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In Contract

550 Vanderbilt Avenue, #220

$800,000 ($1,559 per ft2) -5.9% | Studio, 1 bath | Approx. 513 ft2
View Full Building Profile  | 
61 days on Market

Key Details

  • Listed: Mar 28, 2024
    Last Price Change: -5.9% ($50,000) on May 20
    Days on Market: 61
    Building Type: Condominium
    Neighborhood: Prospect Heights (Brooklyn)
    Doorman: FT Doorman
Monthly Common Charges: $643
Monthly Real Estate Taxes: $19
Total Taxes & Fees: $662 ($1.29/ft2)
Est. Monthly Mortgage: $4,327
Total Est. Monthly Carrying Cost: $4,989 ($9.73/ft2)
Note: the above is based on a down payment of 20% ($160,000), which is the minimum amount permitted by the building.

Description

MORE THAN A STUDIO !!!520sf Large Studio with Alcove in 550 Vanderbilt, a full-service luxury condo building in the heart of Prospect Heights, Brooklyn. Located on the 2nd floor, this spacious and bright studio has an 11-FOOT CEILING with large, oversized windows. Facing west above the tree line, you can enjoy the greenery of the garden.

The modern kitchen has marble countertops, gray lacquer cabinets offering plenty of storage, and a Miele appliance package, including a VENTED cooktop hood. Bosch washer/dryer closet. Plus, a spacious WALK-IN CLOSET.Next to Pacific Park’s 8-acres of open space, residents will enjoy over 10,000 square feet of amenities, including a 24/7 concierge, a library, a fitness center featuring Peloton Bikes, lounge with catering kitchen & private dining room, children’s playroom, pet grooming station, and a rooftop terrace with communal gardens, gas grills and breathtaking city views.Easily walk to major subway lines (C, 2,3, B,Q), Barclay Center, and LIRR at Atlantic Terminal.

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Listing courtesy of Corcoran Group

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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