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One-Bedroom Residential Income Property

550 VANDERBILT Avenue 421, Brooklyn, NY 11238

For Sale
$999,000

The 703-square-foot residence includes a washer and dryer, central air conditioning, and access to building amenities.

Property Size703 SF
Price / SF$1,421
Days on Market18

Property Features for 550 VANDERBILT Avenue 421

General Information

Standard status Active
Size 703 SF
Property subtype Apartment

Taxes and HOA fees

Annual Taxes $312

Building Details

Building Size 703 SF
Year Built 2016
Listing Agency: Brown Harris Stevens Residential Sales LLC
Listed By: Matthew Cohen
Source: Carlinwright
Added: Oct 29 Changed: Nov 4 Last Checked: Nov 14 at 1:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brown Harris Stevens Residential Sales LLC

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Investment Insights

Based on property information with market context.

Residence 421 is a one-bedroom condominium in a full-service building completed in 2016. The 703-square-foot home has eastern exposure, high ceilings, oversized windows, and an open layout. Its kitchen features integrated Miele appliances and Carrara marble counters and backsplash. The bedroom has a walk-in closet and a second closet; the bathroom includes a soaking tub. A washer and dryer, central air conditioning, and two exterior planters are also included.

Building amenities span approximately 10,000 square feet and include a fitness center, residents’ lounge, library, children’s playroom, and landscaped rooftop terrace with communal gardens. The property is in Prospect Heights, near Prospect Park, the Brooklyn Botanic Garden, Barclays Center, restaurants, cafés, parks, cultural destinations, and multiple transportation options. A 421A tax abatement is in place through 2043.

Key Highlights

  • 703‑square‑foot, one‑bedroom residence with eastern exposure
  • Completed in 2016
  • Full‑service building with approximately 10,000 square feet of amenities

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

7,140
Businesses Nearby

Demographics for 11238, NY

60,090
Population
29,588
Households
2
Avg Household Size
35
Median Age
71%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
33,383
Density / Sq Mi
$132,957
Median Household Income
$85,179
Median Earnings
$2,511
Median Rent
$1,146,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Residential income properties in Brooklyn, NY

$726 Jul
$714 Aug
$726 Sep
$690 Oct

Properties on Market for Residential income properties in Brooklyn

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - The 703-square-foot residence includes a washer and dryer, central air conditioning, and access to building amenities.
Where is this residential income property located?
The property is located at 550 VANDERBILT Avenue 421 Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 703‑square‑foot, one‑bedroom residence with eastern exposure; Completed in 2016; Full‑service building with approximately 10,000 square feet of amenities
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