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500 Waverly Avenue PH5Brooklyn, NY 11238

For Sale

$1,695,000

Smart Buyer Rebate $21,188

Welcome to Penthouse 5 at 500 Waverly — a stunning top-floor residence where indoor elegance meets outdoor serenity. This beautifully designed two-bedroom, two-bathroom home offers an elevated Brooklyn lifestyle with seamless flow, sun-flooded interiors, and a private roof terrace that captures panoramic views of the Manhattan skyline. Sophisticated yet inviting, this penthouse blends form and function in one of Clinton Hill’s most architecturally distinctive addresses.

Inside, discover an expansive open-concept living and dining space with soaring ceilings and oversized windows that bathe the home in natural light. The sleek, modern kitchen is outfitted with custom cabinetry, high-end stainless appliances, and a generously sized island—ideal for entertaining or everyday living. The primary suite features a spacious layout, en-suite bath, and direct access to a balcony, while the second bedroom is equally inviting with custom built-ins and skyline views. A staircase leads to the show-stopping private roof deck, offering a front-row seat to sunsets and city lights. Additional highlights include central air, hardwood floors, in-unit laundry, and plentiful storage throughout.

500 Waverly is a boutique full-service condominium where thoughtful design meets elevated amenities. Residents enjoy a part-time doorman, a well-appointed fitness center, a resident lounge, bike storage, and a beautifully landscaped common roof deck. The building’s contemporary façade, designed by GKV Architects, draws on Bauhaus-inspired modernism and adds an iconic presence at the intersection of three vibrant Brooklyn neighborhoods.

Perfectly positioned where Clinton Hill, Fort Greene, and Prospect Heights meet, 500 Waverly puts you at the center of it all. Enjoy world-class dining, cozy cafés, and local favorites along Fulton Street and Vanderbilt Avenue. You're just minutes from cultural institutions like BAM, Barclays Center, and Prospect Park, with easy access to multiple subway lines—including the C train just one block away—for a quick commute into Manhattan and beyond.

500 Waverly offers a 25-year tax abatement and a full-service lifestyle with a doorman from 7 am to 11 pm, a fully automated parking garage, storage available for rent, and a fully outfitted fitness center, plus two beautifully designed communal outdoor spaces provide more room to relax and enjoy. The location is perfectly positioned at the crossroads of Fort Greene, Prospect Heights, and Clinton Hill; with the C train line conveniently located just a block away. This home and building offer the best living in one of Brooklyn’s most charming neighborhoods.

Don’t miss out on this exceptional opportunity—contact us today for a private viewing of this truly exceptional home.

Listed by Scott A Savory

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License #10301218800

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Compass

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(347) 553-1685

Listed by Jonathan Israel Benami

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License #10401275502

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Compass

Last updated September 03, 2025

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Source: REBNY #RLS20026885

Listing Facts

  • TypeCondo
  • NeighborhoodClinton Hill
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu101
  • HOA/Maint. Fees$1,642/month
  • Taxes$876/year
  • Size989 sqft
  • Price per sqft$1,714

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Concierge
  • Parking

Location

Mortgage Calculator

Listing History

08/04/2025
Price Decreased
$1,695,000
05/28/2025
Listed by Compass
$1,725,000

Estimated Closing Costs

Total
$60,181
Attorney Fees
$4,000
NYC Mansion Tax
$16,950
Title Insurance
$7,628
Bank Attorney
$1,500
Mortgage Recording Tax
$26,103
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,695,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 500 Waverly Avenue PH5

Association

Amenities

  • Pets Allowed: Building Yes
  • Concierge: Doorman Part Time

Fees

  • Association Fee: $1,642.00 Monthly

Compensation

Commissions

  • Buyer Agency Compensation: 2.5Percent

Exterior

Construction

  • Number Of Units Total: 48
  • Property Condition: Good Condition
  • Stories Total: 7
  • Structure Type: Multi Family
  • Year Built: 2017
  • Entry Level: 1

Features

  • Building Features: Elevator(s)
  • Patio And Porch Features: Balcony, Rooftop
  • View: City, Panoramic

Measurements

  • Lot Size Dimensions: 0
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $876.00

Interior

Features

  • Flooring: Hardwood

Measurements

  • Living Area: 989
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Rooms Total: 4

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Clinton Hill
  • Tax Block: 02011
  • Tax Lot: 7502

Parking

Parking

  • Garage: Yes
  • Parking Features: Garage, On Site

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: Common Area, In Unit

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.