For Sale · Listing by Corcoran Group
502 PROSPECT Avenue
Windsor Terrace, Brooklyn
$2,975,000
502 PROSPECT Avenue
MLS® #RLS20114368
Listing by Corcoran Group
Open House Scheduled
Sunday, September 13 • 1:00 PM – 2:30 PM
REBNY 2025: signed Buyer Representation Agreement required before any showing.
- 7
- Bedrooms
- 4
- Baths
- 4,012
- Sq. Ft.
- 1920
- Year Built
Quick Summary
Property Highlights
- Views: Other
- Climate Control: Other
- Character: Pre-war building (1920)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Sep 10, 2026 | $2,975,000 | - |
| Currently | Sep 11, 2026 | $2,975,000 | - |
Description
In the heart of Windsor Terrace, this beautifully maintained three-unit townhouse offers grand proportions, a flexible layout, and an exceptional location. Measuring approximately 20 x 58 feet and offering more than 4,000 square feet across four floors, the home is currently configured with a generous lower duplex and two spacious two-bedroom apartments above. The fabulous layout maximizes living space as well as income potential! The duplex has its own private entrance on the lower level and has been thoughtfully renovated throughout. On the upper floor, you'll find the main living space and primary bedroom suite. A wall of south-facing windows fills the open living and dining area with wonderful natural light, while a glass door leads directly to the charming back garden. With plenty of room for both living and dining, the space feels open, airy, and inviting. The custom kitchen offers abundant work and storage space, with cabinetry and open shelving extending all the way to the ceiling. Stainless steel appliances include a Bosch microwave, Liebherr refrigerator, Miele dishwasher, and Avanti range. Pass through the welcoming upper foyer to the generously proportioned primary bedroom. Large windows bring in lovely light, while a full wall of closets provides excellent storage. The renovated en suite bath features a walk-in shower and clean, modern finishes and fixtures. A stackable washer/dryer is conveniently located just outside the bedroom, and rich hardwood floors run throughout the floor. The lower level offers two additional bedrooms-one currently used as a family room/den-as well as a full bath with a charming clawfoot tub and separate walk-in shower. There is also a dedicated home office area and an impressive amount of thoughtfully designed built-in storage. Ductless mini-splits provide cooling throughout the duplex. The upper two floors each contain an exceptionally roomy floor-through two-bedroom apartment. Both share the same well-designed layout, with split bedrooms, a large primary bedroom, a generously sized renovated kitchen with stainless steel appliances, a renovated bath, and an enormous walk-in closet with an in-unit washer/dryer. High ceilings, hardwood floors, and windows at both ends of each apartment bring in wonderful light and add to the sense of space. Set in the heart of Windsor Terrace, the house is just one block from Prospect Park West and its neighborhood shops, restaurants, and conveniences, one block from the subway, and only three blocks from Prospect Park. With more than 4,000 square feet, three substantial residences, a private garden, and an incredibly convenient location, this is a rare opportunity to own a truly versatile Brooklyn townhouse.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Windsor Terrace
View All Windsor Terrace ListingsWindsor Terrace borders Prospect Park on three sides and Green-Wood Cemetery to the west, creating a compact residential neighborhood of brick and limestone rowhouses, Victorian-era wood-frame homes, and prewar apartment buildings along Prospect Avenue, Seeley Street, and Vanderbilt Street. The F and G trains stop at 15th Street-Prospect Park and Fort Hamilton Parkway, providing connections to Downtown Brooklyn and Manhattan. Prospect Park's Parade Ground, the city's oldest recreational facility, sits at the neighborhood's southeastern edge.
Windsor Terrace Live Market Data
View NeighborhoodActive Listings
23
Median Asking Price
$935K
Median $/Sqft
$1,253
Avg Days on Market
N/A
New This Week
5
Price Reduced
13%
Sold (30 Days)
7
Median Sale Price
$1.15M
Live data from RLS at REBNY • Updated 9/11/26, 8:49 AM EST
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Location
502 PROSPECT Avenue, Windsor Terrace, Kings County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed annual property tax is $7,596, or roughly $633 per month. Verify the current assessment with your attorney before closing.
This property has 7 bedrooms and 4 full bathrooms.
The listed interior living area is 4,012 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1920, making it approximately 106 years old.
This listing is None
Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.
At the current list price of $2,975,000 for 4,012 sq ft, the asking price per square foot is approximately $742. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Corcoran Group - Heather M McMaster
Listing Contact: (917) 803-4219
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 9/11/2026 at 12:49 PM UTC
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Windsor Terrace Market Update
7 sales last 30 days · $935K median · 3.3 months supply
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Quick Facts
Monthly Costs Estimate
$595,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$37,188
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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