Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,985,000

· Closed March 26, 2025

550 Vanderbilt Avenue #1402
Closed For Sale Condo

$1,985,000

$1,681 per sq ft

550 Vanderbilt Avenue #1402

Prospect Heights, Brooklyn

MLS® #RLS11023233

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

1,181

Sq. Ft.

2017

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,181 sq ft
Year Built 2017
Ownership Condo
HOA/Common Charges $1,600/mo
Property Taxes $516/yr
Parking Garage
Neighborhood Prospect Heights
Floor 16 of 17

Property Highlights

  • Exposure: North facing
  • Climate Control: Central Air
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 16 of 17
Exposure North
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2017
Living Area 1,181 sq ft
Parking Garage Available
Parking Features Garage
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Parcel # 01129-1244
Block/Lot 01129/1244

Listing History

Event Date Price Change
Listed Dec 1, 2024 $1,995,000 -
Currently May 17, 2026 $1,985,000 -0.5%

Description

Welcome to a stunning two-bedroom, two-bathroom home at the highly desirable 550 Vanderbilt in Prospect Heights. Bathed in natural light, this residence features soaring 10-foot ceilings and breathtaking views of the Manhattan skyline from every room. The home boasts the best split two-bedroom layout in the building. The spacious living area includes a modern, open-concept kitchen equipped with top-of-the-line Miele appliances, Carrara marble countertops, custom cabinetry, and a custom island. The king-sized primary bedroom is a serene retreat, complete with a massive walk-in closet, Manhattan views, and a luxurious ensuite bathroom. The bathroom features a floating walnut double vanity with a marble countertop, an oversized walk-in shower, and a large linen closet. The second bedroom is generously sized, offering two large reach-in closets and, of course, the stunning Manhattan views. 550 Vanderbilt offers an array of amenities, including a 24-hour concierge and doorman, a state-of-the-art fitness center, a residents' lounge, a library, a children's playroom, and a stunning rooftop terrace with a grill. Additionally, there is a brand new parking garage just half a block away. Located in the heart of Prospect Heights, this home is within walking distance of the Brooklyn Museum, the Brooklyn Botanic Garden, and Prospect Park. The nearby Atlantic/Barclays Center provides easy access to multiple subway lines and the Long Island Railroad. A plethora of acclaimed restaurants, cafes, and shops are just steps away. Experience luxury living at its finest in this exceptional home. Schedule a viewing today to see it for yourself! ***Storage available for purchase***

Features & Amenities

Interior Features

Double Vanity Building Washer Dryer Install Allowed Common On Floor Common Area In Unit Flooring: Hardwood

Exterior Features

Private Outdoor Space Under60 Sqft

Appliances

Dishwasher

Building Information

Building Data View Compliance & Permits
Total Units 278
Stories 17
Structure HighRise

Financial Details

Common Charges $1,600/mo
RE Taxes $516/yr ($43/mo)
Original Price $1,995,000
Sale Price $1,985,000
Previous Price $1,995,000

Prospect 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 Neighborhood

Active Listings

36

Median Asking Price

$1.47M

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 5/17/26, 1:49 PM EST

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Location

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550 Vanderbilt Avenue #1402, Prospect Heights, Kings County

Building Information

Official NYC property records for this building

2015
Year Built
11 years old
18
Floors
278
Residential Units
R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $40,523,435
Land Value: $1,421,994
Exemptions: $39,529,202

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 39,392 SF
Building Area: 268,405 SF
Built FAR: 6.81
Allowed FAR: 4

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

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,600 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $516, or roughly $43 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,181 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2017, making it approximately 9 years old.

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 $1,985,000 for 1,181 sq ft, the asking price per square foot is approximately $1,681. 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) 416-7433
MLS® ID: RLS11023233
First Listed: 12/1/2024
On Market: 12/1/2024
Price Changed: 4/1/2025
Closed: 3/26/2025
Contract Date: 11/11/2024

Listing Courtesy of Compass - Ivy Kramp

Listing Contact: (646) 675-5186

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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/17/2026 at 5:49 PM UTC

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