---
title: "550 Vanderbilt Avenue #720, Brooklyn, NY 11238"
description: "550 Vanderbilt Avenue #720, Brooklyn, NY 11238 — NYC real estate listing on Real Estate Rebate Team. Priced at $998,000. Est. potential buyer savings up to $24,950 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/550-vanderbilt-avenue-720-ny-11238"
source: "Real Estate Rebate Team"
---

# 550 Vanderbilt Avenue #720, Brooklyn, NY 11238

> **Listing Courtesy of:** Jade Stone Real Estate Consulting Inc

## Description

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 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.

## Property Details

- **Price**: $998,000
- **Potential Buyer Rebate**: $24,950
- **Bedrooms**: 1
- **Bathrooms**: 1
- **Living Area**: 646 sqft
- **Property Type**: Residential
- **Year Built**: 2017
- **Building**: 550 Vanderbilt Avenue
- **Neighbourhood**: Prospect Heights
- **Area / Borough**: Brooklyn
- **Subdivision**: Prospect Heights
- **Listing Office**: Jade Stone Real Estate Consulting Inc
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$24,950** 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

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/brooklyn/550-vanderbilt-avenue)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/brooklyn/prospect-heights)
- [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)

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> 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.