NOT LISTED FOR SALE

Estimated Value: $2,594,000 - $3,768,517

Studio
-- Bath
4,095 Sq Ft
$751/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $2,300,000 $562 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $16,712/month

234 Days on Market

Highlights

  • Pre War Building
  • Building Terrace
  • Garage
  • P.S. 154 The Windsor Terrace School Rated A

About This Home

As of December 2020

Beautifully renovated 2-family brick townhouse in prime Windsor Terrace, one of Brooklyn's most enchanting and desirable neighborhoods, mere minutes from Prospect Park! This stunning 21-foot-wide, 65-foot deep home, built in 1925 and recently renovated to capture both modern finishes and original details, is an absolute gem situated in a prized location. Complete with a rare multi-car garage *can be delivered with a single car garage and yard, a prized bonus in NYC, the residence is currently configured with a lower duplex featuring 4 bedrooms and 2 bathrooms perfect for the owner occupier, as well as an upper-level apartment with 2 bedrooms and a full bath that can easily be utilized as a 3 bedroom bringing in significant rental income. Classic elements like hardwood floors and tasteful millwork mingle with refined luxury finishes at 536 Prospect Ave, creating 2 elegant, spacious apartments offering lots of natural light and great layouts/flow for living/entertaining with formal living and dining rooms, richly-appointed eat-in kitchens, and generously-sized bedrooms. Both units have access to basement storage and the laundry room affording optimal convenience. Topping the appeal is a rear patio area and a wood deck for enjoying the outdoors. As for the location, it is exceptional, in a lovely residential area that's also close to it all including fabulous Prospect Park, the Prospect Park train station, eateries, shops and lots of local conveniences.

Last Agent to Sell the Property

Anthony Robles

Douglas Elliman Real Estate License #10401235810 Listed on: 02/24/2020

Douglas Elliman Real Estate

Co-Listed By

Aran Scott

Douglas Elliman Real Estate License #40SC1156403

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 3-Story Property

Listing and Financial Details

  • Legal Lot and Block 31 / 871

Community Details

Overview

  • 2 Units
  • Windterr Subdivision

Amenities

  • Building Terrace

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: Fuller Place/10th Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: WINDTERR
  • Architectural Style: Prewar
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Exterior Features

  • Patio/Porch Features: Building Terrace

Garage/Parking

  • Garage: Yes

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1925

Tax Info

  • Tax Block: 871
  • Tax Lot: 31

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Dec 24, 2020
Sold by
Castaldi Cheryl Boucher and Castaldi Christopher R
Bought by
536 Prospect Llc
Seller's Agent
Anthony Robles
Douglas Elliman Real Estate
List Price
$2,595,000
Sold Price
$2,300,000
Premium/Discount to List
-$295,000
-11.37%
Current Estimated Value
$3,075,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$775,879
Avg. Annual Appreciation
5.89%

Purchase Details

Closed on
Apr 4, 1997
Sold by
Castaldi John A
Bought by
Castaldi Christopher R and Castaldi Cheryl Boucher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,182
Interest Rate
7.37%

Purchase Details

Closed on
May 30, 1990
Sold by
Cederroth Catherine B
Bought by
Castaldi Alyse H and Castaldi John A
Source: Public Records
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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
536 Prospect Llc $2,300,000 --
536 Prospect Llc $2,300,000 --
536 Prospect Llc $2,300,000 --
Castaldi Christopher R $105,000 --
Castaldi Christopher R -- --
Castaldi Alyse H -- --
Castaldi Alyse H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castaldi Christopher R $66,182
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2020 12/29/20 Sold $2,300,000 -11.4% $562 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $2,595,000 -- $634 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

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 $8,679 $193,320 $34,680 $158,640
2024 $8,679 $184,800 $34,680 $150,120
2023 $8,281 $175,560 $34,680 $140,880
2022 $5,761 $141,840 $34,680 $107,160
2021 $7,646 $146,400 $34,680 $111,720
2020 $3,650 $130,500 $34,680 $95,820
2019 $7,240 $116,580 $34,680 $81,900
2018 $6,629 $33,978 $7,729 $26,249
2017 $6,237 $32,066 $7,643 $24,423
2016 $5,743 $30,276 $9,744 $20,532
2015 $3,429 $30,256 $10,821 $19,435
2014 $3,429 $30,007 $12,349 $17,658
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10613159

Real Estate Board of New York (REBNY)

APN: 00871-0031