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Prospect Park Mews

1115 Prospect Avenue, Brooklyn, NY 11218
55 Units
Prospect Park Mews is a condo located 1115 Prospect Avenue, in Windsor Terrace, Brooklyn. The building was first built in 1990 and is 34 years old. The lot that the building was built on is 200 feet wide and 225 feet long. The official lot area is listed as 33,476 square feet. The building itself is 80 feet wide and 68 feet long. In total, 1115 Prospect Avenue has a total floor area of 46,664 square feet. Of that, 46,664 square feet are used for residential purposes. There are a total of 55 units. Of those, 55 are residential units. There are no commercial units in this building. 1115 Prospect Avenue has a total of 4 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Don't forget to take full advantage of the roof deck where you can soak up some sun during summer or host a get together with your friends and family. On weekends, residents can enjoy the building's deck. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 140 closings on record, of which we have matching data for 11 listings. In the past 3 years, a listing in this building will typically remain on the market for about 114 days Meaning, listings tend to sell at a median of $1,060 price per square foot. The transaction that took the longest to complete was unit 1A, listed on Sep 29, 2020 for $1,170,000. This particular unit ultimately sold 316 days later for $975,010. The most recent transaction was for unit 203, sold for $462,000 on Jul 18, 2023. Fun fact, the oldest transaction we have on record took place on Aug 15, 1989. See the full transaction history for Prospect Park Mews below.

Windsor Terrace, where 1115 Prospect Avenue is located, has a median asking price of $1,525,000 for condo buildings. Meanwhile, the building itself has a median asking price of $999,000. For interested buyers, that means the building's median asking price is around 0.34% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Pet Policy

Dogs Allowed / Cats Allowed

Outdoor Space

Roof Deck
Terrace

Ownership & Occupancy

Pied-à-Terre Allowed
Sublets Allowed

Parking

Garage Parking

Laundry

Washer / Dryer Allowed

Facilities

Laundry Room

Accessibility

Elevators
This property description is generated based on publicly available data.

10 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230412 Unit 301
04/12/2023
301
2 Bed
2 Bath
1311 ft²
$1,250,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1311 ft²
$1,390,000 +11.20%
07/12/2023
Gabriel Leibowitz
Douglas Elliman Real Estate
20230411 Unit 4C
04/11/2023
4C
2 Bed
1 Bath
-
$950,000
bedrooms
2 Bed
bathrooms
1 Bath
$955,000 +0.53%
06/23/2023
Diane Larkin
Compass
20220516 Unit 4B
05/16/2022
4B
3 Bed
2 Bath
1161 ft²
$1,299,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1161 ft²
$1,450,000 +11.62%
09/07/2022
Courtney Smelter
Serhant LLC
20220419 Unit 306
04/19/2022
306
2 Bed
2 Bath
1060 ft²
$1,185,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1060 ft²
$1,279,800 +8.00%
07/25/2022
Pacey Barron
Compass
20220405 Unit 1B
04/05/2022
1B
3 Bed
2 Bath
1116 ft²
$1,150,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1116 ft²
$1,140,000 -0.87%
08/11/2022
Abigail Palanca
Serhant LLC
20210601 Unit 3G
06/01/2021
3G
1 Bed
1 Bath
-
$599,000
bedrooms
1 Bed
bathrooms
1 Bath
$589,000 -1.67%
10/14/2021
Courtney Smelter
Serhant LLC
20200929 Unit 1A
09/29/2020
1A
2 Bed
2 Bath
1217 ft²
$1,170,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1217 ft²
$975,010 -16.67%
08/11/2021
Carolyn Cedar
Compass
20200125 Unit 302
01/25/2020
302
2 Bed
2 Bath
927 ft²
$925,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
927 ft²
$925,000
04/29/2020
Kristen Larkin
Compass
20180115 Unit 306
01/15/2018
306
Loft
2 Bath
900 ft²
$1,099,000
bedrooms
Loft
bathrooms
2 Bath
square feet
900 ft²
$1,057,000 -3.82%
06/01/2018
MYRTA ECHEVARRIA
Myrta55 Real Estate
20150929 Unit 302
09/29/2015
302
2 Bed
1.5 Bath
-
$829,000
bedrooms
2 Bed
bathrooms
1.5 Bath
$828,000 -0.12%
01/21/2016
Kenneth Goldstein
Elliman

Building Info

Overview

    General

  • Year Built: 1990
  • Building Count: 1
  • Floor Count: 4
  • Total Unit Count: 55
  • Residential Unit Count: 55
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 33,476
  • Lot Size Depth Feet: 225
  • Lot Size Frontage Feet: 200
  • Building Depth: 68
  • Building Frontage: 80
  • Gross Building Area: 46,664

    Building Floor Area

  • Residential Building Floor Area: 46,664

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 1
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: R2
  • Lot Type: 5
  • Land Use: 02
  • Irregular Lot Code: N

Neighborhood

  • Community District: 307
  • City Council District: 39
  • Police Precinct: 72
  • Fire Company: E240
  • Health Area: 4700
  • Sanitation District Borough: 3
  • Sanitation Subsection: 1D
  • School District: 15

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R5B

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 5256
  • Lot: 7501
  • Borough Block Lot: 3052567501

    Address

  • Full Address: 155 Terrace Place
  • Condominium Number: 211
  • Zip Code: 11218

Valuation

    Assessments Valuation

  • Assessed Total Value: $2,425,504
  • Assessed Land Value: $535,504

    Exemptions

  • Exempt Total Value: $39,632
  • Exempt Land Value: $0

About South Brooklyn



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Frequently Asked Questions

What neighborhood is 1115 Prospect Avenue located in?
The 1115 Prospect Avenue is a condo located in the neighborhood of Windsor Terrace in South Brooklyn, Brooklyn.
What is the average sales price for listings in 1115 Prospect Avenue?
The average sales price for units in 1115 Prospect Avenue is $999,000 , or $1,060/sqft. currently.

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