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550 Vanderbilt Avenue, #M2

$4,595,000 ($1,746 per ft2) | 3 beds, 3.5 baths | Approx. 2,632 ft2
Building Profile  | 
67 days on Market

Key Details

  • Listed: Sep 11, 2024
    Days on Market: 67
    Building Type: Condominium
    Neighborhood: Prospect Heights (Brooklyn)
    Doorman: FT Doorman
Monthly Common Charges: $3,432
Monthly Real Estate Taxes: $97
Total Taxes & Fees: $3,529 ($1.34/ft2)
Est. Monthly Mortgage: $24,383
Total Est. Monthly Carrying Cost: $27,912 ($10.60/ft2)
Note: the above is based on a down payment of 20% ($919,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Full-Service Condominium: The building is a full-service condominium with a 24-hour doorman and live-in resident manager. Built in 2017, it houses 278 apartments across 17 floors.
  • Exceptional Amenities: The condominium offers over 10,000 sqft of amenities including a fitness center, resident’s lounge, children’s playroom, pet grooming station, bike storage, and a rooftop terrace. It also provides access to Pacific Park with a children’s play area, dog run, fountains, and open green space.
  • High-End Interiors: The residence features high ceilings and wide-plank white-washed oak floors. The eat-in kitchen is equipped with top-of-the-line Miele appliances, and there are three large en-suite bedrooms and a vented laundry closet.
  • Financial Benefits: The property comes with a 25-year tax abatement promising low carrying costs, making it a financially sound investment.
  • Prime Location: This spacious 3-bedroom, 3.5-bathroom residence is located in the vibrant Prospect Heights neighborhood, with close proximity to restaurants, bars, cafes, retail shopping, major train lines, and Barclays center. The residence also offers private parking and a storage unit.
  • Eco-Friendly Building: The building is LEED Silver certified, reflecting its commitment to eco-friendly features and sustainable living.

Description

Townhouse comfort. Condominium convenience.

This expansive, 3-bedroom, 3.5-bathroom residence perfectly blends townhouse living and a full-service condo right off the vibrant retail corridor in Prospect Heights. This Masionette is equipped with your own private entrance with large entry foyer off Dean St, private in-unit elevator, top of the line finishes throughout, 24-hour doorman, live-in resident manager, over 10,000sqft of amenities, an incredible park space right out the door, parking available, a storage unit, and a25 YEAR TAX ABATEMENTwhich promise low carrying costs for years to come.

This sun drenched south facing residence with lofty ceilings height designed using a palette of natural, organic elements with an array of sophisticated fixtures and finishes. The contemporary open layout is complimented by wide-plank white-washed oak floors that seamlessly flow from room to room along with oversized windows that capture the southern light over the two floors.

As you enter the private Dean Street entrance you are greeted by the large entry foyer with built-in cabinets and benches.

On the first floor you have a large south facing living room and dining area along with a beautiful eat-in kitchen equipped with Miele appliances, a powder room, and the entrance into the condo amenities and the doorman to receive your packages.

Up the interior staircase with the dramatic double-height ceiling, you are on the second floor with three large en-suite bedrooms. Tucked into the hallway corner is your vented laundry closet with additional storage for dry goods. The oversized primary suite is designed with a large built out walk-in closet along with a beautifully appointed five-fixture bath with deep soaking tub and dual vanity.

This premier full-service building has over 10,000 square feet of amenities including white-glove 24-hour door service, a library off the lobby by McNally Jackson, state of the art fitness center, a resident’s lounge with full-service catering kitchen and dining, children’s playroom, pet grooming station, bike storage, and an exceptional rooftop terrace and skyline views.

Right out the door you have access to the newly opened portion of Pacific Park with a children’s play area, dog run, fountains, Chelsea Piers field house, and open green space for enjoying the outdoors in your little slice of Prospect Heights heaven.

550 Vanderbilt Ave is perfectly situated at the Northern end of the avenue anchored by Grand Army Plaza and Prospect Park to the South. Vanderbilt Ave is home to some of the best restaurants, bars, cafes, and retail shopping you could ask for along with all major train lines nearby and Barclays center only 2 blocks away.

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Apartment Amenities

  • Southern Exposures
Listing courtesy of Serhant

Pricing History

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About 550 Vanderbilt Avenue

83

550 Vanderbilt Avenue has received a CityRealty Rating of 83, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

31
Out of 44
+
26
Out of 36
+
17
Out of 39
+
9
=
83
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
No Canopy 1 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Free Standing 2 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
A Lot 0 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
More than 15 0 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Garden
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Mail Room
  • Children's Playroom
  • Lounge
  • Fitness Center
  • Rooftop Terrace
  • On-Site Parking
  • Outdoor Entertainment Space
  • Courtyard
  • Laundry Room
  • Bike Room
  • Game Room
  • LEED Accreditation
  • Library
  • Live-In Superintendent
  • Pet Grooming / Pet Services
  • Terraces / Balconies

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Pros
  • Sidewalk landscaping
  • Library
  • Fitness center
  • Part of huge project with more than 6
  • 400 apartments planned
  • Near public transportation
  • Near Barclays Center
  • Near the Brooklyn Academy of Music
  • Roof terrace
  • Bicycle room
  • Live-in superintendent
  • Garage
  • Adjacent to new park
  • Close to Subway
Cons
  • Many apartments
  • Considerable traffic
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Subways

  1. C
at Clinton Ave and Fulton Ave 0.24 miles
  1. B
  2. Q
at Flatbush Ave and Park Pl 0.31 miles
  1. 2
  2. 3
at Flatbush Ave 0.36 miles

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