Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
550 Metropolitan Avenue #PHA
Interested in this property?
Active For Sale Condo

$2,250,000

$1,365 per sq ft

550 Metropolitan Avenue #PHA

Williamsburg, Brooklyn

MLS® #RLS20049642

RLS at REBNY

Listing by Sothebys International Realty

3

Bedrooms

3

Baths

1,648

Sq. Ft.

2021

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 1,648 sq ft
Lot Size 3,000 sq ft
Year Built 2021
Ownership Condo
HOA/Common Charges $1,422/mo
Property Taxes $23,688/yr
Neighborhood Williamsburg
Floor 5 of 6

Property Highlights

  • Views: City
  • Exposure: East,North,South,West facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 3 Full
Floor 5 of 6
View City
Exposure East,North,South,West
Cooling Central Air
Pets Yes
Year Built 2021
Living Area 1,648 sq ft
Structure Type HighRise
Lot Size 3,000 sq ft
Block/Lot 02761/0019

Listing History

Event Date Price Change
Listed Sep 18, 2025 $2,550,000 -
Price Reduced Mar 16, 2026 $2,395,000 -6.1%
Currently May 4, 2026 $2,250,000 -6.1%

Description

Stand out design and luxury are uniquely combined in this stunning 2-bedroom plus home office, three-bathroom, full floor, key-locked elevator penthouse in one of the most exclusive boutique buildings in Williamsburg. The exceptional residence is bathed with sunlight throughout, and exemplifies contemporary Brooklyn style living. Designed by Veronica Mishaan with beautiful features such as GRATO engineered hardwood floors, high ceilings, oversized windows with skyline views, an in-unit washer/dryer, a private refuse room and central air conditioning. The layout is graced with an intuitive flow and an open concept kitchen with an eat-in peninsula, sleek white quartz countertops and backsplashes, custom soft-close ash veneer cabinets, and a suite of fully integrated high-end Bosch appliances. The open and airy living/dining spaces are connected to a hallway leading to the bedroom wing of the home. Equally impressive is the primary bedroom with a dressing room area, wall of custom fitted closets and a spa-like ensuite bath with a walk-in shower, a deep soaking tub, and a custom dark ash veneer double vanity with honed travertine countertops and a brushed nickel Kohler faucet. All three bathrooms are designed with sophisticated earthy tones and a calming neutral color palette. 550 Metropolitan Avenue is a boutique condominium with only 6 stories and 9 units. The building offers the convenience and lifestyle of Brooklyn’s trendiest neighborhood as well as core amenities a fully furnished common rooftop deck with outdoor kitchen great for hosting parties with its exceptional skyline views, bicycle storage, and a virtual doorman system. It is surrounded by a wide range of trendy restaurants, bars, cafés, and shops, and it is a short walk to McCarren Park. Greenpoint and East Williamsburg are also close by. The L subway line is down the block, and the G line is around the corner.

Features & Amenities

Interior Features

In Unit

Exterior Features

Building Courtyard Courtyard

Building Amenities

Elevators

Appliances

Dryer Washer Dryer Stacked Dishwasher Washer

Building Information

Building Data View Compliance & Permits
Total Units 9
Stories 6
Structure HighRise

Financial Details

Common Charges $1,422/mo
RE Taxes $23,688/yr ($1,974/mo)
Original Price $2,550,000
Previous Price $2,395,000

Williamsburg is the global face of Brooklyn's cultural and residential renaissance. Defined by its stunning waterfront parks and the iconic L-train connection to Manhattan, the neighborhood offers a high-energy lifestyle. The real estate market is dominated by sleek, glass-walled luxury condominiums along the East River, alongside historic warehouse conversions and boutique new developments that cater to a wide range of buyers and renters.

Williamsburg Live Market Data

View Neighborhood

Active Listings

181

Median Asking Price

$1.98M

Median $/Sqft

$1,623

Avg Days on Market

N/A

New This Week

12

Price Reduced

12%

Sold (30 Days)

21

Median Sale Price

$1.45M

Live data from RLS at REBNY • Updated 5/4/26, 8:00 AM EST

Similar Listings in Williamsburg

View All

Location

Loading map...

550 Metropolitan Avenue #PHA, Williamsburg, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2020
Year Built
6 years old
6
Floors
9
Residential Units
R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $1,617,302
Land Value: $108,003
Exemptions: $0

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

Lot Area: 3,000 SF
Building Area: 10,102 SF
Built FAR: 3.37
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 $1,422 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $23,688, or roughly $1,974 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 3 full bathrooms.

The listed interior living area is 1,648 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2021, making it approximately 5 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 $2,250,000 for 1,648 sq ft, the asking price per square foot is approximately $1,365. 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: RLS20049642
First Listed: 9/18/2025
On Market: 9/18/2025
Price Changed: 3/16/2026
Contract Date: 5/19/2025

Listing Courtesy of Sothebys International Realty - Kristi Ambrosetti

Listing Contact: (917) 763-8504

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 5/4/2026 at 12:00 PM UTC

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

Call Text Email