550 Vanderbilt Avenue #212, New York City, NY 11238
Listing Courtesy of Jade Stone Real Estate Consulting Inc
$739,000
Potential Rebate: $11,085
Overview
The Smartest Entry into Brooklyn's Premier Luxury Lifestyle: A Beautiful & Bright Studio with LOW monthly & Tax Abatement till 2043! <br><br>The Most Attainable lowest-priced Studio in 550 Vanderbilt<br>The 421a "Superpower": A transformative tax abatement is in place until 2043, dramatically reduced property taxes.<br> Ultra-Low Carrying Costs<br>Amazing Amenity Package<br>Prime Prospect Heights Location<br>Unrivaled Transportation Hub<br>Prestigious Design Pedigree<br>Investment Grade Asset<br><br>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.<br><br>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.<br><br>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.<br><br>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.<br><br>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.<br><br>Priced to sell immediately. Do not miss the best value in 550 Vanderbilt. Contact us today for a private showing.<br><br>**Open houses are by appointment.**<br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br>
Home Features
- •Central Air
- •Central
- •Building Inside
- •Common Area
- •In Unit
- •Building Storage
- •Building Roof Deck
- •Private Outdoor Space Under 60 Sqft
Estimated Monthly Payment
$4,233 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$11,085
Monthly savings impact
$31/mo
Effective Purchase Price
$727,915
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Jade Stone Real Estate Consulting Inc
Data Source: TRESTLE #RLS20066098
RLS at REBNY
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
Member
Verified
Listings
RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Jade Stone Real Estate Consulting Inc
Data Source: TRESTLE #RLS20066098
RLS at REBNY
Price Analysis
Compare average listing prices and value metrics for 550 Vanderbilt Avenue against the surrounding Prospect Heights market.
Average List Price
Price Per SqFt
28.63% Higher
than the Prospect Heights price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Prospect Heights.
