Barbara Puccia - Broker Brooklyn, NY
Barbara Puccia - Broker | For Sale Barbara Puccia - Broker | For Rent Barbara Puccia - Broker | Email: Barbara Puccia - Broker | Office: 347-987-1406
136 Terrace Place ~ Windsor Terrace
Building Type: Two-Family
Bedrooms: 8
Bathrooms: 5
Outdoor Space: Yes
Asking Price: $1.550M
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Proximity: Park/Trains/Shopping/PS 154 & More
Built in 1965, this commanding two story two family plus fully above grade one bedroom garden split level guest suite sits on a 21.5 ft x 109 ft deep lot and the house is a strapping 51 feet deep!

The top floor offers a beautiful 3 bedroom two full bath split level apartment with a private terrace and easily commands $2,800 to $3,500 monthly, while there is still more income potential to be considered if you are a therapist or an accountant or an attorney etc. this guest suite can alternatively be used as your office saving you whatever you would paying as rent.

This then leaves the owner with a 3 bedroom two full bath triplex plus fabulous completely finished rec/family room overlooking the backyard which is green and lovely everywhere for your family to spreads its wings!

This house is deceptive with all the split levels it really feels huge like there are four floors and it flows and lays out so well!

The entire house including the tenant's apartments each have private entrances and everywhere is drenched with sunlight!

There are wood floors throughout the house, as well as, eat in kitchens and wide open dining rooms flowing into spacious living rooms!

Don't miss this house there is even a garage that once you pull your car into you will walk directly inside your house, as well as, there is enough space for two more cars in the driveway !

As you pull up to the front of the house you will see a neatly manicured and landscaped front garden adorning a charming open porch for you to enjoy as you take in a breath of Prospect Park just one block away!!

We are just two blocks to either the Ft Hamilton or 15th Street stop on the F/G trains and one block to Prospect Park, as well as, steps to Park Slope and 20 minutes to NYC and the famous Coney Island Beach and Boardwalk. We are in District 15 and PS 154 school district.

Restaurants, cafes, boutiques, markets, movie theater and so much more are all just steps away!

Asking $1,585,000, with 10% down which is $158,500 that leaves you with a mortgage of $1,426,500 and offering a rental which will easily command $3,500 monthly, that means at a 3.75% interest rate it is $463 per hundred thousand that you are borrowing and the $3,500 rental offsets approximately $755,940 of the mortgage which further means folks you are essentially getting a brick one family 3 bedroom 2 bath triplex with a yard and a garage plus an owner’s split level garden 1 bedroom with private kitchen, bathroom and living room guest suite for approximately $670,560!

Built In: 1965
School District: 15 / PS 154
Lot size : 21.5 ft x 109 ft
Building Size: 21.5 ft x 51.33 ft

Expenses: Income:
Real Estate Taxes: $ 6,068 Rental - Top Floor: Presently $2,550
Insurance: $ 1,500 (market rent $2,800-$3,500)
Water & Sewer: $    800 Rental - Owner's Triplex $ 5,000
Heat: $ 3,200 Office/Place of Business (for owner’s use only*) $ 1,500

Annually: $11,568
Monthly: $     964

*It would cost the owner $1,500 to rent a comparable office space

View The Floor Plan

Barbara Puccia - Broker | 718.755.1609
Principals only. No brokers please!

Subject to error, omissions, changes and deletions without prior notice.