550 Metropolitan Avenue #3-B, New York City, NY 11211
Listing Courtesy of Modern Spaces
$1,195,000
Potential Rebate: $17,925
Overview
Soaked in natural light and defined by nearly 10-foot ceilings and oversized windows, this 2BR one Bathroom condo blends refined design with everyday functionality in one of Williamsburg’s most desirable boutique buildings.<br><br>Thoughtfully designed by Veronica Mishaan, the home features hardwood floors, an in-unit washer/dryer, and a bright open layout that flows from a welcoming entry into a spacious living and dining area.<br><br>The kitchen is both striking and practical, outfitted with an eat-in peninsula, quartz countertops and backsplash, custom ash veneer cabinetry, and fully integrated Bosch appliances.<br><br>The home office offers flexibility for guests, remote work, or creative space, while the bedroom is serene and well-proportioned, with its own closet and access to a spa-inspired bathroom featuring penny tile floors, a travertine-topped vanity, and a glass-enclosed step-in shower.<br><br>Situated just two stops from Manhattan, 550 Metropolitan Avenue is a newer-construction boutique condominium offering a rooftop terrace with skyline views, package room, and virtual doorman.<br><br>Located near the L and G trains, McCarren Park, and Williamsburg’s most iconic cafes, restaurants, and nightlife.
Home Features
- •Central Air
- •Building Washer Dryer Install Allowed
- •In Unit
- •Building Roof Deck
- •Dining Area
- •Entrance Foyer
- •Dryer
- •Washer
Estimated Monthly Payment
$7,685 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$17,925
Monthly savings impact
$50/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Modern Spaces
Data Source: TRESTLE #RLS20039446
Price Analysis
Compare average listing prices and value metrics for 550 Metropolitan Avenue against the surrounding Williamsburg market.
Average List Price
Price Per SqFt
27.47% Lower
than the Williamsburg price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Williamsburg
Overview of Williamsburg
Williamsburg is the global poster child for urban cool. Located just across the East River from Manhattan, it is a cultural powerhouse known for its nightlife, art scene, and trendsetting style. For buyers seeking Williamsburg Brooklyn real estate, it offers the city's most dynamic and energetic living environment.
Living in Williamsburg is fast-paced. The neighborhood is divided into the ultra-modern waterfront (Northside), the grittier Southside, and the quieter Italian/hipster mix to the east. As a premier Brooklyn NYC neighborhood, it rivals downtown Manhattan for influence and price.
Real Estate & Housing Market
The market for homes for sale in Williamsburg is premium. The waterfront is lined with "glass castles" like The Edge and Domino Sugar Factory. Inland, you find converted lofts and renovated tenements.
Demand is insatiable, driven by a young, affluent demographic that prioritizes amenities, views, and proximity to the L train.
Lifestyle & Community
The lifestyle in Williamsburg is 24/7. Bedford Avenue is the main drag, packed with tourists and shoppers. The dining scene is world-class, featuring institutions like Peter Luger alongside new hotspots.
The community is a mix of creative professionals, young families (the "stroller brigade" on the waterfront), and long-time residents, though gentrification has shifted the balance heavily toward the wealthy.
Transportation & Accessibility
Williamsburg is served by the L, G, J, M, and Z trains. The L train at Bedford Ave is one stop from Manhattan, making the commute incredibly fast.
The Williamsburg Bridge offers a bike path that sees thousands of cyclists commuting daily. The ferry terminals at North and South Williamsburg provide a relaxed alternative.
Parks, Schools & Amenities
Domino Park and Marsha P. Johnson State Park (East River State Park) are the jewels of the waterfront. McCarren Park is the active center for sports and picnics.
Amenities are unmatched: Whole Foods, Apple Store, Equinox, and hermès. Williamsburg has effectively become a self-sufficient city.
Who This Neighborhood Is Best For
Williamsburg is best for socialites, trendsetters, and young families who want the excitement of Manhattan with the fresh air and views of Brooklyn.
