What’s better than living right on Prospect Park? Maybe living right on Prospect Park in a renovated unit with a dishwasher — all for well under $1 million. If that sounds like a dream come true, check out 41 Prospect Park South West #1C. Our Deal of the Week is a 1-bedroom in Windsor Terrace with a private garden space and an updated kitchen.
Learn more about our Deal of the Week!
The Price: $650,000
The median asking price for a home in Windsor Terrace was $972,500 this May, according to the StreetEasy Data Dashboard. That means our Deal of the Week is priced more than $300K below the median asking price for the neighborhood.
Buyers who put down a 20% down payment of $130,000 can expect to see monthly payments of $4,241. This includes a mortgage payment of $3,521 and a maintenance fee of $720, which is lower than you’ll find in many NYC co-ops!
Why You’ll Love It…
Enter the unit through a long hallway that separates it from the building’s lobby for optimal noise reduction. Plus, the unit faces the back of the building, so you won’t get much street noise. As if that weren’t enough, the unit has its own private garden space that’s just as wide as the unit itself! The entryway also has two spacious closets, making them convenient for storing shoes and coats.
The unit has been thoughtfully renovated with details including recessed lighting, solid core doors, and brushed nickel fixtures throughout. But the renovations really shine in the kitchen, which is outfitted with radiant heated tile floors perfect for those chilly winter mornings. This windowed room also hosts a full suite of LG appliances, including a spacious fridge, full-size oven, and dishwasher! To top it all off, there’s room in the corner for a dining nook.
The bathroom also has a window and features white subway tile walls, a vanity with ample storage, and black hexagonal tile. A living area is situated between the bathroom and bedroom, and includes two windows and lots of space for furniture. Like the bedroom and hallways, this room boasts gorgeous hardwood floors.
Located in a building undergoing conversion from a rental building to a co-op, the unit has access to a laundry room in the basement, an individual storage unit, and bike storage. While the unit itself has been renovated, the building has retained its vintage charm in the hallways and lobby through original moldings and tile. The pet-friendly building allows parents buying, subletting, and installing an in-unit washer/dryer. What’s more, this is a sponsor unit, so no board approval is necessary.
Location-wise, what can beat living across the street from Prospect Park? The building is right near Bartel-Pritchard Square, the Bandshell, plenty of walking trails, and sports fields. The F and G trains stop nearby, and the B, Q, and S trains are less than a mile away. Other nearby attractions include Nitehawk Cinema, cafes, bakeries, and everything Windsor Terrace and Prospect Park have to offer.
…And Why You Might Not
The unit is on the first floor, which is great considering the building is a walk-up, but isn’t everybody’s first choice. There’s no closet in the bedroom, though there are two in the entryway. But if you’re looking for a 1-bedroom near Prospect Park with no stairs to climb, be sure to check this one out!
Check out the listing at 41 Prospect Park South West #1C, listed by Deborah Rieders, Sarah Shuken, Dario Nolfi, Albi Zhubi, and Angelina Celeste Martinez of Corcoran.
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