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550 Metropolitan Ave #Pha, Brooklyn, NY, 11211

3beds
3baths
1,648sqft
$2,250,000
$1,365price/sqft
$12,997/moest. monthly cost
$519,880/yrincome needed

About This Home

Stand out design and luxury are uniquely combined in this stunning 2-bedroom plus home office, three-bathroom, full floor, key-locked elevator penthouse in one of the most exclusive boutique buildings in Williamsburg. The exceptional residence is bathed with sunlight throughout, and exemplifies contemporary Brooklyn style living. Designed by Veronica Mishaan with beautiful features such as GRATO engineered hardwood floors, high ceilings, oversized windows with skyline views, an in-unit washer/dryer, a private refuse room and central air conditioning. The layout is graced with an intuitive flow and an open concept kitchen with an eat-in peninsula, sleek white quartz countertops and backsplashes, custom soft-close ash veneer cabinets, and a suite of fully integrated high-end Bosch appliances. The open and airy living/dining spaces are connected to a hallway leading to the bedroom wing of the home. Equally impressive is the primary bedroom with a dressing room area, wall of custom fitted closets and a spa-like ensuite bath with a walk-in shower, a deep soaking tub, and a custom dark ash veneer double vanity with honed travertine countertops and a brushed nickel Kohler faucet. All three bathrooms are designed with sophisticated earthy tones and a calming neutral color palette. 550 Metropolitan Avenue is a boutique condominium with only 6 stories and 9 units. The building offers the convenience and lifestyle of Brooklyn’s trendiest neighborhood as well as core amenities a fully furnished common rooftop deck with outdoor kitchen great for hosting parties with its exceptional skyline views, bicycle storage, and a virtual doorman system. It is surrounded by a wide range of trendy restaurants, bars, cafés, and shops, and it is a short walk to McCarren Park. Greenpoint and East Williamsburg are also close by. The L subway line is down the block, and the G line is around the corner. Taxes reflect a ~17.5% primary residency abatement, to be approved.

Getting Around

98
WalkingWalker's Paradise
0
TransitVery Limited Transit
92
BikeBiker's Paradise

Schools

Construction

Condition

  • Year built: 2021

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Cooling

  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,648
  • Total interior livable area: 1,648 sqft

Property

Details

  • Special condition: Resale

Features

  • Has view: Yes
  • View description: City,Skyline

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,377$136,524
Home Insurance *$298$3,576
Property Taxes $1,050$12,600
Electricity $272$3,268
Total$12,997$155,964
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$445,611/yr
40% on housing$389,910/yr
45% on housing$346,586/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,365This listing

vs Other Active Listings

Avg $/sqft

ZIP 11211$1,052
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11211$1,149
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-16Price change$2,250,000
2025-10-16Price change$2,395,000
2025-09-18Listed for sale$2,550,000
2022-06-17Sold$2,400,000

For Sale by Agent

AgentKristi Ambrosetti
BrokerageSotheby's International Realty

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