Windsor Terrace is a small residential neighborhood in Brooklyn nestled between Green-Wood Cemetery and Prospect Park. It offers charming homes, easy access to green space, and slightly lower prices than its more prominent northern counterpart, Park Slope. Our Deal of the Week, 149 Prospect Park SW #3, is a bright Windsor Terrace 1BR that directly faces Prospect Park and is practically bursting with prewar charm.
The Price: $525,000
Buyers who put down the 20% minimum down payment of $105,000 can expect to see monthly payments of $2,815. This includes a mortgage payment of $2,086 and a maintenance fee of $729 (low by NYC standards).
The median asking price for an apartment in the neighborhood is $739,500, according to the latest StreetEasy Market Report. That puts this Windsor Terrace 1BR at about $200,000 less than the area’s median asking price — no wonder it’s our Deal of the Week!
Why You’ll Love It…
This apartment gets lots of light, with windows in each room, including the kitchen and bathroom. There are prewar details galore, including beamed ceilings, decorative door arches and moldings, parquet flooring, and even stained glass. A pass-through window allows the main living space to feel somewhat open to the kitchen, which is spacious enough to house an eat-in dining set. Like the kitchen, the renovated bathroom is also outfitted in mostly white; it boasts a sleek, glassed-in standing shower.
The pet-friendly co-op building has a live-in super, a laundry room, and basement storage, and its Prospect Park SW address means that it’s literally across the street from the park. Say hello to your new morning walk: the lake and Duck Island! The B68 bus also stops right across the street, and the F and G trains are just a few blocks away. There are also plenty of nearby restaurants and bars, in addition to entertainment like the new Nitehawk Cinema on Prospect Park West.
Brooklyn 1BRs Under $750K on StreetEasy Article continues below
… And Why You Might Not
While the apartment is well laid-out, there isn’t actually a whole lot of space. The bedroom in particular is a tight squeeze, though it is a proper separate bedroom and even has two windows. Closet space might be tight as well, with one in the bedroom for clothing and a smaller one in the entry for, well, everything else. But for those looking for a charming apartment in a perfect location, and at an excellent price, this Windsor Terrace 1BR should be on your shortlist.
Check out the listing at 149 Prospect Park SW #3, listed by Elizabeth Kohen of Garfield Realty.
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