--- title: "500 Waverly Avenue #PH5, Brooklyn, NY 11238" description: "500 Waverly Avenue #PH5, Brooklyn, NY 11238 — NYC real estate listing on Real Estate Rebate Team. Priced at $1,700,000. Est. potential buyer savings up to $42,500 (subject to buyer-broker compensation received, lender approval, and applicable law)." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/500-waverly-avenue-ph5-PH5-ny-11238" source: "Real Estate Rebate Team" --- # 500 Waverly Avenue #PH5, Brooklyn, NY 11238 > **Listing Courtesy of:** Compass ## Description Welcome to Penthouse 5 at 500 Waverly — a stunning top-floor residence where indoor elegance meets outdoor serenity. This beautifully designed two-bedroom, two-bathroom home offers an elevated Brooklyn lifestyle with seamless flow, sun-flooded interiors, and a private roof terrace that captures panoramic views of the Manhattan skyline. Sophisticated yet inviting, this penthouse blends form and function in one of Clinton Hill’s most architecturally distinctive addresses. Inside, discover an expansive open-concept living and dining space with soaring ceilings and oversized windows that bathe the home in natural light. The sleek, modern kitchen is outfitted with custom cabinetry, high-end stainless appliances, and a generously sized island—ideal for entertaining or everyday living. The primary suite features a spacious layout, en-suite bath, and direct access to a balcony, while the second bedroom is equally inviting with custom built-ins and skyline views. A staircase leads to the show-stopping private roof deck, offering a front-row seat to sunsets and city lights. Additional highlights include central air, hardwood floors, in-unit laundry, and plentiful storage throughout. 500 Waverly is a boutique full-service condominium where thoughtful design meets elevated amenities. Residents enjoy a part-time doorman, a well-appointed fitness center, a resident lounge, bike storage, and a beautifully landscaped common roof deck. The building’s contemporary façade, designed by GKV Architects, draws on Bauhaus-inspired modernism and adds an iconic presence at the intersection of three vibrant Brooklyn neighborhoods. Perfectly positioned where Clinton Hill, Fort Greene, and Prospect Heights meet, 500 Waverly puts you at the center of it all. Enjoy world-class dining, cozy cafés, and local favorites along Fulton Street and Vanderbilt Avenue. You're just minutes from cultural institutions like BAM, Barclays Center, and Prospect Park, with easy access to multiple subway lines—including the C train just one block away—for a quick commute into Manhattan and beyond. 500 Waverly offers a 25-year tax abatement and a full-service lifestyle with a doorman from 7 am to 11 pm, a fully automated parking garage, storage available for rent, and a fully outfitted fitness center, plus two beautifully designed communal outdoor spaces provide more room to relax and enjoy. The location is perfectly positioned at the crossroads of Fort Greene, Prospect Heights, and Clinton Hill; with the C train line conveniently located just a block away. This home and building offer the best living in one of Brooklyn’s most charming neighborhoods. Don’t miss out on this exceptional opportunity—contact us today for a private viewing of this truly exceptional home. ## Property Details - **Price**: $1,700,000 - **Potential Buyer Rebate**: $42,500 - **Bedrooms**: 2 - **Bathrooms**: 2 - **Living Area**: 989 sqft - **Property Type**: Residential - **Year Built**: 2017 - **Neighbourhood**: Clinton Hill - **Area / Borough**: Brooklyn - **Subdivision**: Clinton Hill - **Listing Office**: Compass - **State**: NY ## Estimated Potential Buyer Savings Real Estate Rebate Team estimates potential buyer savings of up to **$42,500** at closing. *Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.* ## Related Links - [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/brooklyn/clinton-hill) - [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact) --- > This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. > 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 The Real Estate Board of New York, Inc., All rights reserved.