Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
550 Vanderbilt Avenue #212
Interested in this property?
Active For Sale Condo

$739,000

$1,785 per sq ft

550 Vanderbilt Avenue #212

Prospect Heights, Brooklyn

MLS® #RLS20066098

RLS at REBNY

Listing by Jade Stone Real Estate Consulting Inc

Open House Scheduled

Saturday, May 2 • 4:30 PM – 6:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

Studio

1

Bath

414

Sq. Ft.

2017

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 414 sq ft
Year Built 2017
Ownership Condo
HOA/Common Charges $565/mo
Property Taxes $192/yr
Parking Garage
Neighborhood Prospect Heights
Floor 2

Property Highlights

  • Exposure: East facing
  • Outdoor Space: Rooftop
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 2
Exposure East
Heating Central
Cooling Central Air
Pets Yes
Year Built 2017 (New)
Living Area 414 sq ft
Parking Garage Available
Structure Type None
Flooring Hardwood
Furnished Unfurnished
Parcel # 01129-1019
Block/Lot 01129/7501

Listing History

Event Date Price Change
Listed Jan 9, 2026 $739,000 -
Currently Apr 30, 2026 $739,000 -

Description

The Smartest Entry into Brooklyn's Premier Luxury Lifestyle: A Beautiful & Bright Studio with LOW monthly & Tax Abatement till 2043!
** All open houses are by appointment. Please email or text the listing agent to schedule. **

The Most Attainable lowest-priced Studio in 550 Vanderbilt
The 421a "Superpower": A transformative tax abatement is in place until 2043, dramatically reduced property taxes.
Ultra-Low Carrying Costs
Amazing Amenity Package
Prime Prospect Heights Location
Unrivaled Transportation Hub
Prestigious Design Pedigree
Investment Grade Asset

Stop renting and start building equity for less. Or Place your investment in secured asset! ~ This is your rare opportunity to own a piece of 550 VanderbiltProspect Heights' most sought-after addresswith carrying costs lower than most new buildings.

Unit 212 is a bright and beautifully designed studio that offers more than just a home; it offers a financial superpower: a 421a tax abatement in place until 2043 plus the low monthly common charges. A dramatic savings.

Designed by the acclaimed COOKFOX Architects, this residence exemplifies intelligent design. Oversized windows flood the interiors with natural light, accentuating the wide-plank oak floors and soaring 11-foot ceilings. The chefs kitchen is equipped with fully integrated Miele appliances, while the spa-like bathroom showcases Carrara marble and a custom walnut vanity. An in-unit washer/dryer completes this picture of modern comfort and convenience.

550 Vanderbilt is recognized as the most sought-after condominium in Prospect Heights. Your living space extends to over 10,000 sq. ft. of amenities, including white-glove, 24-hour service, a library by McNally Jackson, a fitness center by The Wright Fit, a lounge with a catering kitchen, pet station, bike storage, in-building laundry, and an amazing rooftop terrace with communal gardens and breathtaking city views.

Situated at the nexus of culture and convenience in #1 of America's "hottest neighborhoods in 2025" (Redfin), you are steps from the 8-acre Pacific Park, Barclays Center, Prospect Park, and a dozen subway lines. This is the epicenter of modern Brooklyn.

Priced to sell immediately. Do not miss the best value in 550 Vanderbilt. Contact us today for a private showing.

















Features & Amenities

Interior Features

High Ceilings Storage Building Inside Common Area In Unit Flooring: Hardwood

Exterior Features

Building Storage Building Roof Deck Private Outdoor Space Under60 Sqft Storage Rooftop

Building Amenities

Bike Storage Common Playroom Elevators Health Club Package Room Storage

Appliances

Dryer Dishwasher Washer

Financial Details

Common Charges $565/mo
RE Taxes $192/yr ($16/mo)

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

$1,531

Avg Days on Market

N/A

New This Week

7

Price Reduced

6%

Sold (30 Days)

4

Median Sale Price

$1.66M

Live data from RLS at REBNY • Updated 4/30/26, 5:17 AM EST

Similar Listings in Prospect Heights

View All

Location

Loading map...

550 Vanderbilt Avenue #212, 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 $565 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $192, or roughly $16 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 414 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 $739,000 for 414 sq ft, the asking price per square foot is approximately $1,785. 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: RLS20066098
First Listed: 1/9/2026
On Market: 1/9/2026
Price Changed: 1/9/2026
Contract Date: 1/7/2026

Listing Courtesy of Jade Stone Real Estate Consulting Inc - Anne Huiwen Chang

Listing Contact: (917) 494-0531

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 4/30/2026 at 9:17 AM 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 Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

Call Text Email