NOT LISTED FOR SALE

506 Prospect Ave Unit 1 Brooklyn, NY 11215

Windsor Terrace Neighborhood

Estimated Value: $1,840,000 - $2,171,000

1 Bed
1 Bath
-- Sq Ft
1920 Built

About This Home

As of July 2015

This home is located at 506 Prospect Ave Unit 1, Brooklyn, NY 11215 since 05 July 2015 and is currently priced at $1,962,939. This property was built in 1920. 506 Prospect Ave Unit 1 is a home located in Kings County with nearby schools including P.S. 154 The Windsor Terrace School, St. Joseph the Worker Catholic Academy, and Mesilas Bais Yaakov.

Condo Details

Home Type

  • Condominium

Year Built

  • 1920

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Community Details

  • Windsor Terrace Subdivision

Listing and Financial Details

  • Property Available on 7/5/15

Condo Details

Home Type

Condominium

Year Built

1920

Lot Details

0 Sq Ft Lot

Rental Info

  • Available Date: 2015-07-05

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Windsor Terrace
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built (Public Record): 1920

Beds/Baths

  • Bathrooms Integer: 1
  • Bedrooms: 1

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No

Tax Info

  • Tax Block: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2025
Sold by
Elaine Byram Trustee and Evelyn R. Kossick-Schmidt
Bought by
Brooklyn Blue Skies Llc
Current Estimated Value
$1,962,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,512,000
Outstanding Balance
$1,503,444
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$459,495

Purchase Details

Closed on
May 18, 2022
Sold by
Kossick Schmidt Evelyn
Bought by
Evelyn R. Kossick-Schmidt 2022 Irrevocab

Purchase Details

Closed on
Sep 2, 1998
Sold by
First Bank Of Beverly Hills and Girard Svgs Bank
Bought by
Schmidt Evelyn Kossick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brooklyn Blue Skies Llc $1,890,000 --
Evelyn R. Kossick-Schmidt 2022 Irrevocab -- --
Schmidt Evelyn Kossick $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooklyn Blue Skies Llc $1,512,000
Previous Owner Schmidt Evelyn Kossick $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2015 07/05/15 For Rent $1,500 -- --
07/05/2015 07/05/15 Rented -- -- --
Source: Real Estate Board of New York (REBNY)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $5,721 $164,100 $26,040 $138,060
2025 $5,159 $124,800 $26,040 $98,760
2024 $5,159 $146,820 $26,040 $120,780
2023 $5,129 $152,940 $27,120 $125,820
2022 $4,733 $144,420 $27,120 $117,300
2021 $4,703 $134,280 $27,120 $107,160
2019 $4,429 $136,560 $27,120 $109,440
2018 $4,230 $22,213 $4,152 $18,061
2017 $3,972 $20,956 $6,018 $14,938
2016 $3,647 $19,795 $6,041 $13,754
2015 $2,165 $19,780 $9,027 $10,753
2014 $2,165 $18,810 $10,297 $8,513
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10255199

Real Estate Board of New York (REBNY)

APN: 00871-0017

New York Kings County Brooklyn 11215 Windsor Terrace

506 Prospect Ave Unit 1, Brooklyn, NY

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

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