Market Overview for Quarter 3, 2021
Median Sale Price
No. of Transactions
Brooklyn Median Sale Price
What is the median sale price and median price per sq ft in Windsor Terrace?
Windsor Terrace Neighborhood Map
Home buyers who want the excitement of NYC paired with a laid-back neighborhood vibe would be wise to take a close look at Windsor Terrace. Close to both Prospect Park and Park Slope, there are dozens of eateries throughout these neighborhoods which are tasty and unpretentious. Housing prices are affordable but on the rise.
Top most expensive neighborhoods in Brooklyn
Windsor Terrace median price compared with other neighborhoods in Brooklyn
Property values in Windsor Terrace are in-line with the median property values of Windsor Terrace.
Windsor Terrace median price compared with all the neighborhoods in Brooklyn
|Neighborhood||Borough||Median Sale Price|
|Columbia Street Waterfront District||Brooklyn||$1,102,400|
|Prospect - Lefferts Gardens||Brooklyn||$863,750|
|Prospect Park South||Brooklyn||$745,000|
|Old Mill Basin||Brooklyn||$660,000|
|East New York||Brooklyn||$535,000|
Residential Properties Sold in Windsor Terrace
|Property Type||Median sale price||Y-o-Y||Median sale price/sqft||Y-o-Y||Transactions|
The median house sale price in Windsor Terrace in Quarter 3 was $1.7M, up 22% year-over-year. Condo and coop prices in Windsor Terrace trended similarly, with a median condo price of $986K, up 41% year-over-year, and the median coop sale price up 22 % year-over-year to $676K.
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Windsor Terrace Neighborhood Guide
Though it's located between Prospect Park and Park Slope, Windsor Terrace has a small-town vibe that residents love - and this is partially caused by the fact there are very few traffic lights and many more stop signs. With a wide range of restaurants, unassuming shops, and relatively low housing turnover, there's a lot for locals to love about this spot. Of course, the relative abundance of parking spaces - at least compared to other Brooklyn neighborhoods - and the wealth of transportation options doesn't hurt either.
Architecture and landmarks
Windsor Terrace is largely made up of well-maintained single-family homes, many of which have stained glass windows, covered balconies, and other unique attributes. There are homes with huge bay windows, clapboard Italianate homes with multicolored cornices, a few apartment buildings - including the ten-story Windsor Tower - a rental building with 73 units over seven floors, and a condo tower that was once a paint factory. Homes in this neighborhood vary in style, with a few small, one-story clapboard homes with attics, bigger two-story homes complete with basements and exterior wood framing, and numerous attached brick townhouses, which typically either have curved facades with bay windows or flat facades and traditional windows. There are several landmarks in Windsor Terrace, including Kensington Stables, the only remaining stable in the area, and the Engine Company 240 Battalion 48 firehouse, which was completed in 1896 and is an official landmark as designated by the NYC Landmarks Preservation Commission.
Residents of Windsor Terrace have access to both the F and G trains, which get to Midtown in just over 40 minutes. Other options include four local bus routes, several express routes, and the B103 bus that goes through Windsor Terrace without making a stop. Drivers have easy access to the Prospect Expressway, which runs through the middle of the neighborhood.
Most younger students in Windsor Terrace attend PS 130, also known as the Parkside School, which goes through fifth grade, and then move on to MS 88 in nearby Park Slope, which received an A on its most recent report card from the city. The Brooklyn College Academy has two campuses for juniors and seniors in high school.
There isn't a hospital within Windsor Terrace, but there are nearby options in Park Slope, Borough Park, and South Slope. The number of physicians in private practice is also limited in this neighborhood, though there are a few options. Most people travel a little to get their medical needs met.
Windsor Terrace is patrolled by the 72nd Precinct of the New York City Police Department where there were 9.71 reported crimes per 1,000 residents in 2016. This makes the neighborhood about average when compared to crime statistics for other neighborhoods in Brooklyn, and lower than average compared to NYC as a whole.
Things to do
Farrell's Bar & Grill has been through three owners but has been successfully running since the early 1930s. Popular with police and firefighters today, local lore claims that this was the first bar in all of New York City to get its liquor license reinstated when Prohibition ended.
Much of Windsor Terrace is residential, though there are a few areas of commerce, mostly along Prospect Park West, Fort Hamilton Parkway, and Prospect Avenue. Since the turn of the century, new stores have been opening, most of which are family owned and operated - though there is a Walgreens and a chain grocery store. There are two popular bars (the Adirondack and the Double Windsor), a food store and cafe named The Tuscan Gun, Le Paddock (a French restaurant), Batata (a Middle Eastern restaurant), and a pub that serves food (Hamilton's).
There are also locally owned yoga studios, coffee shops, and other businesses you'd expect to find in Brooklyn. There is a Windsor Terrace branch of the Brooklyn Public Library.