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For sale by owner
  • $1,649,000

    1268 Prospect Ave, Brooklyn, NY 11218

    4beds
    1,440sqft
    Loading
    MultiFamily
    Built in 1899
    -- sqft lot
    $1,761,300 Zestimate®
    $1,145/sqft
    $-- HOA

    What's special

    Quiet tree-lined blockDob-compliant installationFire-safety spiral staircaseClean basement installation
    FSBO – 2-Family + Mixed-Use Zoning + Day-Care Certified – Windsor Terrace – $1,649,000 (Brooklyn) • Address: 1268 Prospect Avenue, Brooklyn, NY 11218 between Reeve and Greenwood • For Sale By Owner – No Brokers • Active tenants through August 31st, 2026 – Please use this thread for questions and appointments • Pictures are from 2005 so there will be changes • A rare Windsor Terrace opportunity: a legal two-family home on an oversized 25 × 124 lot with mixed-use zoning (R5 + C1-3), day-care certification, fire-safety spiral staircase, and major capital upgrades completed between 2023–2024. Perfect for owner-occupants, investors, or commercial operators needing residential + business flexibility. ? PROPERTY FEATURES • Legal 2-family • Oversized 25 × 124 lot • Mixed-use zoning: R5 with C1-3 commercial overlay • Certified for day-care center use • Exterior spiral staircase for DOB fire-safety compliance • Full unfinished basement with high ceilings • Quiet, tree-lined block • 4–5 minute walk to Fort Hamilton Pkwy F train • Near Prospect Park, cafés, schools, playgrounds, and shops ?? HOME SQUARE FOOTAGE • Building Size: 18 ft×40 ft • Total Interior Square Footage: 18 ft×40 ft=720 sq ft per floor • Since the property is 2 stories, the total interior living area is: 720 sq ft×2=1,440 sq ft • Total Interior Square Footage: 1,440 sq ft • (This matches typical pre-war two-family footprints in Windsor Terrace with an 18-foot width.) • This does not include the full unfinished basement (same footprint: ~720 sq ft). • This does not include any exterior structures (spiral staircase, yard, etc.) • Lot size 25 ft×124 ft=3,100 sq ft ?? MAJOR UPGRADES (2023–2024) • ??? New Roof – Installed November 2024 • Professionally installed 15-year roofing system by Arcade Home Improvements: • APP 180 White membrane • Firestone liquid flashing + fleece reinforcement • Ultra Flashing at parapet walls & penetrations • Drainage improvements (pitched low areas) • 5-year workmanship guarantee • Full contractor documentation available ?? New Windows – Installed July 2024 & September 2024 • Installed by AirLite Windows Inc. (family-owned since 1958): • Ideal Perfect Fit insulated aluminum windows • Fully framed, caulked, and exterior-capped • Custom sizes for both floors • Lifetime factory warranty • “PAID IN FULL” invoices included ?? New Boiler – Installed March 2023 • Modern, energy-efficient hot water boiler • Copper supply & return lines • Clean basement installation • Improved heating reliability and efficiency ?? Exterior Spiral Staircase – Fire-Safety Compliant • Provides secondary egress for commercial/day-care operations • DOB-compliant installation • Enhances safety and code compliance ?? Day-Care Certification • The property is currently certified for day-care center use, offering a turnkey opportunity for childcare operators or investors seeking high-demand commercial tenants. ??? ZONING & COMMERCIAL POTENTIAL • Located in R5 with C1-3 overlay, allowing: • Professional offices • Medical/dental • Day-care/early education • Boutique retail • Personal services (salon, tutoring, pet services) • This flexibility significantly increases long-term value. ?? TRANSIT • 0.2 miles to Fort Hamilton Pkwy F train • Easy access to Park Slope, Kensington, Prospect Park ?? PRICE • $1,649,000 – For Sale By Owner • Serious buyers only ?? CONTACT • Reply to this listing with your name and number to schedule a private showing. • Appointments available on weekends
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    Listed by:

    Property Owner (646) 934-4879

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Features
      • Basement: Basement (not specified)
      Interior area
      • Total interior livable area: 1,440 sqft

      Property

      Parking
      • Parking features: On-street
      Features
      • Exterior features: Shingle, Wood, Brick
      Lot
      • Size: 3,100 Square Feet
      Details
      • Parcel number: 052740034

      Construction

      Type & style
      • Home type: MultiFamily
      Condition
      • New construction: No
      • Year built: 1899

      Community & HOA

      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $1,145/sqft
      • Tax assessed value: $1,855,000
      • Annual tax amount: $6,782
      • Date on market: 7/10/2026

        Estimated market value

        $1,761,300

        $1.53M - $1.99M

        $4,310/mo

        Price history

        DateEventPrice
        7/10/2026Listed for sale$1,649,000+112.8%$1,145/sqft
        Source: Owner Report a problem
        2/1/2005Sold$775,000+72.2%$538/sqft
        Source: Public Record Report a problem
        4/22/2004Sold$450,000+5.9%$313/sqft
        Source: Public Record Report a problem
        1/13/2004Sold$425,000$295/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,782 +4.7%$111,300 +2.4%
        2024$6,477 $108,660 +1.4%
        2023-- $107,160 +17.7%
        2022-- $91,080 +9%
        2021-- $83,580 -3.9%
        2020$6,029 +6%$86,940 +3.3%
        2019$5,688 +2.1%$84,180 +216.1%
        2018$5,571 +8.7%$26,630 +5.9%
        2017$5,124 +10.4%$25,137 +5.9%
        2016$4,641 $23,736
        2015$4,641 +75.8%$23,736 +6%
        2014$2,640 $22,394 +0.9%
        2013-- $22,192 +5.9%
        2012-- $20,948 +5.9%
        2011-- $19,780
        2010-- $19,780 +6%
        2009-- $18,662 +0.9%
        2008-- $18,494 +5.9%
        2007-- $17,457 +5.9%
        2006-- $16,484
        2005-- $16,484 +6%
        2004-- $15,552 +0.9%
        2003-- $15,412 +5.9%
        2002-- $14,548 +5.9%
        2001-- $13,737
        2000-- $13,737
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Kensington

        Getting around

        95 / 100
        Walker's Paradise
        87 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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