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550 Vanderbilt Avenue 212Brooklyn, NY 11238

For Sale

$739,000

Smart Buyer Rebate $5,975

The Smartest Entry into Brooklyn's Premier Luxury Lifestyle: A Beautiful & Bright Studio with LOW monthly & Tax Abatement till 2043!

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.

**Open houses are by appointment.**

















Listed by Anne Huiwen Chang

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License #10311203594

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Jade Stone Real Estate Consulting Inc

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(917) 494-0531

Listed by Chinmei Fan

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License #10401315856

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Jade Stone Real Estate Consulting Inc

Last updated September 07, 2025

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Source: REBNY #RLS20041854

Listing Facts

  • TypeCondo
  • NeighborhoodProspect Heights
  • Bathrooms1
  • Days on Prevu32
  • HOA/Maint. Fees$544/month
  • Taxes$192/year
  • Size414 sqft
  • Price per sqft$1,785

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Concierge

Location

Mortgage Calculator

Listing History

08/08/2025
Listed by Jade Stone Real Estate Consulting Inc
$739,000

Estimated Closing Costs

Total
$41,692
Attorney Fees
$4,000
Title Insurance
$3,326
Bank Attorney
$1,500
Mortgage Recording Tax
$11,380
Other Closing Costs
$4,000
NY State Transfer Tax
$2,956
NYC Transfer Tax
$10,530
Seller's Attorney Fee
$4,000

Estimated closing costs are based on the list price of $739,000 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 550 Vanderbilt Avenue 212

Association

Amenities

  • Pets Allowed: Building Yes, Yes
  • Concierge: Doorman Full Time

Fees

  • Association Fee: $544.00 Monthly

Financial

  • Flip Tax Remarks: ASK EXCL BROKER

Exterior

Construction

  • New Construction: Yes
  • Property Condition: Excellent
  • Year Built: 2017
  • Entry Level: 2

Features

  • Building Features: Elevator(s), Storage
  • Patio And Porch Features: Rooftop

Financial

Taxes

  • Tax Annual Amount: $192.00

Interior

Features

  • Appliances: Dryer, Dishwasher, Washer
  • Flooring: Hardwood
  • Interior Features: High Ceilings, Storage

Measurements

  • Living Area: 414
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Rooms Total: 2

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Prospect Heights
  • Tax Block: 01129
  • Tax Lot: 7501

Parking

Parking

  • Garage: Yes

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: 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.