This wonderful 2-family home on a quiet residential block in Windsor Terrace is not to be missed. Currently configured on the ground floor as a one bedroom unit with basement and backyard access and on the second floor a large two bedroom rental unit with private patio. This is a fantastic opportunity to live in a beautiful spacious residence on a tree lined street within walking distance to Prospect Park. The spacious and serene backyard is every homeowners dream! The income potential is also attractive for an owner occupant (rent the top 3-bedroom apartment for approximately $3K per month!). Both units have large room sizes and have been beautifully maintained.
Windsor Terrace is a beloved Brooklyn neighborhood that's minutes from the tranquility and activity of Prospect Park, as well as an assortment of cafes, gourmet markets, restaurants like Hamiltons and Le Paddock, public and private schools, and favorite spots like Brancaccio's and Jaya Yoga. Catch the F and G train just five minutes from your door to be transported quickly to other areas of Brooklyn and to Manhattan.
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