Real Estate

Limestone Windsor Terrace Townhouse With Dreamy Woodwork, Near Park Asks $2.795 Million

This circa 1900 limestone townhouse in Windsor Terrace has pronounced bay windows and a mixture of Beaux-Arts, Renaissance Revival and Arts and Crafts features.

by Stephen Zacks

11/28/2018 3 minute 0

This circa 1900 limestone townhouse in Windsor Terrace with pronounced bay windows and a mixture of Beaux-Arts, Renaissance Revival and Arts and Crafts features last appeared on the market two years ago. At the time it was asking $3 million and sold for $2.6 million. It returns now with a relatively modest $195,000 uptick.

Located at 24 Prospect Park Southwest, it belongs to a row of 16 townhouses facing Prospect Park, pretty impeccable as a location. It was already converted to a three-family by the 1930s, giving the owner what is now advertised as a substantial rental income from a two-bedroom on the top floor and an “in-laws suite” in the above-grade basement level.

If you’re into woodwork, the formal dining room is pretty dreamy, with its wood panels, decorative mantel, exposed beams, window frames and drawers set below the bays, as well as inlaid detailing of the floors.

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Notwithstanding the quick resale, well-appointed townhouses with details in Windsor Terrace don’t necessarily become available that frequently, and the owners may have improved it since it last changed hands. The latest additions seem to include a newly tiled kitchen and bath, whitewashed oak floors in the second rental unit, a revamped bathroom on the top floor, and a renovated kitchen in the owner’s apartment. The latter includes Caesarstone countertops, stainless steel appliances and a retro commercial grade Wolf range.

The listing is from Maggie Ross and Franco Rinaldi of Compass. Now that two years have passed, does $2.795 million seem on the mark?

[Listing: 24 Prospect Park Southwest | Broker: Compass] GMAP