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!
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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.
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… 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!