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550 Vanderbilt Avenue #1203

$1,575,000

For Sale

In contract 11/3/2025

995 ft²

$1,582 per ft²

5 rooms

2 beds

2 baths

Condo
Prospect Heights
Resale

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Listing by Jade Stone Real Estate INC, Real Estate Principal Office, 1460 Broadway1, New York, NY 10036

Common charges

$1,372/mo

Estimated payment

$9,477/mo

Taxes

$37/mo

Tax abatement

421a expires in 2043

About

Seller’s agent

Anne Chang

Licensed Real Estate Broker

Jade Stone Real Estate INC

description

THE ULTIMATE PROSPECT HEIGHTS INVESTMENT: A Sun-Drenched 2BR with Southern Open Views, Major Price Drop & Powerful 421-A Savings + Private Storage!

This is the opportunity you have been waiting for.
Now offered at $1,575,000 after a major price improvement, Residence 1203 is an exceptional investment and the undisputed value leader in 550 Vanderbilt, Prospect Heights' most popular luxury condominium.

Policies

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Home features

Central air
Dishwasher
Hardwood floors
View
City, Garden, Skyline, Water
Washer/dryer

Building amenities

Services and facilities

Bike room
Concierge
Doorman
Full-time
Elevator
Laundry in building
Live-in super
Package room
Storage space
Locker/cage
Wheelchair access

Wellness and recreation

Children's playroom
Gym
Media room

Shared outdoor space

Roof deck

About the building

550 Vanderbilt Avenue

550 Vanderbilt Avenue, Brooklyn, NY 11238

Condo building inProspect Heights

278 units

17 stories

2017 built

For sale

6 available units for sale

For rent

2 available units for rent

Documents and permits

View documents and permits

Learn more about 550 Vanderbilt Avenue

Property history

Price Change: ↓ $73,000 (-4.4%) on 8/14/25
Days on market: 88 days

Date	Price	Event
11/3/2025	$1,575,000	In contract
8/14/2025	$1,575,000	Price decreased by 4%
8/14/2025	$1,648,000	Listed by Jade Stone Real Estate INC
8/12/2025	$1,648,000	Temporarily off market
8/6/2025	$1,648,000	Delisted by Jade Stone Real Estate INC

Past listing photos

10/29/2018

Explore Prospect Heights

Transit

Location	Distance
at Clinton & Washington Avs	0.23 miles
at 7th Av	0.29 miles
at Bergen St	0.33 miles
at Grand Army Plaza	0.38 miles
at Lafayette Av	0.42 miles

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About Prospect Heights

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

2 beds

$1.55M

RentalsMedian asking base rent

2 beds

$5,600

Prospect Heights offers a vibrant mix of old and new Brooklyn. Often referred to as a fallback for people unable to afford Park Slope, the area has recently become known for its own unique personality - as well as its rising real estate value. The commercial strips of Vanderbilt and Washington Avenues offer a mix of bodegas and inveterate neighborhood standbys next to a new spate of hipster-centric bars and restaurants. Turn down any side street, however, and you can encounter gorgeous old brownstones surrounded by quiet greenery.

Learn more about Prospect Heights