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Sold for $1,800,000
  • $1,800,000

    506 Prospect Ave, Brooklyn, NY 11215

    9beds
    3,600sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $3,050,900 Zestimate®
    $500/sqft
    $5,720 Estimated rent

    Home value

    $3,050,900

    $2.56M - $3.63M

    $5,720/mo

    Zestimate® history
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    $5,720/mo

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    What's special

    Charming three-family home in Windsor Terrace, Brooklyn, offering a rare blend of privacy and outdoor living. Each spacious unit features its own dedicated outdoor space—perfect for relaxing, entertaining, or gardening. Nestled on a quiet, tree-lined street near Prospect Park, this property combines classic Brooklyn character with modern convenience. Ideal for end-users or investors, with flexible layout options and strong rental potential. A true gem in one of Brooklyn’s most sought-after neighborhoods.

    Zillow last checked:

    Listing updated:

    Listed by:

    Leonardo Aaron 917-231-4162,

    Ben Bay Realty Co

    Source: BNYMLS,MLS#: 489507MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas, Baseboard, Hot Water, Steam/Radiator
    Appliances
    • Included: Dryer, Refrigerator, Stove, Washer, Hot Water Coil in Boiler
    • Laundry: Laundry Area
    Features
    • Flooring: Hardwood
    • Basement: Separate Entrance,Unfinished,Walk-in
    Interior area
    • Total structure area: 3,600
    • Total interior livable area: 3,600 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Stories: 3
    • Patio & porch: Deck, Terrace, Deck Rooftop
    • Fencing: Full
    Lot
    • Size: 1,040 Square Feet
    • Dimensions: 13x80
    • Features: Back Yard, Irregular Lot
    Details
    • Foundation area: 715
    • Parcel number: 008710017
    • Zoning: R5B
    • Special conditions: Arm's Length

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Brick, Block, Masonry
    • Foundation: Concrete Perimeter
    • Roof: Asphalt/Tar,Flat
    Condition
    • Year built: 1920

    Utilities & green energy

    • Electric: 220 Volts, Circuit Breakers, 100 Amp Service, Other

    Community & HOA

    Community
    • Subdivision: Brooklyn
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $500/sqft
    • Tax assessed value: $2,080,000
    • Annual tax amount: $3,785
    • Date on market: 2/26/2025
    • Cumulative days on market: 185 days
    • Total actual rent: 67200

    Price history

    DateEventPrice
    10/9/2025Sold$1,800,000-18.1%$500/sqft
    Source: BNYMLS #489507 Report a problem
    8/31/2025Contingent$2,199,000$611/sqft
    Source: StreetEasy #S1757171 Report a problem
    8/30/2025Pending sale$2,199,000$611/sqft
    Source: BNYMLS #489507 Report a problem
    8/19/2025Price change$2,199,000-2.3%$611/sqft
    Source: BNYMLS #489507 Report a problem
    8/11/2025Price change$2,250,000-0.9%$625/sqft
    Source: BNYMLS #489507 Report a problem
    8/2/2025Price change$2,270,000-0.8%$631/sqft
    Source: BNYMLS #489507 Report a problem
    7/27/2025Price change$2,288,000-0.5%$636/sqft
    Source: BNYMLS #489507 Report a problem
    6/30/2025Price change$2,299,000-2.1%$639/sqft
    Source: BNYMLS #489507 Report a problem
    6/18/2025Price change$2,349,000-2.1%$653/sqft
    Source: BNYMLS #489507 Report a problem
    5/27/2025Price change$2,399,000-4%$666/sqft
    Source: BNYMLS #489507 Report a problem
    4/10/2025Price change$2,499,000-7.4%$694/sqft
    Source: BNYMLS #489507 Report a problem
    2/26/2025Listed for sale$2,699,000+1399.4%$750/sqft
    Source: BNYMLS #489507 Report a problem
    1/25/1999Sold$180,000-33.5%$50/sqft
    Source: Public Record Report a problem
    7/3/1997Sold$270,500$75/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,652 +3.9%$124,800 -15%
    2024$5,440 $146,820 -4%
    2023-- $152,940 +5.9%
    2022-- $144,420 +7.6%
    2021-- $134,280 +8.7%
    2020$4,728 +5.5%$123,480 -9.6%
    2019$4,481 -3.6%$136,560 +514.8%
    2018$4,647 +8.8%$22,213 +6%
    2017$4,272 +17.1%$20,956 +5.9%
    2016$3,647 $19,795 +0.1%
    2015$3,647 +68.5%$19,780 +5.2%
    2014$2,165 $18,810 +1.6%
    2013-- $18,511 +6%
    2012-- $17,464 +5.9%
    2011-- $16,496 +0.1%
    2010-- $16,484 +5.2%
    2009-- $15,675 +1.6%
    2008-- $15,426 +6%
    2007-- $14,554 +5.9%
    2006-- $13,747 +0.1%
    2005-- $13,737 +5.2%
    2004-- $13,063 +1.6%
    2003-- $12,855 +6%
    2002-- $12,129 +5.9%
    2001-- $11,456 +0.1%
    2000-- $11,448
    Find assessor info on the county website

    Neighborhood: Windsor Terrace

    Nearby schools

    GreatSchools rating