14 Prospect Park Southwest (Windsor Terrace Owners Corp.)
14 Prospect Park Southwest, Brooklyn, NY 11215
BBL 3011060019 · BIN 3026734
- Year built
- 1920
- Type
- Cooperative
- Units
- 48
- Floors
- 10
- Landmark
- No
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 14 Prospect Park Southwest (Windsor Terrace Owners Corp.) would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
It is three buildings, and that is the headline. City data lists 14 Prospect Park Southwest as a 16-unit co-op. The corporation actually owns 7, 10 and 14 Prospect Park Southwest together: 48 apartments, one board, one budget, one underlying mortgage. A buyer at any of the three addresses is buying into the whole. Shares in all three trade as ACRIS share transfers to separate, unrelated buyers. Apartment numbers run in one sequence across the three buildings. Number 7 holds the low numbers, number 10 the high teens through the low 30s, and number 14 the 30s and 40s.
The park is across the street. The buildings face Prospect Park near its southwest corner. That is the main reason apartments here sell above ordinary Windsor Terrace walk-up stock.
It is a walk-up, and it is priced like one. Four stories and no elevator. The apartments in the 1986 plan were mostly three and four rooms with one bath. This is a building of compact prewar apartments with a park view, and it should be underwritten that way.
Architecture and unit composition
Three attached masonry buildings, each on a lot about 50 feet wide and 82 deep. The offering plan's engineering report describes the front elevations as limestone from street level to the second floor and red face brick above, with limestone panels below the windows and limestone lintels. The rear and the east and west courtyard walls are brick with brick arches. Floors and roofs are wood joists on brick bearing walls. Each building has one stair to the roof and no elevator.
PLUTO gives each building roughly 12,400 gross square feet. Sixteen apartments per building across four floors means about four apartments per floor. The plan's share schedule repeats the same allocations building to building, so the three buildings appear to share a single floor plan. Combinations have occurred: two adjoining apartments at number 14 sold together in 2024.
Building operations
Heat is shared. At conversion, one oil-fired boiler in the cellar of 10 Prospect Park Southwest supplied heat and hot water to all three buildings. The plan's engineering report calls the chimney at 14 "unused." Ask whether that arrangement still stands, what fuel the plant burns now, and when it was last replaced. In a shared plant, a boiler failure affects 48 apartments.
The underlying mortgage. The most recent filing in ACRIS is a consolidated mortgage of $1.75 million with a savings bank, recorded in 2013. No later mortgage is recorded. Term, rate and maturity are not public. A mortgage from 2013 may be at or near maturity, so ask the managing agent for the current balance, rate and maturity date, and whether a refinancing is planned.
Staffing. The 1986 plan provided for one live-in superintendent. Current staffing and management should be confirmed.
Capital. Three four-story buildings fall below the Local Law 11 façade threshold, which applies to buildings taller than six stories. Masonry pointing, parapets, roofs and the shared boiler are the likely capital items. Ask for the last two audited statements, the reserve balance, and any assessment in the past five years.
Policy framework
Ownership form: Cooperative. Shareholders hold stock in Windsor Terrace Owners Corp. and a proprietary lease on their apartment.
Real estate taxes: No building-level exemption is on the roll. Shareholder-level co-op abatement, if any, shows up in maintenance and should be confirmed with the managing agent.
Sponsor position: ACRIS records sponsor sales of unsold shares from 2004 through 2017. The electronic share-transfer record begins around 2003, so earlier sales would not show. No sponsor sale has been recorded since. Whether any unsold shares remain should be confirmed with the managing agent.
Everything else must come from the managing agent. Financing ceiling, minimum down payment, flip tax, sublet policy, pied-à-terre use, purchases through trusts or LLCs, pets, and the board package and interview process are not documented in anything we hold beyond the 1986 plan. Treat them as unknown until confirmed in writing.
Recent sales
Apartments here are priced as prewar walk-up co-op stock on the park. That puts them above side-street walk-ups in Windsor Terrace and the South Slope, and below elevator co-ops with park frontage. Compare per room. Adjust for floor (a fourth-floor walk-up has the best view and the longest climb) and for any combination.
Be careful with the 24-month median. The recent sales record includes a two-apartment combination, which pulls any median well above what a single apartment sells for here. Use single-apartment sales from all three buildings, not only number 14, as the comparison set.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Recent transfers at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.
| Date | Unit | Price |
|---|---|---|
| Jun 30, 2025 | 45 | $830,000 |
| Oct 17, 2024 | 37&38 | $1,825,000 |
| Oct 7, 2024 | 42 | $735,000 |
| Aug 14, 2019 | 45 | $700,000 |
| Jul 30, 2019 | 43 | $750,000 |
| Jun 8, 2018 | 45 | $597,712.75 |
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-01106-0019) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.
Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
You are buying into three buildings. The budget, the boiler, the mortgage and the board cover 7, 10 and 14 together. Read the financial statements as a 48-apartment corporation.
Ask about the mortgage first. The last recorded financing dates from 2013. Its maturity and any refinancing plan are the biggest open question on the page.
Expect a full board process. Get the purchase application, financing ceiling and flip tax in writing from the managing agent before you bid.
What to know if you’re selling
Sell the park and the scale. Park frontage in a small prewar building is the case. Say so directly.
Have the answers ready. Buyers will ask about the underlying mortgage, the shared boiler and the board requirements. A seller with the current financials and policy stack in hand closes faster.
Comparable buildings
- 185 Prospect Park Southwest — postwar elevator co-op farther down the same avenue; the elevator alternative with park frontage
- 207 Prospect Park Southwest — condominium on the same avenue; the condo comparison
- 125 Prospect Park West — prewar elevator co-op on the park's western edge
- 636 Warren Street — three attached prewar walk-ups under one regime, eight apartments each; the closest structural parallel
- 467 Pacific Street — prewar walk-up co-op in Boerum Hill; similar format, different location
- 140 East 2nd Street — larger prewar co-op nearby in Windsor Terrace
- 155 Terrace Place — Windsor Terrace condominium; the newer-construction alternative
More Windsor Terrace buildings
- 140 East 2nd Street (Hamilton House) — 1940 co-op
- 155 Terrace Place (Prospect Park Mews) — 1990 condominium
- 185 Prospect Park Southwest (The Lakeview) — 1961 co-op
- 207 Prospect Park Southwest (Windsor Tower) — 1990 condominium
- 651 Vanderbilt Street (Park Vanderbilt) — 1963 co-op
- The Simone, 35 McDonald Avenue — 2007 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Windsor Terrace.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 14 Prospect Park Southwest (Windsor Terrace Owners Corp.)?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.