25 Year Tax Abatement with 19 years remaining!!
Welcome home to residence 1508, one of the largest 2-bedroom, 2.5 bath homes at 550 Vanderbilt spanning over 1500sf. This massive corner apartment has northwestern exposure and unobstructed stunning Manhattan skyline views from the oversized living room and primary bedroom. With 10 foot ceilings, 7 inch wide plank oak flooring, floor to ceiling windows and an excellent split 2-bedroom layout, this one is not to be missed!
The chef's kitchen features all Miele appliances, custom grey lacquer and black cabinets, Carrara marble countertops and an oversized island. The hood that vents out of the building and the deep sink features a garbage disposal for added functionality. Custom bench sitting and a custom dining table fit perfectly and maximize the living room space.
The primary king-sized bedroom features north exposure with city views, a custom walk-in closet with lighting and a spa-like marble clad ensuite bathroom with custom walnut double vanity, a huge mirrored medicine cabinet, walk-in shower and linen closet. The second bedroom is nearly as large as the primary and also has a walk-in closet and an ensuite bathroom with handmade tile from Spain and a deep soaking tub.
Off the entryway, you will find an elegant marble clad powder room for guests, an oversized coat closet and a large side-by-side vented washer and dryer. A large storage unit is also included in this purchase of this unit.
Situated in Pacific Park Brooklyn, a groundbreaking 22-acre development by Frank Gehry in Prospect Heights and designed by COOKFOX, 550 Vanderbilt provides rare access to 350,000 square feet of green space with various outdoor facilities. Residents enjoy 10,000 square feet of top-tier amenities, including 24-hour door service, a McNally Jackson library, a Wright Fit gym, resident lounge with catering kitchen, playroom, pet spa, and a rooftop terrace with grills, gardens and city views.
With its 25-year tax abatement, the exceptionally low real estate taxes at this 550 Vanderbilt residence are a major draw and offer a significant financial advantage to the savvy buyer with a discerning eye. Don't miss this special unit which rarely comes on the market!
*Some photos are virtually staged.
Active
$2,500,000
550 Vanderbilt Ave APT 1508, Brooklyn, NY 11238
2beds
1,502sqft
Condominium
Built in 2017
-- sqft lot
$2,470,400 Zestimate®
$1,664/sqft
$2,105/mo HOA
What's special
Floor to ceiling windowsCorner apartmentMiele appliancesOversized islandCustom walk-in closetDeep soaking tubNorthwestern exposure
- 22 days
- on Zillow |
- 250 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: May 14, 2025 at 01:50pm
Listing by:
Compass 646-675-5186,
Ivy Kramp
Source: StreetEasy,MLS#: S1767581
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Open house
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Bike Room, Childrens Playroom, Recreation Room
Cooling
- Central Air
Appliances
- Included: Dishwasher, Washer/Dryer
Features
- Flooring: Hardwood
Interior area
- Total structure area: 1,502
- Total interior livable area: 1,502 sqft
Property
Features
- Has view: Yes
- View description: City, Skyline
Details
- Parcel number: 011291258
- Special conditions: Resale
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Year built: 2017
Community & HOA
Community
- Features: Doorman
- Security: Doorman
- Subdivision: Prospect Heights
HOA
- Has HOA: Yes
- Amenities included: Fitness Center
- Services included: Maintenance
- HOA fee: $2,105 monthly
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $1,664/sqft
- Tax assessed value: $401,459
- Annual tax amount: $660
- Date on market: 4/25/2025
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