The Smartest Entry into Brooklyn's Premier Luxury Lifestyle: A Beautiful & Bright Studio with LOW monthly & Tax Abatement till 2043!
Best Value in the Building:
The 421a "Superpower": A transformative tax abatement is in place until 2043, offering nearly two decades of dramatically reduced property taxes.
Ultra-Low Carrying Costs
World-Class Amenity Package
Prime Prospect Heights Location
Unrivaled Transportation Hub
Prestigious Design Pedigree
Turnkey & Move-in Ready
Investment Grade Asset
Stop renting and start building equity for less. Or Place your investment in secured asset! ~ This is your rare opportunity to own a piece of 550 VanderbiltProspect Heights' most sought-after addresswith carrying costs lower than most new buildings.
Unit 212 is a bright and beautifully designed studio that offers more than just a home; it offers a financial superpower: a 421a tax abatement in place until 2043, reducing your monthly taxes to virtually zero.
Designed by the acclaimed COOKFOX Architects, this 446 sq. ft. home is a testament to intelligent design. Oversized windows flood the space with natural light, highlighting the wide-plank oak floors. The chef's kitchen features fully integrated Miele appliances, while the spa-like bathroom boasts Carrara marble and a custom walnut vanity. An in-unit washer/dryer completes this perfect picture of convenience.
Your living space extends to over 10,000 sq. ft. of world-class amenities. Work from the McNally Jackson-curated library, entertain in the residents' lounge, or grill on the panoramic rooftop terrace. Stay active in The Wright Fit fitness center, complete with Peloton bikes and a yoga studio. With a 24/7 concierge, pet spa, and children's playroom, every need is anticipated.
Situated at the nexus of culture and convenience in #1 of America's "hottest neighborhoods in 2025" (Redfin), you are steps from the 8-acre Pacific Park, Barclays Center, Prospect Park, and a dozen subway lines. This is the epicenter of modern Brooklyn.
Priced to sell immediately. Do not miss the best value in 550 Vanderbilt. Contact us today for a private showing.