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
·
Jade Stone Real Estate Consulting Inc
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(917) 494-0531
Listed by Chinmei Fan
·
Jade Stone Real Estate Consulting Inc
Last updated January 29, 2026
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Source: REBNY #RLS20066098
Listing Facts
TypeCondo
NeighborhoodProspect Heights
Bathrooms1
Days on Prevu21
HOA/Maint. Fees$565/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
01/09/2026
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: $565.00 Monthly
Financial
Flip Tax Remarks: ASK EXCL BROKER
Exterior
Construction
New Construction: Yes
Year Built: 2017
Entry Level: 2
Features
Building Features: Elevator(s), Storage
Patio And Porch Features: Rooftop
Financial
Taxes
Parcel Number: 01129-1019
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
Frequently Asked Questions
How many bedrooms and bathrooms does this condo have?
There is bedrooms and 1 bathroom in this condo at 550 Vanderbilt Avenue 212.
Are pets allowed at 550 Vanderbilt Avenue?
Yes, 550 Vanderbilt Avenue allows pets.
What are the annual taxes for 550 Vanderbilt Avenue 212?
Annual taxes for this condo are estimated at $192.
How does 550 Vanderbilt Avenue 212 compare to other condos in Prospect Heights?
This condo is listed 58% below the average price for condos in Prospect Heights and has been on the market for 20 less days than the typical home in this area.
What is the square footage on this condo?
According to the MLS, this listing is 414 sqft.
550 Vanderbilt Avenue 212 is a -bedroom, 1-bath condo for sale in Brooklyn NY 11238. On Prevu for 21 days at $739,000. This residence features 414 square feet of living space, located in Prospect Heights. The median listing price for condos in this area is $1,711,500. Property amenities include private outdoor space, dishwasher, pets allowed, doorman, and washer/dryer. Explore more condo listings in Brooklyn.
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.