506 Prospect Ave Brooklyn, NY 11215
Windsor Terrace NeighborhoodEstimated payment $12,031/month
Total Views
18,802
9
Beds
3.5
Baths
3,600
Sq Ft
$611
Price per Sq Ft
Highlights
- Rooftop Deck
- 4-minute walk to 15 Street-Prospect Park
- Wood Flooring
- P.S. 154 The Windsor Terrace School Rated A
- Deck
- Terrace
About This Home
Charming three-family home in Windsor Terrace, Brooklyn, offering a rare blend of privacy and outdoor living. Each spacious unit features its own dedicated outdoor space—perfect for relaxing, entertaining, or gardening. Nestled on a quiet, tree-lined street near Prospect Park, this property combines classic Brooklyn character with modern convenience. Ideal for end-users or investors, with flexible layout options and strong rental potential. A true gem in one of Brooklyn’s most sought-after neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,785
Year Built
- Built in 1920
Lot Details
- 1,040 Sq Ft Lot
- Lot Dimensions are 80 x 13
- Fenced Yard
- Irregular Lot
- Back Yard
Home Design
- Triplex
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
- Asphalt Roof
- Masonry
Interior Spaces
- 3,600 Sq Ft Home
- 3-Story Property
- Wood Flooring
- Unfinished Basement
- Walk-Out Basement
- Stove
Bedrooms and Bathrooms
- 9 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Terrace
Utilities
- Baseboard Heating
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 100 Amp Service
Listing and Financial Details
- Tax Block 871
Community Details
Overview
- 3 Units
Amenities
- Rooftop Deck
- Laundry Facilities
- Bike Room
Building Details
- 1 Vacant Unit
- Fuel Expense $2,400
- Insurance Expense $1,345
- Utility Expense $1,233
- Gross Income $67,200
- Net Operating Income $56,036
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 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 |
| 2020 | $3,527 | $123,480 | $27,120 | $96,360 |
| 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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | Price Changed | $2,199,000 | -2.3% | $611 / Sq Ft |
| 08/11/2025 08/11/25 | Price Changed | $2,250,000 | -0.9% | $625 / Sq Ft |
| 08/02/2025 08/02/25 | Price Changed | $2,270,000 | -0.8% | $631 / Sq Ft |
| 07/27/2025 07/27/25 | Price Changed | $2,288,000 | -0.5% | $636 / Sq Ft |
| 06/30/2025 06/30/25 | Price Changed | $2,299,000 | -2.1% | $639 / Sq Ft |
| 06/18/2025 06/18/25 | Price Changed | $2,349,000 | -2.1% | $653 / Sq Ft |
| 05/27/2025 05/27/25 | Price Changed | $2,399,000 | -4.0% | $666 / Sq Ft |
| 04/10/2025 04/10/25 | Price Changed | $2,499,000 | -7.4% | $694 / Sq Ft |
| 02/26/2025 02/26/25 | For Sale | $2,699,000 | -- | $750 / Sq Ft |
| 02/26/2025 02/26/25 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Bargain Sale Deed | $180,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $230,000 | Unknown | |
| Previous Owner | $190,000 | Unknown | |
| Previous Owner | $153,000 | No Value Available |
Source: Public Records
About the Listing Agent
Leonardo's Other Listings
Source: Brooklyn Board of REALTORS®
MLS Number: 489507
APN: 00871-0017
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