---
title: "550 Vanderbilt Avenue #702, New York City, NY 11238"
description: "550 Vanderbilt Avenue #702, New York City, NY 11238 — Prospect Heights, New York City, NY. Last Sold Price $980,000. Sold on 8/11/2026. 1 bed, 1 bath, 637 sqft"
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/550-vanderbilt-avenue-702-ny-11238"
source: "Real Estate Rebate Team"
status: "Closed"
---

# 550 Vanderbilt Avenue #702, New York City, NY 11238

Prospect Heights, New York City, NY

Courtesy of Compass

## At a Glance

- **Last Sold Price**: $980,000
- **Status**: Sold on 8/11/2026
- **Beds**: 1
- **Baths**: 1
- **Sqft**: 637
- **Common Charges**: $885 / mo
- **Monthly Taxes**: $23 / mo
- **Price per Sqft**: $1,538
- **Brokerage Fee**: Share Eligible

This listing was successfully closed and is no longer active on the market.

[Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

## Property Overview

Experience refined living at 550 Vanderbilt, an architectural standout by COOKFOX at the gateway to Pacific Park. Set beside 22 acres of green space, this distinguished residence offers a rare blend of elevated design and urban tranquility in vibrant Prospect Heights.

Unit 702 is an elegant 1-bedroom home featuring soaring ceiling heights, wide-plank oak floors, and expansive windows that welcome exceptional natural light and sweeping neighborhood views. The meticulously crafted kitchen showcases custom lacquer cabinetry, lime-washed walnut detailing, Carrara marble countertops, and a full suite of integrated Miele appliances. A washer/dryer and central climate control complete this thoughtfully appointed home.

Residents enjoy 10,000 square feet of first-class amenities, including a 24/7 attended lobby, a curated library by McNally Jackson, a state-of-the-art fitness center by The Wright Fit, a residents’ lounge with catering kitchen, a children’s playroom, a pet-grooming studio, and an expansive rooftop terrace with lush plantings and panoramic city vistas.

## Property Details

- **Property Type**: Condominium
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 3
- **Sqft**: 637 sqft
- **Stories**: 17
- **Year Built**: 2017
- **Price per Sqft**: $1,538
- **Common Charges**: $884.76 / Monthly
- **Monthly Taxes**: $23 / mo
- **Listed On**: Apr 7, 2026
- **Days on Market**: 163 Days

### Residence Features

- Building Washer Dryer Install Allowed
- Common On Floor
- Common Area
- Garage
- Building Barbecue
- Building Garden
- Building Roof Deck

### Building Amenities

- Clubhouse
- Garage

## Estimated Monthly Payment

**$5,864 / month**, assuming a 20% down payment ($196,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $4,955
- **Property Taxes**: $23
- **Common Charges**: $885

