207 Prospect Park Southwest (Windsor Tower)
207 Prospect Park Southwest, Brooklyn, NY 11218
BBL 3052877501 · BIN 3324228
- Year built
- 1990
- Type
- Condominium
- Units
- 35
- Floors
- 11
- Landmark
- No
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Windsor Tower, the name used in the offering plan and the recorded condominium declaration 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.
This is one of the very few condominiums on the Windsor Terrace edge of Prospect Park. The park frontage along Prospect Park Southwest is almost entirely cooperative, from 185 Prospect Park Southwest a few doors north to the prewar blocks toward Park Slope. Windsor Tower offers the same view with fee ownership, no board approval of buyers, and a deeded parking space available on the same lot.
It is also a building whose early history was difficult and is now settled. Cymbidium Development Corp. offered the condominium in March 1990. Sales started slowly, and the plan amendments record the construction lender extending its mortgage on condition that closings happen by set dates. The sponsor sold only a handful of apartments. The rest went to the FDIC, as receiver for the failed bank, through a 1995 foreclosure recorded in ACRIS. In February 1997 a successor sponsor, MN Building LLC, bought the 30 unsold residences and 33 unsold parking units from the FDIC, per the Sixth Amendment. It resold them one by one between 2000 and 2002.
That history no longer affects buyers, and the record shows why. No apartment is left in sponsor hands. Every residential lot has passed to separate, unrelated owners, and many have resold since. For lenders that is the important fact. It is a fully sold, owner-controlled condominium.
Architecture and unit composition
A nine-story brick apartment building of 1990, about 95 feet to the roof, set on a deep lot with outdoor parking behind. One lobby entrance serves every unit. The ground floor holds four apartments and the Professional Medical Unit, a professional office that the plan allows to be used for any lawful purpose permitted by zoning. The building-department record shows a doctor's-office renovation there in 2000. Floors 2 through 6 carry five lines each. Above the sixth floor the building narrows to two apartments a floor on 7, 8 and 9, and the plan's schedule marks terraces and balconies on some lines.
Listing records put the one-bedrooms at about 620 to 630 square feet and the two-bedrooms at roughly 800 to 935 square feet. The Fifth Amendment enlarged one plan unit from 829 to 935 square feet. Construction is standard for 1990: sheetrock partitions, through-wall heating and air conditioning, a compactor chute and electric meters in each apartment. The plan delivered apartments with a range, dishwasher and microwave, but no refrigerator.
Building operations
The condominium is professionally managed. Its governing documents are the 1990 plan, declaration and by-laws, as amended through at least the Sixth Amendment. The plan's rules require a set share of each residence's floor area, outside kitchens, baths, closets and foyers, to be covered with carpet or equivalent sound-deadening material. Buyers should confirm the current version of that rule before planning hardwood floors.
The largest change to carrying costs has already happened. The 25-year 421-a ran full for most of its term, stepped down over its last four years and left the roll after 2016/17. Sample unit lots' assessed values roughly doubled between the 2015/16 and 2018/19 rolls. Anyone comparing current common charges and taxes against listings from before 2017 is looking at different costs. Recent façade work (a 2019 repair filing and the 2022 Cycle 9 report) should be checked against the board's current capital plan.
Recent sales
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Recent closings 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 |
|---|---|---|
| Aug 11, 2026 | P18 | $1,161,000 |
| Dec 3, 2025 | 4A | $939,000 |
| Apr 2, 2024 | 3A | $970,000 |
| Sep 18, 2023 | P20 | $877,500 |
| Jul 11, 2023 | 6D | $862,500 |
| May 24, 2022 | P2 | $950,000 |
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-05287-7501) 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? Condo closing costs with a mortgage typically run 3 to 6% 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
Buy the parking unit with the apartment if you can. Spaces are separately deeded and trade on their own. Check the deed and tax lot for the specific space, and budget its common charges and taxes separately.
Underwrite full taxes. The 421-a is gone. Pull the current tax bill for the unit lot, not a figure from an old listing.
Ask for the capital picture. Request the current budget, reserve balance, any assessment history and the status of the Cycle 9 repair program before contract.
Confirm the rules the plan leaves open. Leasing, pets and any right of first refusal should come from the managing agent in writing. The portions of the plan reviewed do not settle them.
What to know if you’re selling
Lead with the park and the parking. A fee-simple apartment facing Prospect Park, with deeded parking available on the lot, is rare in Windsor Terrace. Price and market them together.
Have the documents ready. A buyer's attorney will ask about the 1990s foreclosure and the successor sponsor. Having the Sixth Amendment and the current financials ready answers that before it slows the deal.
Price against condominiums, not co-ops. Use the neighborhood's condominium comparables. Co-op per-room pricing next door does not translate.
Comparable buildings
If you're considering 207 Prospect Park Southwest, also evaluate:
- 155 Terrace Place (Prospect Park Mews) — Windsor Terrace's 1988 low-rise condominium around a gated parking mews; the closest fee-simple peer
- 35 McDonald Avenue (The Simone) — a 35-residence 2007 condominium nearby, with a 25-year 421-a that phases out from 2029
- 185 Prospect Park Southwest (The Lakeview) — the park-facing postwar cooperative a few doors north; the same view as shares
- 651 Vanderbilt Street (Park Vanderbilt) — Windsor Terrace's largest elevator cooperative, near the park
- 140 East 2nd Street (Hamilton House) — the neighborhood's most-traded prewar cooperative
- 1638 Eighth Avenue (Prospect Park Terrace) — South Slope condominium over a garage, with a 25-year 421-a phasing out from 2032
- 40 Prospect Park West — Park Slope park-front cooperative; the ceiling on this side of the park
More Windsor Terrace buildings
- 14 Prospect Park Southwest (Windsor Terrace Owners Corp.) — 1920 co-op
- 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
- 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.
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 Windsor Tower, the name used in the offering plan and the recorded condominium declaration?
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