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550 Vanderbilt Avenue, #721

Listing no longer available on CityRealty as of Mar 6, 2021
It previously was on the market for a total of 562 days.
Last Sold on Apr 21, 2023 for $700,000
Studio, 1 bath | Approx. 461 ft2
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9 apartments are currently available in this building.
562 days on Market

Pricing History

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Key Details

  • Listed: Aug 22, 2019
    Last Price Change: -0.2% ($1,000) on Feb 21
    Days on Market: 562
    Building Type: Condominium
    Neighborhood: Prospect Heights (Brooklyn)
    Doorman: FT Doorman
    Listing viewed 178 times
Monthly Common Charges: $519
Monthly Real Estate Taxes: $17
Total Taxes & Fees: $536 ($1.16/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $4,113 ($8.92/ft2)
Note: the above is based on a down payment of 20% ($129,800), which is the minimum amount permitted by the building.

Description

An Excellent Investment property to be had! *** 25-year 421A Tax abatement in place till 2040 and a Quality tenant in place till 6/30/2021.

An east-facing studio with bright open extended view to Vanderbilt Ave and beyond. Apt 721 is a beautiful home & excellent investment with low monthly in the most brand new luxurious condominium 550 Vanderbilt in a historic Prospect Heights neighborhood!

This beautiful, bright and spacious studio home has the highest ceiling than other floors. It also features chestnut floors, as well as wide, double-pane windows with eastern exposure. The kitchen has marble countertops, amble cabinet space, storage, pantry, and is completed with premium Miele appliances and a dishwasher.

The bedroom has a spacious walk-in closet and plenty of room. The bathroom features Carrara marble and a walnut vanity. Washer/dryer in unit as well.

550 Vanderbilt is Prospect Heights newest and Best luxury condominium just completed in 2017.

Residents enjoy the best in modern amenities in the heart of historic Brooklyn neighborhoods. Adjoining Pacific Parks 8-acres of open space, residents will enjoy over 10,000 square feet of amenities, including a 24/7 concierge, library, lounge, dining room, catering kitchen, outdoor entertaining, childrens playroom, storage, landscaped roof deck, dining alcove, outdoor kitchen, communal gardens with farming on the roof terrace, gas grills, storage, and a fitness center by The Wright Fit featuring Peloton Bikes and private studios.

Convenient to several major subway lines (C, 2,3, B,Q), Barclay Center, and Atlantic Terminal.

Tons of fine dining and shops just steps away. Prospect Heights is now a highly desired neighborhood!

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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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Other Apartments Available in this Building (4)

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