$1,449,000
Updated 8 years ago
Sold

502 Prospect Ave

Windsor Terrace, Brooklyn | Prospect Park West & 10th Ave

6 Beds3 Baths4,560 Square FeetRental Property

$1,449,000
floors / apts3 / 3
Lot Size20'x80'
Built Size20'x55'
ZoneR5B
Building TypeTownhouse
Price Per SF
$318

This property was sold for $1,475,000 on 08/03/12.

Outdoor space and views

  • Deck
  • Garden

Building Amenities

  • Voice Intercom

Property Description for 502 Prospect Ave

> This hard to find 55 ft deep, limestone and brick three family was built circa 1910. With three large, six room, floor thru apartments, the income potential is over $7,000 per month. This house has great light filled rooms, and many options to expand. > There are numerous living options, including an owner upper duplex with 2000 sq ft of living space, plus access to the garden and a full English basement (ideal for an artist studio or workshop.) Well maintained with upgraded mechanicals, this home can be an instant income producer, with affordable expenses and low real estate taxes. > Centrally located in the heart of Windsor Terrace. Close to Prospect Park, shopping and transportation.

Building Details for 502 Prospect Ave

OwnershipRental Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

15 St-Prospect Park
0.17 miles

Citi Bike

Windsor Pl & Howard Pl
0.1 miles
Prospect Park W & 20 St
0.18 miles

Contact Agent

Contact Agent

Martin O'Reilly
Dwell Residential

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: 43674TH