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The ultimate prospect heights investment: a sun-drenched beautiful 2br condo with southern open views, major price drop & powerful 421-a savings + private storage!
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. With ultra-low monthlies (at $1. 42/sf!), the financial power of this home is extraordinary, making this the smartest buy on the market.
this is an investment-grade asset with an undeniable competitive edge:
" the most attainable value: the lowest-priced 2-bedroom, 2-bathroom residence in 550 vanderbilt.
" powerful tax advantage: a 421-a tax abatement is in place until 2043, slashing your monthly property taxes and providing dramatic savings.
" ultra-low carrying costs: with incredibly low taxes and reasonable common charges, the monthly cost of ownership is exceptionally low.
" a bonus private asset: a deeded storage unita coveted amenity valued at over $30,000is included in the sale.
" prestigious design & amenities: an acclaimed cookfox design pedigree and an amazing amenity package ensure a world-class living experience.
inside this beautiful, sun-filled home with southern exposure and open views, 10-foot ceilings and wide-plank chestnut floors enhance the bright and airy atmosphere. [5] the home features a spacious living room and a primary en-suite bedroom. The gourmet kitchen is appointed with premium miele appliances and carrara marble, perfect for the modern chef, and includes an in-unit washer and dryer.
550 vanderbilt is recognized as the most sought-after condominium in prospect heights. Your living space extends to over 10,000 sq. Ft. Of amenities, including white-glove, 24-hour service, a library by mcnally jackson, a fitness center by the wright fit, a lounge with a catering kitchen, a childrens playroom, and an amazing rooftop terrace with communal gardens and breathtaking city views.
situated at the nexus of culture and convenience in what redfin named one of america's "hottest neighborhoods in 2025," you are steps from the 8-acre pacific park, barclays center, prospect park, and an unrivaled transportation hub with 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.
Data is provided by The Real Estate Board of New York, Inc..