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Off market
  • $714,900

    118 Prospect Park SW APT 2, Brooklyn, NY 11218

    1beds
    1baths
    601sqft
    Condo
    Built in 1990
    -- sqft lot
    $714,900 Zestimate®
    $1,190/sqft
    $3,388 Estimated rent

    Home value

    $714,900

    $665,000 - $765,000

    $3,388/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $3,388/mo

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    $3,388/mo

    Rent Zestimate®

    Refinance and save

    $4,469/mo

    Est. payment

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    $4,469/mo

    Est. payment

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    What's special

    ***OPEN HOUSE CANCELLED*** Offered Exclusively at $515,000 Indoor Parking Space - $30,000 Don't miss this highly sought after premier condominium complex built in 1990, as it greets you with a meticulously manicured botanical delight! If that's not enough Mother Nature for you, Prospect Park is directly across the street as we are so sweetly situated right on Prospect Park SouthWest! This pristinely maintained, large, sun drenched, beautiful one bedroom condo offers wood floors throughout and a commanding exposed brick wall as you enter into a wide open living room kitchen/dining room that is adorned with captivating botanical views from every room including the king size master bedroom! We have so many amenities to offer you including your own laundry room within your apartment, central heat and air conditioning which you control, and an on-site full service gym. Don't bother looking for a parking space when you come home, just click your garage door opener and drive right into your designated indoor parking space which can accommodate your car as well as a Vespa, if you like, and there is separate bicycle storage in the garage as well. All this and you are afforded the luxury of having everything done for you by the fully staffed management company who has been successfully managing this condominium complex for quite a number of years, hence giving you the quality of life you deserve as opposed to a self-managed condo requiring each of the owners to do their share! Get ready to sit back, relax and enjoy the wonderful quality of life the present owner has cherished for so many years! Two blocks to the 15th Street stop on the F/G trains, just 25 minutes to NYC or the famous Coney Island Beach and Boardwalk in the opposite direction! Steps to all cafés, lounges, bars, restaurants, farmer's market, movie theater, gyms, supermarkets and so much more! Condo living is lovely as this meticulously manicured and exceptionally well maintained Condo Association takes care of every big and little thing on the grounds and in the common areas and affords you the right to maintain and do whatever you want in your apartment renovation wise and layout wise without requiring board approval as you would in a coop! Remember a coop is shares in a coop corporation but a condo is considered real property! Let's not forget you can also rent your apartment if you choose to! If you are going to rent out this apartment it will command approximately $2,300 plus $250 monthly for the parking space! With 20% down, $109,000 and a $436.000 mortgage at 4-1/2% interest which is $507 per $100,000 you borrow, your mortgage is approximately $2,210 plus $239 monthly maintenance and $145 in property taxes which brings them to approximately $2,594 monthly less their tax write off as it pertains to each individual's tax bracket and that includes indoor parking which they can use or rent for $250 a month! This is a great investment and/or will make a fab home for you, why rent when you can buy and the value just keeps going up & up!! View The Floor Plan on Website If you need a second bedroom, at one time a previous owner easily converted this spacious one bedroom into a comfortable Jr. 4 with two bedrooms. The floor plans above will show you the way the apartment layout is currently and there are alternate plans below lending way to a 2nd bedroom. Just one block from PS 154. View The Alternate Floor Plan on Website

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Hardwood
    • Has fireplace: No
    Interior area
    • Total interior livable area: 601 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Lot
    • Size: 0.81 Acres
    Details
    • Parcel number: 052581020

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1990

    Community & neighborhood

    Location
    • Region: Brooklyn

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $239 monthly

    Price history

    DateEventPrice
    3/2/2015Sold$500,000-16%$832/sqft
    Source: Public Record Report a problem
    10/3/2014Listing removed$595,000$990/sqft
    Source: Barbara Puccia LREB Report a problem
    7/31/2014Listed for sale$595,000+395.8%$990/sqft
    Source: Barbara Puccia LREB Report a problem
    3/30/1999Sold$120,000+14.3%$200/sqft
    Source: Public Record Report a problem
    11/6/1998Sold$105,000$175/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,259 -1.2%$45,924 +3.9%
    2024$3,299 $44,216 +6.3%
    2023-- $41,610 +8.5%
    2022-- $38,363 +6.7%
    2021-- $35,949 +32.5%
    2020$2,897 $27,126
    2019$2,897 $27,126 +105.5%
    2018-- $13,200 +6%
    2017$2,539 +10.5%$12,453 +6%
    2016$2,298 $11,750 +3%
    2015$2,298 +91.9%$11,407
    2014$1,197 $11,407 +3.7%
    2013-- $11,000 +6%
    2012-- $10,378 +6%
    2011-- $9,792 +3%
    2010-- $9,506
    2009-- $9,506 +3.7%
    2008-- $9,167

    Find assessor info on the county website

    Neighborhood: Windsor Terrace

    Nearby schools

    GreatSchools rating