A charming 2-family townhouse situated across the street from Prospect Park, 168 Prospect Park SW is a paradigm of classic Brooklyn living. Features of this three-story home include a charming redbrick fac¸ade, gorgeous hardwood floors, sash windows, exposed brick, a private backyard with lush plantings, a spacious two-car garage, a 2-bedroom, 1.5-bathroom owners duplex, and an income-producing rental unit.
The owners duplex occupies the first and second floors of the house. The garden level has a windowed full bathroom and opens into a floor-through living, dining, and kitchen space. The living area possesses a decorative fireplace with an exposed brick surround, while the kitchen has easy-to-clean tiled flooring, plenty of cabinet space, and access to a utility room and a tranquil backyard. Both bedrooms sit on the parlor level of the duplex. Each has plenty of closet space and easy access to a powder room.
The simplex rental unit sits on the third floor of the house and has 1 bedroom, 1 bathroom, and an open plan layout. The living space has a full kitchenette and overlooks the backyard, while the bedroom has a huge reach-in closet and views of Prospect Park.
168 Prospect Park SouthWest is nestled in the residential enclave of Windsor Terrace. The house is directly across from Prospect Park, and is just steps from a number of restaurants, cafes, and shops. It is close to Prospect Park Lake and Parade Ground, and is less than ten minutes from the F and G subway lines.
Windsor Terrace, bordered by Prospect Park, Park Slope, Greenwood, and Kensington, is a small residential neighborhood in Brooklyn. Windsor Terrace prides itself on its neighborly vibe as evidenced by its commitment to keep longtime communities in tact. This sense of community makes Windsor Terrace an ideal choice for those looking to escape the hustle and bustle of nearby neighborhoods.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more