Exceptional Investment Opportunity in Windsor Terrace – 8-Unit Stabilized Building with Additional Cell Phone Antenna Income/ Call Alan Ng for all open house/showing appointments
Presenting an opportunity to acquire a well-maintained and expertly managed 8-unit stabilized building in the highly sought-after neighborhood of Windsor Terrace. This solid investment property offers both long-term stability and consistent cash flow in one of Brooklyn’s most charming residential enclaves.
The building features eight fully occupied residential units, ensuring dependable rental income and low vacancy risk. The property has been meticulously cared for, reflecting pride of ownership and a proactive management approach. Recent upgrades and regular maintenance make this a true turn-key asset for investors.
Adding to the appeal is an established cell phone antenna lease, providing a reliable stream of additional income with minimal oversight—an increasingly valuable revenue source in today’s market.
Located just steps from Prospect Park, F/G subway lines, and a variety of beloved local shops, cafes, and schools, the property sits in an ideal location that continues to attract and retain quality tenants.
This is a rare chance to own a stable, income-generating asset in a thriving Brooklyn neighborhood. Ideal for long-term investors seeking strong fundamentals with good upside potential.
Active
Price cut: $220K (7/23)
$1,568,000
464 Prospect Ave #8, Brooklyn, NY 11215
24beds
7,208sqft
Rental Unit
Built in 1935
-- sqft lot
$-- Zestimate®
$218/sqft
$-- HOA
What's special
- 75 days
- on Zillow |
- 959 |
- 40 |
Zillow last checked: 7 hours ago
Listing updated: July 23, 2025 at 06:35am
Listing by:
Remax Real Estate Professionals 347-668-9809,
Alan Ng
Source: StreetEasy,MLS#: S1772198
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 8
- Full bathrooms: 8
Features
- Flooring: Hardwood
Interior area
- Total structure area: 7,208
- Total interior livable area: 7,208 sqft
Property
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Rental Unit
Condition
- Year built: 1935
Community & HOA
Community
- Subdivision: Park Slope
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $218/sqft
- Date on market: 5/20/2025
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