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

77 apartments at 550 Vanderbilt Avenue have recorded sales since September 2021, the most recent for $1,780,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [1310](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/550-vanderbilt-avenue-1310-ny-11238) (Apartment) | 2 | 1,054 | $1,780,000 | $1,689/ft² | August 28, 2026 | MLS |
| [326](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/550-vanderbilt-avenue-326-ny-11238) (Apartment) | 1 | 763 | $997,000 | $1,307/ft² | August 7, 2026 | MLS |
| 702 (Apartment) | 1 | 637 | $980,000 | $1,538/ft² | July 2, 2026 | City record · MLS |
| 1108 (Apartment) | 2 | 1,502 | $2,589,000 | $1,724/ft² | June 5, 2026 | City record |
| 1416 (Apartment) | Studio | 455 | $735,000 | $1,615/ft² | April 24, 2026 | City record · MLS |
| 1308 (Apartment) | 2 | 1,502 | $2,450,000 | $1,631/ft² | April 8, 2026 | City record · MLS |
| 1203 (Apartment) | 2 | 995 | $1,560,000 | $1,568/ft² | February 6, 2026 | City record · MLS |
| 615 (Apartment) | — | 745 | $1,028,000 | $1,380/ft² | January 7, 2026 | City record |
| 1508 (Apartment) | 2 | 1,502 | $2,350,000 | $1,565/ft² | December 18, 2025 | City record · MLS |
| 915 (Apartment) | 2 | 1,176 | $962,500 | $818/ft² | November 19, 2025 | City record |
| 207 (Apartment) | 1 | 646 | $980,000 | $1,517/ft² | November 18, 2025 | City record |
| 621 (Apartment) | Studio | 461 | $700,000 | $1,518/ft² | November 3, 2025 | City record |
| 725 (Apartment) | 2 | 1,296 | $1,895,000 | $1,462/ft² | October 10, 2025 | City record · MLS |
| 815 (Apartment) | 2 | 1,069 | $1,650,000 | $1,543/ft² | September 17, 2025 | City record · MLS |
| 1101 (Apartment) | 2 | 1,308 | $1,999,000 | $1,528/ft² | August 25, 2025 | City record · MLS |
| 809 (Apartment) | 1 | 720 | $1,150,000 | $1,597/ft² | August 15, 2025 | City record |
| 317 (Apartment) | 1 | 641 | $950,000 | $1,482/ft² | August 7, 2025 | City record · MLS |
| 1410 (Apartment) | 2 | 1,054 | $1,715,000 | $1,627/ft² | July 8, 2025 | City record · MLS |
| 803 (Apartment) | 1 | 654 | $999,000 | $1,528/ft² | July 7, 2025 | City record · MLS |
| M2 (Apartment) | 3 | 2,632 | $3,630,000 | $1,379/ft² | June 18, 2025 | City record · MLS |
| 428 (Apartment) | 2 | 1,175 | $1,772,500 | $1,509/ft² | May 19, 2025 | City record · MLS |
| 1402 (Apartment) | 2 | 1,181 | $1,985,000 | $1,681/ft² | March 26, 2025 | City record · MLS |
| 618 (Apartment) | 1 | 646 | $980,000 | $1,517/ft² | March 25, 2025 | City record |
| 526 (Apartment) | 1 | 763 | $999,550 | $1,310/ft² | November 22, 2024 | City record |
| 707 (Apartment) | 1 | 646 | $985,000 | $1,525/ft² | October 3, 2024 | City record |
| 805 (Apartment) | 1 | 646 | $980,000 | $1,517/ft² | September 4, 2024 | City record |
| 1302 (Apartment) | 2 | 1,181 | $1,985,000 | $1,681/ft² | August 9, 2024 | City record · MLS |
| 1415 (Apartment) | 2 | 1,052 | $1,775,000 | $1,687/ft² | August 7, 2024 | City record · MLS |
| 220 (Apartment) | Studio | 513 | $800,000 | $1,559/ft² | July 26, 2024 | City record · MLS |
| 203 (Apartment) | 1 | 654 | $930,000 | $1,422/ft² | July 25, 2024 | City record · MLS |
| 807 (Apartment) | 1 | 646 | $980,000 | $1,517/ft² | June 21, 2024 | City record · MLS |
| 316 (Apartment) | Studio | 452 | $720,000 | $1,593/ft² | April 30, 2024 | City record |
| 1519 (Apartment) | — | 1,573 | $2,600,000 | $1,653/ft² | April 10, 2024 | City record |
| 309 (Apartment) | 1 | 720 | $934,000 | $1,297/ft² | December 28, 2023 | City record |
| 803 (Apartment) | 1 | 654 | $982,000 | $1,502/ft² | November 16, 2023 | City record |
| 325 (Apartment) | 2 | 1,165 | $1,757,500 | $1,509/ft² | November 8, 2023 | City record · MLS |
| 903 (Apartment) | 2 | 995 | $1,530,000 | $1,538/ft² | November 2, 2023 | City record |
| 902 (Apartment) | 2 | 1,181 | $1,910,000 | $1,617/ft² | September 28, 2023 | City record |
| 222 (Apartment) | 1 | 835 | $1,075,000 | $1,287/ft² | September 14, 2023 | City record |
| 206 (Apartment) | 1 | 788 | $960,000 | $1,218/ft² | August 28, 2023 | City record · MLS |

Showing the 40 most recent of 77 recorded sales in this period.

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

- **Last sold price**: $980,000
- **Median sold price**: $980,000
- **Difference**: $0
- **Last sold, $/ft²**: $1,538
- **Median $/ft²**: $1,467
- **Comparable sales**: 25
- **Sales from**: April 2022 – July 2026
- **Middle half of those sales**: $960,000 – $999,550

Based on one-bedroom sales at 550 Vanderbilt Avenue.

### How these sales were negotiated

- **Sale-to-list price**: 98.2% (7 sales)
- **Sold below asking**: 71% (7 sales)
- **Typical time to find a buyer**: 56 days (15 sales)
- **Typical time to close**: 68 days (13 sales)

Based on one-bedroom sales at 550 Vanderbilt Avenue with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

### Price trend

Median price per square foot, sales at 550 Vanderbilt Avenue

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2017 | $1,337/ft² | 156 |
| 2018 | $1,377/ft² | 54 |
| 2019 | $1,313/ft² | 28 |
| 2020 | $1,278/ft² | 8 |
| 2021 | $1,399/ft² | 15 |
| 2022 | $1,403/ft² | 18 |
| 2023 | $1,509/ft² | 19 |
| 2024 | $1,542/ft² | 10 |
| 2025 | $1,518/ft² | 15 |
| 2026 YTD | $1,592/ft² | 6 |

Based on recorded sales at 550 Vanderbilt Avenue. 2026 is year-to-date.

