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$729,330
List Price: $739,000
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550 Vanderbilt Avenue #212
Condo in Prospect Heights •  building info
studio • 1ba • 414ft² $1,785 per ft²
Buy with Yoreevo

$729,330

List Price

$739,000

Key Details
Days on market
60
Last price change
loading...
Estimated payment
$4,126/mo
Taxes
$16/mo
Common charges
$565/mo
Description
The Smartest Entry into Brooklyn's Premier Luxury Lifestyle: A Beautiful & Bright Studio with LOW monthly & Tax Abatement till 2043! ** All open houses are by appointment. Please email or text the listing agent to schedule. ** 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.

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Important Stuff
Washer/Dryer in unit
Elevator
Full Time Doorman
Home features
Central Air
Dishwasher
Hardwood floors
View

City

Building amenities
Services and facilities
Bike Room
Concierge
Fios Available
Laundry in Building
Live In Super
Package Room
Parking

Garage

Storage

Locker/Cage

Wheelchair Access
Wellness and recreation
Children's Playroom
Gym
Media Room
Shared outdoor space
Courtyard
Roof Deck
Building info

History
What it'll cost
Purchase price
$739,000
Asking Price: $739,000
Term
30 Years
Down Payment
$147,000 (20%)
Min: 20% (147,000)
Rate
6.0 %
Mortgage Amount
$591,200
Mortgage Payment
$3,545
Common Charges
$565
Taxes
$16
Estimated Yoreevo rebate
$9,670
Estimated closing cost
$23,000
Total monthly cost $4,126
Buy your dream home with us and get an estimated $9,670 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Jade Stone Consulting Inc

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