There are plenty of desirable neighborhoods around Prospect Park to choose from, one of which is Windsor Terrace. If you’re not in the know about the area, it is just as charming as Park Slope but with a lower median asking price for home sales. It is just one of many reasons 221 McDonald Ave. #2K is such a spectacular find — and rightfully, our Deal of the Week. This unit is priced to sell, plus it is brimming space — over 1,000 square feet!

Brooklyn Homes Under $700K on StreetEasy Article continues below

Flatlands

1799 East 52nd Street

$698,000

2 |

2

Midwood

1389 East 18th Street

$250,000

Studio |

1

Ocean Hill

1325 Herkimer Street

$515,000

1 |

1

Brighton Beach

40 Brighton 1st Road

$525,000

1 |

1

Homecrest

2140 Knapp Street

$239,000

Studio |

2.5

Marine Park

4209 Quentin Road

$679,000

2 |

1

Borough Park

1238 63rd Street

$599,000

1 |

1

Borough Park

1238 63rd Street

$530,000

1 |

1

Old Mill Basin

2465 Flatbush Avenue

$165,000

2 |

1

Fort Hamilton

351 Marine Avenue

$285,000

1 |

1

East New York

572 Jerome Street

$675,000

4 |

3

Bay Ridge

6735 Ridge Boulevard

$485,000

2 |

1

The Price: $695,000

The median asking price for a home in Windsor Terrace, Brooklyn, is a whopping $1.3 million as of December 2021, according to the StreetEasy Data Dashboard. That means our Deal of the Week is a smidge over half the median asking price for the neighborhood! Even better, it’s far below the median asking price for the borough, which sat at $929,000 in December.

Buyers who stick with the 20 percent minimum down payment of $139,000 can expect to see monthly payments of $3,295. This includes a mortgage payment of $2,356 and a maintenance fee of $939. And unique to this apartment, your maintenance includes gas, electric, heat, hot water, real estate tax, cable, and internet. In a nutshell, the works!

Why You’ll Love It…

If you’re looking for more square footage — not to mention storage space, heads up! Here you will find a generously sized living room, a separate dining room, and two roomy bedrooms. And speaking of the bedrooms, each features a south-facing wall for great natural light throughout the day. And best of all, this home has six (yes, six!) closets.

Retro Renovation fans will love the kitchen, which is authentic midcentury. If it is not your style, it may be the only room you need to update, because the bathroom was recently refreshed. More good stuff: The unit is located in a building complete with a laundry room, private courtyard, bike room, and additional storage.

Queens Homes Under $600K on StreetEasy Article continues below

Forest Hills

118-17 Union Tnpk

$539,000

2 |

2

Kew Gardens Hills

79-06 Main Street

$375,000

2 |

1

Forest Hills

67-35 Yellowstone Boulevard

$275,000

1 |

1

Kew Gardens Hills

144-55 Melbourne Avenue

$225,000

2 |

1

Sunnyside

39-30 52nd Street

$370,000

1 |

1

Rego Park

97-37 63 Road

$425,000

2 |

1

Glen Oaks

269 Grand Central Parkway

$579,000

1 |

1.5

Glen Oaks

269 Grand Central Parkway

$299,000

1 |

1

Glen Oaks

270-10 Grand Central Parkway

$595,000

1 |

1.5

Glen Oaks

270-10 Grand Central Parkway

$249,000

1 |

1

Glen Oaks

27010 Grand Central Parkway

$439,000

1 |

1.5

Forest Hills

67-38 108th Street

$269,000

1 |

1

… And Why You Might Not

The kitchen won’t be everybody’s cup of tea, especially those that aren’t up for a renovation project. The building is also located on the western end of Windsor Terrace, so buyers will live closer to the (also beautiful) Greenwood Cemetery than they will to Prospect Park itself. Dogs are also not allowed, sadly.

Still, for over 1,000 square feet of space, you’ll be hard-pressed to find a better deal in the neighborhood!

Check out the listing at 221 McDonald Ave. #2K, listed by Abigail Palanca of Serhant.