OPEN HOUSE
Sun Aug 10, 12:00pm - 2:00pm
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Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 414 sqft
Price per Sqft $1,785
Subdivision Prospect Heights
MLS Listing ID RLS20041854
HOA Fees $544/mo
HOA Y/N Yes
Year Built 2017
Annual Tax Amount $192
Property Sub-Type Condo
Property Description
Best Value in the Building:
The 421a "Superpower": A transformative tax abatement is in place until 2043, offering nearly two decades of dramatically reduced property taxes.
Ultra-Low Carrying Costs
World-Class Amenity Package
Prime Prospect Heights Location
Unrivaled Transportation Hub
Prestigious Design Pedigree
Turnkey & Move-in Ready
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, reducing your monthly taxes to virtually zero.
Designed by the acclaimed COOKFOX Architects, this 446 sq. ft. home is a testament to intelligent design. Oversized windows flood the space with natural light, highlighting the wide-plank oak floors. The chef's kitchen features fully integrated Miele appliances, while the spa-like bathroom boasts Carrara marble and a custom walnut vanity. An in-unit washer/dryer completes this perfect picture of convenience.
Your living space extends to over 10,000 sq. ft. of world-class amenities. Work from the McNally Jackson-curated library, entertain in the residents' lounge, or grill on the panoramic rooftop terrace. Stay active in The Wright Fit fitness center, complete with Peloton bikes and a yoga studio. With a 24/7 concierge, pet spa, and children's playroom, every need is anticipated.
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.
Location
Interior
Interior Features High Ceilings, Storage
Heating Central
Cooling Central Air
Flooring Hardwood
Furnishings Unfurnished
Fireplace No
Appliance Dryer, Dishwasher, Washer
Laundry Building Inside, Common Area, In Unit
Exterior
Exterior Feature Building Storage, Building Roof Deck, Private Outdoor Space Under 60 Sqft, Storage
View Y/N No
Porch Rooftop
Private Pool No
Building
Dwelling Type None
New Construction Yes
Others
Pets Allowed Pets Allowed
HOA Fee Include Water
Ownership Condominium
Monthly Total Fees $560
Special Listing Condition Standard
Pets Allowed Building Yes, Yes
Virtual Tour https://youtu.be/6RXu_Iyq3ho
