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550 Vanderbilt Avenue 720Brooklyn, NY 11238

For Sale

$998,000

Smart Buyer Rebate $12,450

Luxury Brooklyn Living Redefined: Unparalleled Value & Timeless Design

Residence 720, a bright West-facing 1BR at 550 Vanderbilt presents a rare opportunity to own a luxury condominium in the heart of Prospect Heights. Perfectly suited as a primary residence, a sophisticated pied--terre, or a high-yield investment property, this beautiful home delivers an unmatched combination of low carrying costs, premier amenities, and a prime Brooklyn location.

Unbeatable Financials
421-A Tax Abatement: In place until 2043, shielding the asset from immediate full-market real estate tax exposure. Currently at an astonishingly low $24.
Low Carrying Costs: Combined with reasonable common charges, the total monthly cost of ownership is just $1.42/sf, making this one of the smartest, most cost-effective buys in Brooklyn today.

The Residence
Bathed in natural light with peaceful courtyard views, this beautifully designed home features soaring 10-foot ceilings, rich chestnut hardwood floors, and expansive double-paned windows with a bright western exposure.

Chefs Kitchen: Sleek marble countertops, abundant cabinetry and pantry storage, and a full suite of premium Miele appliances, including a gas cooktop with externally vented range hood for true chef-level performance.
Bedroom & Bath: The spacious bedroom offers a large walk-in closet, while the spa-like bathroom features elegant Carrara marble finishes and a custom walnut vanity.
Convenience: An in-unit washer and dryer completes this thoughtfully appointed home.

The Building & Amenities
Designed by the acclaimed architecture firm COOKFOX, 550 Vanderbilt offers over 10,000 square feet of world-class, luxury amenities:

24-hour attended lobby & concierge
Library, lounge, and private dining room with catering kitchen
Landscaped rooftop terrace with communal gardens, grills, and outdoor dining
State-of-the-art fitness center curated by The Wright Fit, featuring Peloton bikes and private studios
Childrens playroom

The Neighborhood
Perfectly positioned at the intersection of Prospect Heights and Pacific Park, residents enjoy immediate access to local green spaces, Barclays Center, and some of Brooklyns finest dining and shopping. Commuting is seamless, with the B, Q, C, 2, and 3 subway lines just moments away.

Contact us today to schedule your private showing.
PS. Pics from the unit one floor below at identical size, layout and exposure.

















Listed by Anne Huiwen Chang

·

Jade Stone Real Estate Consulting Inc

·

(917) 494-0531

Listed by Chinmei Fan

·

Jade Stone Real Estate Consulting Inc

Last updated June 14, 2026

·

Source: REBNY #RLS20094560

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCondo
  • NeighborhoodProspect Heights
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu15
  • HOA/Maint. Fees$892/month
  • Taxes$288/year
  • Size646 sqft
  • Price per sqft$1,545

Amenities

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

Location

Mortgage Calculator

Listing History

05/31/2026
Listed by Jade Stone Real Estate Consulting Inc
$998,000

Estimated Closing Costs

Total
$51,573
Attorney Fees
$4,000
Title Insurance
$4,491
Bank Attorney
$1,500
Mortgage Recording Tax
$15,369
Other Closing Costs
$4,000
NY State Transfer Tax
$3,992
NYC Transfer Tax
$14,221
Seller's Attorney Fee
$4,000

Estimated closing costs are based on the list price of $998,000 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 720

Association

Amenities

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

Fees

  • Association Fee: $892.00 Monthly

Financial

  • Flip Tax Remarks: ASK EXCL BROKER

Exterior

Construction

  • New Construction: Yes
  • Year Built: 2017
  • Entry Level: 6

Features

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

Financial

Taxes

  • Parcel Number: 01129-1160
  • Tax Annual Amount: $288.00

Interior

Features

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

Measurements

  • Living Area: 646
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Rooms Total: 3

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 1 bedroom and 1 bathroom in this condo at 550 Vanderbilt Avenue 720.

Are pets allowed at 550 Vanderbilt Avenue?

Yes, 550 Vanderbilt Avenue allows pets.

What are the annual taxes for 550 Vanderbilt Avenue 720?

Annual taxes for this condo are estimated at $288.

How does 550 Vanderbilt Avenue 720 compare to other condos in Prospect Heights?

This condo is listed 43% below the average price for condos in Prospect Heights and has been on the market for 26 less days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 646 sqft.

550 Vanderbilt Avenue 720 is a 1-bedroom, 1-bath condo for sale in Brooklyn NY 11238. On Prevu for 15 days at $998,000. This residence features 646 square feet of living space, located in Prospect Heights. The median listing price for condos in this area is $1,711,500. Additional amenities include private outdoor space, dishwasher, pets allowed, doorman, and washer/dryer. Browse more condo listings in Brooklyn.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the 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. 2026 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.