550 VANDERBILT AVENUE · #720

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-à-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. • Chef’s 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 • Children’s 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 Brooklyn’s 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, finishes, and exposure.

1. listedMay 31, 2026

   $998K+13.2%
   Listed by Jade Stone Real Estate Consulting
2. soldJul 4, 2017

   $882K0.0%
   Sold by Corcoran
3. in contractJan 14, 2016

   $882K0.0%
   In contract
4. no longer availableNov 16, 2015

   $882K0.0%
   No longer available
5. listedSep 29, 2015

   $882K
   Listed by Corcoran