563 20th Street

Windsor Terrace

$2,495,000
Price
11
Beds
10
Baths
1
1/2 Bath
6,080 Sq. Ft.
$410 / Sq. Ft.
6,080
Sq. Ft.
$410
per Sq. Ft.

Description

Welcome to 563 20th Street - an exceptional 5 Unit Property featuring 11 bedrooms, 10.5 bathrooms with 8-balconies, rooftop, 5 Parking Spaces and rear yard nestled in the highly sought-after Windsor Terrace neighborhood. This three-story rent-stabilized building, solidly constructed in 2002, spans an impressive 6,080 sq. ft. on a 40' by 80' lot, offers tremendous upside and phenomenal layouts. Property Highlights: - Building Size: Approximately 6,080 sq. ft. (40 ft. x 60 ft.) - Lot Size: 40 ft. x...Welcome to 563 20th Street - an exceptional 5 Unit Property featuring 11 bedrooms, 10.5 bathrooms with 8-balconies, rooftop, 5 Parking Spaces and rear yard nestled in the highly sought-after Windsor Terrace neighborhood. This three-story rent-stabilized building, solidly constructed in 2002, spans an impressive 6,080 sq. ft. on a 40' by 80' lot, offers tremendous upside and phenomenal layouts. Property Highlights: - Building Size: Approximately 6,080 sq. ft. (40 ft. x 60 ft.) - Lot Size: 40 ft. x 80 ft. - Units: Five-unit building with 11 bedrooms and 10.5 bathrooms - Balconies: Eight balconies, plus a rooftop and rear yard - Parking: Garage with up to 6 parking spaces - Basement: Full basement with five locked storage units, a 3-set coin-operated machine laundry room, and a mechanical room with meters Residential Details: - First Floor Duplex: A sprawling 1,627 sq. ft., 3-bedroom, 2.5-bathroom unit - Upper Floors: Four sun-drenched, 2-bedroom, 2-bathroom apartments, each with two balconies - Luxury Features: King-size primary ensuites with full baths, open-concept kitchens with eat-in islands, oak wood floors, French doors, and recessed lighting throughout - Rooftop Potential: The rooftop offers an opportunity for furnishing and landscaping, with the potential to add value Financials: - Monthly Rent Roll: $12,527 -Expenses: -- Heat: $342/month -- Electric (Common Areas): $114/month -- Insurance: $272/month -- DEP: $300/month -- Real Estate Taxes: $117.49/month -- Partial tax abatement for 3 more years This rent-stabilized building is delivered fully occupied with long-term, reliable tenants in good standing. With its prime location, strong rental income, and the potential for rooftop enhancement, 563 20th Street is an outstanding investment opportunity with upside. Don't miss your chance to own this meticulously maintained property with tremendous upsides in one of Brooklyn's most desirable neighborhoods!

Property Details for 563 20th Street

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LISTING UPDATED: 10/31/2024 03:13 PM

Property Details for 563 20th Street

StatusActive
MLS IDRPLU-33423196567
Days on Market62
Taxes$117 / month
Maintenance-
Min. Down Pymt-
Total Rooms21.0
Compass TypeMulti Family
MLS TypeHouse/Building
Year Built2002
Lot Size3,200 SF / 80' x 40'
CountyKings County

Building

563 20th St

5 Units3 StoriesBuilt in 2002

Building Information for 563 20th Street

Stories3Residences5Year Built2002Building Size40' x 60'Building Sq. Ft7,200 SFLot Size3,200 SF / 80' x 40'Building Age-Building Type-

Property Information for 563 20th Street

Summary
Location and General Information
  • Subdivision Name: Windsor Terrace
  • Stories Total: 3
  • Garage Spaces: 0.0
  • View: No
Taxes and HOA
  • Tax Lot: 0073
  • Tax Block: 00890
  • Flip Tax: $0
  • Building Tax Lot: 0073
  • Tax Abatement YN: false
Parking
  • Garage: Yes
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 6080.0
  • Building Area Total: 6080.0
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 80.00x40.00
  • Living Area Units: SquareFeet
  • Building Name: 563 20th Street
Building Information
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Laundry Features: Other
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: None
  • New Construction: No
  • Structure Type: Townhouse
  • Property Condition: Excellent
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Patio And Porch Features: Patio
Interior Features
  • Cooling: WallUnits
  • Entry Level: 1
  • Fireplace: No
  • Floor Number: 1
  • Basement: No
  • Cooling: Yes
  • ElevatorsTotal: 0
  • Size Dimensions: 60.00x40.00
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Delivered Vacant: No
  • Attendance Type: None
  • Land Lease: No

Property History for 563 20th Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 563 20th Street

Taxable ValueLand$308,250Additions$447,300Total$755,550
Home Facts
Total Finished SqFt6,080 SqFtLot Size3,200 SqFtYear Built2002ZoningR5APN3008900073

Schools near 563 20th Street

This home is within Nyc Geog District #15 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 130 The Parkside
PublicPK to 5

Cyberarts Studio Academy
Public9 to 12

Jhs 88 Peter Rouget
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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563 20th Street is a multi-family home for sale in Windsor Terrace. This property was listed for sale on September 17, 2024 by Corcoran Group, it's currently listed at $2,495,000. This listing's school district is Nyc Geog District #15 - Brooklyn. Nearby schools include P.S. 130 The Parkside, MS 442 Carroll Gardens School for Innovation and Cyberarts Studio Academy. 563 20th Street is a 11-bed, 10.5-bath, 6,080 sqft multi-family home built in 2002.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Group

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.