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Prospect Park Mews

155 Terrace Place, Brooklyn, NY 11218
55 Units
Prospect Park Mews is a condo located 155 Terrace Place, 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, 155 Terrace Place 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. 155 Terrace Place has a total of 4 floors.

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. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! On weekends, residents can enjoy the building's deck. Residents who own pets will be happy to hear that the building is pet-friendly. There are 140 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 135 days Meaning, listings tend to sell at a median of $875 price per square foot. The transaction that took the longest to complete was unit 1D, listed on Oct 13, 2020 for $1,095,000. This particular unit ultimately sold 206 days later for $1,050,000. 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 155 Terrace Place is located, has a median asking price of $1,525,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,010,000. 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

Outdoor Space

Roof Deck
Garden

Laundry

Washer / Dryer Allowed

Pet Policy

Dogs Allowed / Cats Allowed

Facilities

Bike Room
Laundry Room

Ownership & Occupancy

Pied-à-Terre Allowed
Sublets Allowed

Parking

Garage Parking
This property description is generated based on publicly available data.

4 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201013 Unit 1D
10/13/2020
1D
3 Bed
2 Bath
1200 ft²
$1,095,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1200 ft²
$1,050,000 -4.11%
05/07/2021
Nicole Bilu
Serhant LLC
20190402 Unit 1G
04/02/2019
1G
3 Bed
2 Bath
1130 ft²
$995,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1130 ft²
$1,100,000 +10.55%
08/14/2019
Bridget Applegate
Corcoran Group
20190225 Unit 1I
02/25/2019
1I
3 Bed
2 Bath
-
$1,025,000
bedrooms
3 Bed
bathrooms
2 Bath
$1,100,000 +7.32%
05/28/2019
Jeremy Swillinger
Level Group Inc
20160621 Unit 1I
06/21/2016
1I
3 Bed
2 Bath
1300 ft²
$925,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1300 ft²
$925,000
11/04/2016
Kelly Brunton
Corcoran Group

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 155 Terrace Place located in?
The 155 Terrace Place is a condo located in the neighborhood of Windsor Terrace in South Brooklyn, Brooklyn.
What is the average sales price for listings in 155 Terrace Place?
The average sales price for units in 155 Terrace Place is $1,010,000 , or $875/sqft. currently.

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