$2,795,000
Updated 4 years ago
Sold

98 Prospect Park Southwest

Windsor Terrace, Brooklyn | 16th Street & 100th Street

12 Rooms6 Beds3 Baths2,560 Square FeetMulti-Family

$2,795,000
floors / apts2 / 2
Lot Size41'1"x94'7"
Built Size20'5"x60'
ZoneR6A
Building TypeHouse
RE Taxes$10,809
Price Per SF
$1,092

This property was sold for $3,050,000 on 12/05/22.

Outdoor space and views

  • Backyard
  • Balcony
  • Park Views

Property Description for 98 Prospect Park Southwest

Introducing 98 Prospect Park SW. A fully detached home located right across the street from Prospect Park. The house can also be a prime development site. **Development site** comprised of 1 house and three garages for a total of 12,237 buildable sqft on a 41.08 ft x 94.67 ft lot. Build Luxury Condos or Rentals where sales have exceeded $1,500 PPSF. Lot: 41.08 ft x 94.67 ft Lot sqft: 4,079 Allowable usable floor area: 12,237 Property Class: Two-Family Brick Current FAR: = 0.63 Allowable FAR: = 3 Buildable square feet = 9,667 Zoning: R6A Building: 20.5 ft x 60 ft Building Sqft: 2,560 sq ft The two-family brick house has exposures on each side of the house and is separated into two units. Each sun-filled apartment has a large, formal dining room, an oversized living room, a windowed kitchen, and three bedrooms. The second-floor unit has an extra room that can be used as a home office, and there is a 120 sq ft balcony facing Prospect Park. The ground-floor apartment can be duplexed directly to the sidewalk level/English basement, and the top floor can be the rental unit. The basement is spacious, with windows that allow natural light to flow in, allowing the space to be used in multiple ways. The unfinished cellar houses mechanicals and laundry and provides direct access to the backyard and garage. This unparalleled location on Prospect Park SW is in the core of Windsor Terrace. Across the street is an entrance to Prospect Park with all its year-round activities — the Summer Concert series, the Lake, ice skating, and guided nature walks— making it the gem of the borough. The Parade Grounds and Tennis Center are steps away, as are The Nitehawk Theatre and all shops and restaurants on Prospect Park West. This neighborhood is the top choice for investors seeking to realize the long-term value and high-income potential or a user to build a dream home on a premier block across the street from iconic Prospect Park.

Listing History for 98 Prospect Park Southwest

Now
12/05/2022
$3,050,000
Sold and Closed by Ronit Abraham
Compass
10/24/2022
Contract Signed by Ronit Abraham
Compass

Building Details for 98 Prospect Park Southwest

OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts2/2
Learn More About the Building

Transit and Citi Bike

Subway

15 St-Prospect Park
0.32 miles
Fort Hamilton Pkwy
0.49 miles

Citi Bike

Prospect Park SW & 16 St
0.04 miles
11 Ave & Prospect Ave
0.18 miles

Contact Agent

Contact Agent

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: 88291TH