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Off market
  • $2,789,400

    1242 Prospect Ave, Brooklyn, NY 11218

    4beds
    2,750sqft
    MultiFamily
    Built in 1899
    -- sqft lot
    $2,789,400 Zestimate®
    $1,014/sqft
    $4,744 Estimated rent

    Home value

    $2,789,400

    $2.51M - $3.10M

    $4,744/mo

    Zestimate® history
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    $4,744/mo

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    Rent Zestimate®

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    $16,755/mo

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    $16,755/mo

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    What's special

    Just Reduced! Step through the front door of this fabulous 25-foot-wide two family home in Windsor Terrace and you will want to move right in! Walk into an expansive open living plan with soaring, beamed ceilings and beautiful hardwood floors. The first level features an enormous open kitchen with granite countertops, stainless steel appliances including a double oven, an abundance of cabinets, and an oversized 5ft x 8ft island. It is a house designed for entertaining, whether you are hosting Thanksgiving dinner, or inviting all of your family and friends for a major party! The kitchen features a wall of windows looking out over a park-like backyard full of flowering trees. As you step through the French door, you will be seamlessly connected to your very private cobblestone patio and beautifully landscaped garden. There is a full bath on this floor, as well as an oversized front room that offers flexible use as a den, home office, library or extra bedroom. An open center staircase with large skylight leads up to two bedrooms and a spa-inspired bathroom. The master bedroom offers three closets including a tremendous walk-in, and French doors to the terrace, which spans the entire front of the building. A second terrace on the top floor provides additional outdoor space perfect for gazing at the lovely grounds. The basement is clean and accessible and will accommodate all of your storage needs. Currently used as a two family with good rental income, converting to a 4/5 bedroom one family is easily accomplished. Amenities are plentiful with transportation and Prospect Park just steps away, a new supermarket, great restaurants and the Windsor Terrace food coop conveniently located nearby. This stylish and original home in a quiet and peaceful neighborhood is a rare commodity, which embraces the essence of home and awaits your arrival.

    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: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Interior area
    • Total interior livable area: 2,750 sqft

    Property

    Lot
    • Size: 3,750 Square Feet
    Details
    • Parcel number: 052740023

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1899

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $1,014/sqft
    • Tax assessed value: $2,610,000
    • Annual tax amount: $10,172

    Price history

    DateEventPrice
    3/11/2016Sold$1,891,000+5.3%$688/sqft
    Source: Public Record Report a problem
    12/10/2015Pending sale$1,795,000$653/sqft
    Source: Warren Lewis Sotheby's International Realty #23888TH Report a problem
    11/4/2015Price change$1,795,000-10%$653/sqft
    Source: Warren Lewis Sotheby's International Realty #23888TH Report a problem
    10/21/2015Listed for sale$1,995,000+134.7%$725/sqft
    Source: Warren Lewis Sotheby's International Realty #23888TH Report a problem
    5/16/2007Sold$850,000+193.1%$309/sqft
    Source: Public Record Report a problem
    6/18/1999Sold$290,000+16%$105/sqft
    Source: Public Record Report a problem
    7/2/1996Sold$250,000$91/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,172 +4.7%$156,600 +21.8%
    2024$9,713 $128,578 -4%
    2023-- $133,920 +11.1%
    2022-- $120,540 +20.2%
    2021-- $100,320 -17.5%
    2020$9,042 +6%$121,620 +25.7%
    2019$8,531 +7.3%$96,720 +154.4%
    2018$7,953 +7.4%$38,020 +4.7%
    2017$7,404 +4.2%$36,319
    2016$7,102 $36,319 +1%
    2015$7,102 +96.2%$35,972 +6%
    2014$3,620 $33,936 +21.5%
    2013-- $27,934 +5.3%
    2012-- $26,516
    2011-- $26,516 +0.7%
    2010-- $26,337 +19%
    2009-- $22,132 +6%
    2008-- $20,880 +6%
    2007-- $19,699
    2006-- $19,699 +0.8%
    2005-- $19,550 +6%
    2004-- $18,444 +6%
    2003-- $17,400 +6%
    2002-- $16,416
    2001-- $16,416 +0.8%
    2000-- $16,292
    Find assessor info on the county website

    Neighborhood: Windsor Terrace

    Nearby schools

    GreatSchools rating