Named after Windsor, England, Brooklyn's Windsor Terrace neighborhood has long been a preferred destination for homebuyers looking to put down roots. The area is well-known for its beautiful architecture and tranquil, tree-lined streets. This charming, family-friendly neighborhood that is located to the south of Prospect Park is highly desirable but more affordable than its well-known neighbor, Park Slope. That makes Windsor Terrace the perfect neighborhood for anyone interested in buying a home in a classic brownstone Brooklyn neighborhood, without paying a fortune.
Many residents are transplants from Prospect Park, having been attracted to the area thanks to the many similarities between the two neighborhoods and the better real estate prices in Windsor Terrace. This has, of course, driven prices up in recent years but has also led to the opening of many hip new restaurants and trendy boutiques, making the neighborhood all the more convenient. Homeowners in the neighborhood also enjoy the wonderful proximity to Prospect Park as well as the quiet, small-town vibe.
There hasn't been much new residential development in the area, so you should expect older apartments in classic brownstone buildings and rowhouses over more modern luxury high-rise condo buildings. The most luxurious townhouses in the neighborhood can sell for millions of dollars, although they're still far more affordable than comparable homes in neighboring Park Slope.
Houses and apartments for sale in Windsor Terrace Brooklyn are a great investment opportunity as home prices are expected to appreciate through the years due to the area's desirability.