Sales data through August 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 550 Vanderbilt Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/550-vanderbilt-avenue)

## Price and Property History for 550 Vanderbilt Avenue, Unit 702

Review the recorded listing activity for 550 Vanderbilt Avenue, Unit 702, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $18,000, or 1.8%, on August 11, 2026
- **Originally listed**: November 18, 2025 at $998,000
- **Last sold (recorded)**: $980,000 on July 2, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| July 2, 2026 | $980,000 | Sold — recorded sale price |
| August 11, 2026 | $980,000 | Asking price reduced by $18,000, or 1.8% |
| August 9, 2026 | $980,000 | Entered contract |
| July 2, 2026 | $980,000 | Sold — recorded sale price |
| May 6, 2026 | $998,000 | Entered contract |
| April 7, 2026 | $998,000 | Returned to the market |
| November 18, 2025 | $998,000 | Listed for sale by Compass |
| October 25, 2017 | $860,000 | Sold — recorded sale price |
| June 16, 2017 | $890,000 | Listed for sale by The Corcoran Group |

## Property Tax History

Taxes at 550 Vanderbilt Avenue #702 were $281 in 2026.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $94,763 | $3,336 | $91,427 | $94,763 | $281 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $81,467 | $3,336 | $78,131 | $81,467 | $281 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $76,654 | $3,336 | $73,318 | $76,654 | $281 | 12.5% |
| 2023 (FY 2023/24) | $73,086 | $3,336 | $69,750 | $73,086 | $281 | 12.502% |
| 2022 (FY 2022/23) | $70,887 | $3,336 | $67,551 | $70,887 | $276 | 12.267% |
| 2021 (FY 2021/22) | $60,546 | $3,336 | $57,210 | $60,546 | $275 | 12.235% |
| 2020 (FY 2020/21) | $68,307 | $3,336 | $64,971 | $68,307 | $276 | 12.267% |
| 2019 (FY 2019/20) | $65,941 | $3,336 | $62,605 | $60,536 | $281 | 12.473% |
| 2018 (FY 2018/19) | $59,863 | $3,336 | $56,527 | $59,034 | $284 | 12.612% |
| 2017 (FY 2017/18) | $32,759 | $3,336 | $29,423 | $31,674 | $4,029 | 12.719% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 3011291144. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 550 Vanderbilt Avenue

Prospect Heights · Duplex

550 Vanderbilt Avenue, Brooklyn, NY 11238

A building in Prospect Heights, currently featuring 2 active listings.

- **Year Built**: 2016
- **Active Units**: 2
- **Floors**: 17

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/550-vanderbilt-avenue)

### Available Residences — For Sale (3)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [203](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/550-vanderbilt-avenue-203-ny-11238) | 1 | 1 | 654 sqft | $1,526 | $998,000 | Brown Harris Stevens Brooklyn LLC | Aug 13, 2026 | 34 days |
| [628](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/550-vanderbilt-avenue-628-ny-11238) | 3 | 4 | 2,480 sqft | $1,692 | $4,195,000 | Brown Harris Stevens Residential Sales LLC | Sep 8, 2026 | 8 days |
| [720](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/550-vanderbilt-avenue-720-ny-11238) | 1 | 1 | 646 sqft | $1,545 | $998,000 — In contract | Jade Stone Real Estate Consulting Inc | May 31, 2026 | 108 days |

### Recently Sold (3)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [702](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/550-vanderbilt-avenue-702-ny-11238) | 1 | 1 | 637 sqft | $1,538 | $980,000 | Compass | Apr 7, 2026 | Jul 2, 2026 |
| [326](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/550-vanderbilt-avenue-326-ny-11238) | 1 | 1 | 763 sqft | $1,307 | $997,000 | UNDIVIDED INC | Apr 14, 2026 | Aug 7, 2026 |
| [1310](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/550-vanderbilt-avenue-1310-ny-11238) | 2 | 2 | 1,054 sqft | $1,689 | $1,780,000 | Evergreen 88 Real Estate LLC | Jul 10, 2026 | Aug 28, 2026 |

## Prospect Heights

Overview of Prospect Heights

[Explore Prospect Heights](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-heights) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Prospect Heights

- [Park Slope real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/park-slope)
- [Clinton Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/clinton-hill)
- [Fort Greene real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/fort-greene)
- [Boerum Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/boerum-hill)
- [Prospect Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-park)
- [Gowanus real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/gowanus)

## Related Links

- [550 Vanderbilt Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/550-vanderbilt-avenue)
- [Prospect Heights neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-heights)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> 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.