Updated a year ago
Off Market
563 20th Street
Windsor Terrace, Brooklyn | 10th Ave & 10th Ave
21 Rooms11 Beds11 Baths6,080 Square FeetMulti-Family
$1,995,000
floors / apts3 / 5
Lot Size40'x80'
Built Size40'x60'
ZoneR5
Building TypeHouse
RE Taxes$1,404
Price Per SF
$328
Outdoor space and views
- Backyard
- Balcony
Building Amenities
- Garage
- Laundry Room
Property Description for 563 20th Street
Welcome to 563 20th Street - an exceptional 5 Unit Property featuring eleven bedrooms, 11 bathrooms with 8-balconies, rooftop, 5 Parking Spaces and rear yard nestled in the highly sought-after Windsor Terrace neighborhood. This three-story rent-stabilized building, solidly constructed in 2002, spans an impressive 6,080 sq. ft. on a 40' by 80' lot, offers tremendous upside and phenomenal layouts.
Property Highlights:
- Building Size: Approximately 6,080 sq. ft. (40 ft. x 60 ft.)
- Lot Size: 40 ft. x 80 ft.
- Units: Five-unit building with 11 bedrooms and 11 full bathrooms
- Balconies: Eight balconies, plus a rooftop and rear yard
- Parking: Garage with up to 6 parking spaces
- Basement: Full basement with five locked storage units, a 3-set coin-operated machine laundry room, and a mechanical room with meters
Residential Details:
- First Floor Duplex: A sprawling 1,627 sq. ft., 3-bedroom, 3-bathroom unit
- Upper Floors: Four sun-drenched, 2-bedroom, 2-bathroom apartments, each with two balconies
- Luxury Features: King-size primary ensuites with full baths, open-concept kitchens with eat-in islands, oak wood floors, French doors, and recessed lighting throughout
- Rooftop Potential: The rooftop offers an opportunity for furnishing and landscaping, with the potential to add value
Financials:
- Monthly Rent Roll: $12,280
-Expenses:
-- Heat: $342/month
-- Electric (Common Areas): $114/month
-- Insurance: $272/month
-- DEP: $300/month
-- Real Estate Taxes: $117.49/month
-- Partial tax abatement for 3 more years
This rent-stabilized building is delivered fully occupied with long-term, reliable tenants in good standing. With its prime location, strong rental income, and the potential for rooftop enhancement, 563 20th Street is an outstanding investment opportunity with upside.
Don't miss your chance to own this meticulously maintained property with tremendous upsides in one of Brooklyn's most desirable neighborhoods!
Property Highlights:
- Building Size: Approximately 6,080 sq. ft. (40 ft. x 60 ft.)
- Lot Size: 40 ft. x 80 ft.
- Units: Five-unit building with 11 bedrooms and 11 full bathrooms
- Balconies: Eight balconies, plus a rooftop and rear yard
- Parking: Garage with up to 6 parking spaces
- Basement: Full basement with five locked storage units, a 3-set coin-operated machine laundry room, and a mechanical room with meters
Residential Details:
- First Floor Duplex: A sprawling 1,627 sq. ft., 3-bedroom, 3-bathroom unit
- Upper Floors: Four sun-drenched, 2-bedroom, 2-bathroom apartments, each with two balconies
- Luxury Features: King-size primary ensuites with full baths, open-concept kitchens with eat-in islands, oak wood floors, French doors, and recessed lighting throughout
- Rooftop Potential: The rooftop offers an opportunity for furnishing and landscaping, with the potential to add value
Financials:
- Monthly Rent Roll: $12,280
-Expenses:
-- Heat: $342/month
-- Electric (Common Areas): $114/month
-- Insurance: $272/month
-- DEP: $300/month
-- Real Estate Taxes: $117.49/month
-- Partial tax abatement for 3 more years
This rent-stabilized building is delivered fully occupied with long-term, reliable tenants in good standing. With its prime location, strong rental income, and the potential for rooftop enhancement, 563 20th Street is an outstanding investment opportunity with upside.
Don't miss your chance to own this meticulously maintained property with tremendous upsides in one of Brooklyn's most desirable neighborhoods!
Listing History for 563 20th Street
Now
07/01/2025
Expired by Tom Le
Corcoran
03/24/2025
$1,995,000 [-$380,000] [16%]
Price Drop by Tom Le
Corcoran
Building Details for 563 20th Street
OwnershipMulti-Family
Building TypeHouse
AgePost-War
AccessWalk-up
Year Built2002
Floors/Apts3/5
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: 97511TH
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