SOLD FOR $2,350,000
· Closed December 18, 2025
550 Vanderbilt Avenue #1508
MLS® #RLS20049014
Listing by Compass
2
Bedrooms
2.5
Baths
1,502
Sq. Ft.
2017
Year Built
Quick Summary
Property Highlights
- Exposure: North,West facing
- Climate Control: Central Air
- Parking: Private garage
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Sep 16, 2025 | $2,395,000 | - |
| Currently | Apr 28, 2026 | $2,350,000 | -1.9% |
Description
25 Year Tax Abatement with 19 years remaining!! Welcome home to residence 1508, one of the largest 2-bedroom, 2.5 bath homes at 550 Vanderbilt spanning over 1500sf. This massive corner apartment has northwestern exposure and unobstructed stunning Manhattan skyline views from the oversized living room and primary bedroom. With 10 foot ceilings, 7 inch wide plank oak flooring, floor to ceiling windows and an excellent split 2-bedroom layout, this one is not to be missed! The chef's kitchen features all Miele appliances, custom grey lacquer and black cabinets, Carrara marble countertops and an oversized island. The hood that vents out of the building and the deep sink features a garbage disposal for added functionality. Custom bench sitting and a custom dining table fit perfectly and maximize the living room space. The primary king-sized bedroom features north exposure with city views, a custom walk-in closet with lighting and a spa-like marble clad ensuite bathroom with custom walnut double vanity, a huge mirrored medicine cabinet, walk-in shower and linen closet. The second bedroom is nearly as large as the primary and also has a walk-in closet and an ensuite bathroom with handmade tile from Spain and a deep soaking tub. Off the entryway, you will find an elegant marble clad powder room for guests, an oversized coat closet and a large side-by-side vented washer and dryer. A large storage unit is also included in this purchase of this unit. Situated in Pacific Park Brooklyn, a groundbreaking 22-acre development by Frank Gehry in Prospect Heights and designed by COOKFOX, 550 Vanderbilt provides rare access to 350,000 square feet of green space with various outdoor facilities. Residents enjoy 10,000 square feet of top-tier amenities, including 24-hour door service, a McNally Jackson library, a Wright Fit gym, resident lounge with catering kitchen, playroom, pet spa, and a rooftop terrace with grills, gardens and city views. With its 25-year tax abatement, the exceptionally low real estate taxes at this 550 Vanderbilt residence are a major draw and offer a significant financial advantage to the savvy buyer with a discerning eye. Don't miss this special unit which rarely comes on the market! *Some photos are virtually staged
Features & Amenities
Interior Features
Building Amenities
Building Information
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
30
Median Asking Price
$1.40M
Median $/Sqft
$1,446
Avg Days on Market
N/A
New This Week
2
Price Reduced
3%
Sold (30 Days)
4
Median Sale Price
$1.72M
Live data from RLS at REBNY • Updated 4/27/26, 9:38 PM EST
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Location
550 Vanderbilt Avenue #1508, Prospect Heights, Kings County
Floor Plans
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 $2,104 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $660, or roughly $55 per month. Verify the current assessment with your attorney before closing.
This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.
The listed interior living area is 1,502 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 $2,350,000 for 1,502 sq ft, the asking price per square foot is approximately $1,565. 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 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 Data display by Keller Williams NYC. Data last updated on 4/28/2026 at 1:38 AM UTC