Now more than ever, access to outdoor space is a coveted quality in a NYC apartment. In Brooklyn, a place right on Prospect Park is the ultimate dream — and also, often, prohibitively expensive. But our Deal of the Week, 147 Prospect Park SW #10, is a Windsor Terrace 2BR that’s directly on the park and priced well below the neighborhood median.

The Price: $695,000

The median asking price for an apartment in Windsor Terrace is $849,000, according to the StreetEasy Data Dashboard. That puts our Deal of the Week at about $150K less than average for the area — even with two bedrooms.

Buyers who put down the minimum 20% down payment of $139,000 can expect to see monthly payments of $3,236. This includes a mortgage payment of $2,389 and a maintenance fee of $847.

Why You’ll Love It…

First off, let’s talk location. This Windsor Terrace 2BR sits in a stunning prewar co-op that’s literally right on Prospect Park, with the lake directly across the street. There’s laundry and bike storage in the building, plus cafes and a deli at the end of the block, so you’ll never have to go far for basics. But if you do want to venture further, the F and G trains are just a short walk away.

Inside, the unit boasts charming details like unique archways and high, coffered ceilings. There are large windows in every single room, letting in lots of natural light from the south and west. The huge kitchen, semi-open to the living room, has been renovated with plenty of counter and cabinet space and a dishwasher. The bathroom is also renovated and custom-tiled. Both bedrooms are spacious, each with its own closet and set on opposite ends of the apartment for optimal privacy.

Brooklyn 1-2BRs Under $800K on StreetEasy Article continues below

… And Why You Might Not

Like many prewar buildings in NYC, this one is a walkup, so there will be some stair-climbing involved. The front bedroom’s windows look out over the park, but the living room windows, while huge, definitely do not offer that green park view. In addition, the living room/kitchen area doesn’t seem to have much room for a designated dining space. But this place has a lot going for it, and a Prospect Park address can never be taken for granted. (Especially during a pandemic.)

Check out the listing at 147 Prospect Park SW #10, listed by Abigail Palanca of Compass.


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