550 Vanderbilt Avenue Unit 720, Brooklyn, NY 11238

$998,000

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… Read More 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. Read Less

Listing Courtesy of: Anne Huiwen Chang, Jade Stone Real Estate Consulting Inc, 917-494-0531.

Listing Snapshot

Days Online

Last Updated

Jun 3, 2026

Property Type

Apartment

Beds

Full Baths

Year Built

2017

MLS Number

RLS20094560

30 Days Snapshot Of 11238

$1.22M

-44%

(avg) sold price

-63%

homes sold

Snapshot

Area Map

Additional Details

Building

Entry Level: 6, Features: BikeStorage, CommonPlayroom, Elevators, HealthClub, PackageRoom, Storage, Living Area Units: SquareFeet, Rooms Total: 3, Structure Type: None, New Construction

Exterior Features

Patio And Porch Features: Rooftop

Interior Features

Interior Features: HighCeilings, Storage

Lot

Parcel Number: 01129-1160

Property

Property Sub Type: Apartment

Taxes

Tax Annual Amount: $288, Tax Block: 01129, Tax Lot: 7501

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550 Vanderbilt Avenue Unit 720

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