
Bedroom
1
Bath
847
Sq. Ft.
N/A
Year Built
Quick Summary
Property Highlights
- Outdoor Space: Building Patio, Building Terrace
- Climate Control: Central Air
- Parking: Private garage
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Feb 21, 2023 | $1,200,000 | - |
| Currently | May 18, 2026 | $1,200,000 | - |
Description
- 25-year 421A Tax abatement in place!! One of the last tax abatement buildings in NYC;
- 847 sq ft: One of the largest 1 BRs with the best layout in this building;
- Beautiful sunny unit with East & South facing, large corner windows, a big walk-in closet, Washer / Dryer in Unit and Miele appliances;
- A luxury full-service condo building in the heart of Prospect Heights in Brooklyn with 11 subways within walking distance.
NEW TO MARKET: This beautiful, spacious, sun flooded East & South facing 1 BR with lofty ceiling heights has been designed using organic elements with an array of sophisticated fixtures and finishes. Contemporary open layouts are complimented by wide-plank white-washed oak floors, walls of over sized windows. The sublime kitchen offers custom gray lacquer cabinetry, white Carrara marble counter tops and back splash, and a suite of fully integrated Miele appliances, including a vented cook top hood. The double-sink bathroom comes with stainless-steel Grohe fixtures, light Carrara marble, spacious walnut vanity. Additionally, there is a Bosh washer/dryer closet, a coat closet, a big walk-in closet in the bedroom and the central climate control system in unit.
Designed inside and out by celebrated architect COOKFOX. The building is a Silver LEED building. Residents will enjoy 10,000 square feet of amenities including white-glove, 24 hour door service, a library by McNally Jackson, fitness center by The Wright Fit, lounge with catering kitchen, Children's playroom, pet wash station, bike storage, an amazing rooftop terrace with communal gardens and breathtaking city views and a live-in super.
This building has a short distance to Prospect Park, Barclay Center, Atlantic Center shopping mall, Brooklyn's Botanical Garden and Brooklyn Bridge Park. In addition, you are surrounded by 5 historical Brooklyn neighborhoods, cultural landmarks, and a transportation hub ready to take you anywhere. Quick access to Manhattan with 11 subways nearby including B/C/Q/2/3/4/5/G/D/N/R and also to the LIRR. 550 Vanderbilt is a condominium like no other, providing its residents with an extraordinary opportunity to connect with the community and nature, all in the very heart of Brooklyn, New York City's most exciting borough.
Please feel free to contact the listing agent for more information.
Features & Amenities
Interior Features
Exterior Features
Appliances
Financial Details
About Prospect Heights
View All Prospect Heights ListingsProspect Heights is a compact Brooklyn neighborhood anchored by the Brooklyn Public Library, Grand Army Plaza, Prospect Park, and the Brooklyn Museum. The real estate market features historic brownstones, pre-war cooperatives, and new developments like Pacific Park, with 2/3/B/Q/4 train service.
Prospect Heights Live Market Data
View NeighborhoodActive Listings
35
Median Asking Price
$1.50M
Median $/Sqft
$1,370
Avg Days on Market
N/A
New This Week
2
Price Reduced
17%
Sold (30 Days)
1
Median Sale Price
$635K
Live data from RLS at REBNY • Updated 5/18/26, 2:03 AM EST
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Location
550 Vanderbilt Avenue #623, Prospect Heights, Kings County
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $1,049 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $360, or roughly $30 per month. Verify the current assessment with your attorney before closing.
This property has 1 bedroom and 1 full bathroom.
The listed interior living area is 847 square feet. Verify dimensions independently during due diligence.
This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $1,200,000 for 847 sq ft, the asking price per square foot is approximately $1,417. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Spire Group Inc. - Lucy Pang
Listing Contact: (212) 500-1900
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 5/18/2026 at 6:03 AM UTC