$2,750,000
Updated 6 years ago
Off Market

1235 Prospect Ave

Windsor Terrace, Brooklyn | Prospect Ave & Reeve Place

14 Rooms5 Beds5 Baths3,511 Square FeetMixed Use

$2,750,000
floors / apts3 / 3
Lot Size41'x38'
Built Size41'x38'
ZoneR5B
Building TypeLow-Rise
RE Taxes$20,840
Price Per SF
$783

Building Amenities

  • Voice Intercom
  • Roof Deck

Property Description for 1235 Prospect Ave

Calling all investors! Located in prime Windsor Terrace, 1235 Prospect Avenue is a newly renovated 3 story, 4 unit mixed use building on the corner of Prospect Avenue and Reeve Place. The ground floor commercial space is currently occupied by Le Paddock, one of the neighborhoods favorite restaurants. One flight up youll find two brand new 1 bedroom apartments. Both units boast stainless steel appliances and quartz countertops in the new kitchens, central air and washer/dryer. The third floor features a large 3 bedroom, 2 bathroom apartment with tons of sunlight thanks to the 3 exposures, washer/dryer and an abundance of closet space. A bulkhead leads to the roof that could be easily converted to a fabulous roof deck. The next owner could live in the spacious 3 bedroom apartment while collecting a generous income from the 3 rentals units or rent out the entire building. 1235 Prospect Avenue is ideally located across the street from the F and G trains and just a few blocks from Prospect Park and all that Windsor Terrace has to offer.

Video Walkthrough


Listing History for 1235 Prospect Ave

Now
08/03/2020
POM by Jackie Torren
Corcoran
04/08/2020
$2,750,000
Initial Price by Jackie Torren
Corcoran

Building Details for 1235 Prospect Ave

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Fort Hamilton Pkwy
0.15 miles

Citi Bike

Prospect Ave & Vanderbilt St
0.03 miles
Prospect Ave & Greenwood Ave
0.08 miles

Contact Agents

Contact Agents

Windsor Terrace | Brooklyn

Quick Profile

The tiny, comma-shaped neighborhood of Windsor Terrace is bookended between two of Brooklyn’s largest green spaces, Prospect Park and the massive Green-Wood cemetery. Aside from the presence of the Prospect Park Expressway, which dissects the neighborhood in two, this residential community offers a suburban sensibility with its tree-lined streets, low volume traffic and the low height character of its streetscape.  

Many homes in the area are low to the ground, lending a suburban feel to the neighborhood, and the area has been down-zoned to maintain its low-rise appeal and character. There are plentiful brick row houses that have very low turnover. If you are lucky enough to buy or rent one, you tend to hold on to it. There are also small apartment buildings, private homes, condos and multi-family homes in a wide price range

There is commercial development along Prospect Park West, Fort Hamilton Parkway and Prospect Avenue, but even these new stores and restaurants are mostly family-owned and operated, maintaining the small-town charm. The pace of life is slower. The schools are good, which is a big draw for families with young children. The people are friendly, which gives a real sense of neighborhood and community to Windsor Terrace.

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.
OLR ID: 75111TH