The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$998,000
550 Vanderbilt Ave Apt 207
Brooklyn, NY, 11238
View more Brooklyn, NY property pages1Beds
1Baths
643Sqft
$1552$/sqft
Listing Notes
INVESTORS ONLY - Tenant pays $4, 800Spacious 1-bedroom apartment featuring gorgeous 11-foot ceilings, a marble bathroom with a full-size washer and dryer, and a large open kitchen with top-of-the-line appliances. Boasting beautiful wood floors throughout, ample closet space including a walk-in closet, electric blinds, and central air conditioning. This apartment overlooks a lush backyard, offering a tranquil retreat.
Market Insights
Above nearby median+33%
$1552/sqft vs a nearby median of $1167/sqft.
Nearby median$1167/sqft
Nearby properties12
Property size643 sqft
- +33% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 643 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$758k$700k – $816k · 63% confidence
vs ask $998k+$240k (+24.0%)
Asking price is about 24.0% above where comps + adjustments land — there is room to negotiate.
$1,167/sqft median across 7 tight comps × 643 sqft= $750k
- Days-on-market gravity−$22k −3.0%
- Transit access+$19k +2.5%
- Modern construction+$11k +1.5%
Cumulative NYC adjustments+$8k+1.0%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 419 days
- Last price change
- No change recorded
- Listed
- Mar 19, 2025
- Photos
- 10 photos
- Property type
- condos
- Status
- for sale
- Last sold
- Dec 9, 2025 · $980,000
Features & Amenities
ParkLaundry RoomNew ConstructionViewModern KitchenLarge KitchenOpen KitchenHigh CeilingRental Property
Photos
Building Facts
- Year built
- 2017
- Stories
- 18
- Total units
- 281
- Residential units
- 278
- Building area
- 6.16 ac
- Lot size
- 39,392 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- RM
From NYC public records where available.
Price History
May 4, 2026Initial record
$998,000for sale
Public Records
DOB violations0 open
21 total recorded against the building
HPD violations0 open
1 total recorded
ACRIS documents0
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)34,249
Top: illegal parking
Top complaint types in ZIP 11238
- Illegal Parking6,169
- HEAT/HOT WATER3,070
- Noise - Residential2,038
- Noise - Helicopter1,915
- Noise - Street/Sidewalk1,385
Recent DOB
- Jan 13, 2021V*-DOB VIOLATION - DISMISSED · C-CONSTRUCTION OTHER OPTIONAL
- Jan 12, 2021V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Jan 7, 2020V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Jan 7, 2020V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
Recent HPD
- Apr 20, 2021Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.