New York City Real Estate | 25 yrs TAX ABATEMENT, High End Luxury Condo, sunny with great view

New York City Apartment Description

TAX ABATEMENT – 25 year 421A Tax abatement in place till 2040! The monthly tax is only $35!!
Welcome to 550 Vanderbilt – the most popular luxury condo in Prospect Heights.

THE beautiful sun-flooded south facing 2 Bedroom, 2 full Bathroom comes with great view, high ceiling, walk-in closet and over-sized double-pane windows. Contemporary open, split bedroom layout is complimented by wide-plank white-washed oak floors. The sublime kitchen offers custom gray lacquer cabinetry, white Carrara marble counter tops and back splash, a suite of fully integrated Miele appliances, including a vented cook top hood. The bathrooms features with double sinks in Master en-suite and stainless-steel Grohe fixtures, light Carrara marble, spacious walnut vanity, a soaking tub and a shower. Additionally, there is a vented LG washer/dryer closet and central climate control system in unit.

Designed inside and out by celebrated architect COOKFOX. The building is a Silver LEED building. Residents will enjoy 10,000 square feet of amenities including white-glove, 24 hour door service, a library by McNally Jackson, fitness center by The Wright Fit, lounge with catering kitchen, Children’s playroom, pet wash station, bike storage, an amazing rooftop terrace with communal gardens and breathtaking city views.

This building has a short distance to Prospect Park, Barclay Center, Atlantic Center shopping mall, Brooklyn’s Botanical Garden and Brooklyn Bridge Park. In addition, you are surrounded by 5 historical Brooklyn neighborhoods, cultural landmarks, and a transportation hub ready to take you anywhere. Quick access to Manhattan with 11 subways nearby including B/C/Q/2/3/4/5/G/D/N/R and also to the LIRR. 550 Vanderbilt is a condominium like no other, providing its residents with an extraordinary opportunity to connect with the community and nature, all in the very heart of Brooklyn, New York City’s most exciting borough.

Tenant in place till 11/30/2021, $5200 as the current rent.