Step into the epitome of modern luxury at 550 Vanderbilt, a crown jewel in Prospect Heights, Brooklyn. This east-facing studio is a masterpiece of sleek design and urban sophistication, complete with a coveted in-unit washer/dryer and a 25-year tax abatement lasting until 2043—an unparalleled investment opportunity.
Elevate your lifestyle with access to over 10,000 square feet of world-class amenities. Imagine waking up to the services of a 24/7 concierge, diving into a state-of-the-art fitness center featuring Peloton bikes, and unwinding in the curated library or chic lounge with a catering kitchen and private dining room. For families, there’s a vibrant children’s playroom, while pet lovers will appreciate the dedicated grooming station. And when it’s time to relax outdoors, ascend to the rooftop terrace—complete with communal gardens, gas grills, and breathtaking panoramic views of the city skyline.
Perfectly situated in one of Brooklyn’s most dynamic neighborhoods, 550 Vanderbilt offers effortless access to major subway lines (C, 2, 3, B, Q), the Barclays Center, and LIRR at Atlantic Terminal. With Prospect Park and cultural landmarks just steps away, this location is as iconic as it is convenient.
Whether you’re seeking an elegant home or a lucrative investment property—with an existing tenant already in place—this studio is your gateway to refined living in Brooklyn’s most exciting enclave. Welcome to luxury redefined; welcome to 550 Vanderbilt.
Listed by Nicholas Parga Nevarez
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License #10401318437
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Compass
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(917) 443-6361
Last updated August 12, 2025
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Source: REBNY #RLS20019072
Listing Facts
TypeCondo
NeighborhoodProspect Heights
Bathrooms1
Days on Prevu137
HOA/Maint. Fees$589/month
Taxes$204/year
Size443 sqft
Price per sqft$1,693
Amenities
Pets Allowed
Concierge
Parking
Location
Mortgage Calculator
Listing History
04/25/2025
Listed by Compass
$750,000
Estimated Closing Costs
Total
$24,425
Attorney Fees
$4,000
Title Insurance
$3,375
Bank Attorney
$1,500
Mortgage Recording Tax
$11,550
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $750,000 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.
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.