164 Underhill Avenue
Listing Notes
Perfect 1031 Tax Exchange Property! Welcome to 164 Underhill Avenue, a remarkable property nestled in the heart of Brooklyn's coveted Prospect Heights neighborhood. This fully renovated five-family residence blends modern luxury with classic charm, making it an outstanding investment opportunity or a spacious home for an owner-occupant. Spanning 4,441 square feet, the property offers four bedrooms and seven bathrooms, providing both space and privacy. The owner's duplex stands out with two bedrooms, two-and-a-half bathrooms, and a private garden perfect for relaxing or entertaining. The kitchen features stainless steel appliances, two-toned custom cabinetry, and elegant marble countertops, creating a sophisticated yet functional space. Carrara marble bathrooms add a refined touch throughout. Split system heating and cooling provides year round comfort. The second and third floors include a renovated studio and a one-bedroom apartment, both offering strong rental income and consistent demand. All units are set up separately with mechanicals for heating, cooling and hot water. Set on a picturesque, tree-lined block, the property provides a quiet urban retreat while being close to the Brooklyn Botanic Garden and Prospect Park. Enjoy easy access to neighborhood favorites like Radio Bakery, Leland Eating and Drinking House, and Union Market, with the Grand Army Plaza Farmers Market just a short walk away. Conveniently connect to the 2, 3, 4, 5, B, D, N, Q, and R trains at Atlantic Terminal, and it's also within walking distance of Barclays Center.
Price in context
Cheaper than 45% of the 20 homes listed nearby right now, which run $1,895,000 to $4,895,000.
See all 20 nearby listings
| Address | Asking | Size |
|---|---|---|
| 115 Eastern Parkway 3H | $1,895,000 | 3 bd · 2 ba |
| 149 Prospect Place PENTHOUSE | $1,895,000 | 2 bd · 2 ba |
| 9 Prospect Park West 1A | $1,895,000 | 2 bd · 2 ba |
| 145 Park Place 2H | $1,895,000 | 2 bd · 2 ba |
| 550 Vanderbilt Avenue 1110 | $1,990,000 | 2 bd · 2 ba |
| 660 Dean Street 1 | $1,995,000 | 2 bd · 2.5 ba |
| 908 President Street 2/3 | $1,995,000 | 3 bd · 2 ba |
| 692 Washington Avenue | $2,450,000 | 4 bd · 3.5 ba |
| 149 Prospect Place GARDEN | $2,495,000 | 2 bd · 2.5 ba |
| 200 Saint Mark's Avenue 1 | $2,800,000 | 3 bd · 3 ba |
| 820 Classon Avenue 6F | $2,850,000 | 3 bd · 3 ba |
| 398 Sterling Place 1 | $3,495,000 | 3 bd · 2.5 ba |
| 204 Berkeley Place 1 | $3,500,000 | 3 bd · 2 ba |
| 535 Washington Avenue HOUSE | $3,995,000 | 8 bd · 5.5 ba |
| 1 Prospect Park West PHC | $4,285,000 | 3 bd · 2.5 ba |
| 245 Prospect Place | $4,350,000 | 14 bd · 4 ba |
| 39 Plaza Street West PH | $4,500,000 | 3 bd · 2 ba |
| 140 Prospect Place HOUSE | $4,500,000 | 5 bd · 3 ba |
| 819 Dean Street | $4,800,000 | 5 bd · 5 ba |
| 909 Union Street | $4,895,000 | 7 bd · 5.5 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more
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