House of the Day: 152 Underhill Avenue

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This house at 152 Underhill Avenue isn't officially on the market yet, according to the listing, but it's still frustrating not to have any interior photos. The three-story house looks quite charming from the outside, but whether it's charming enough to justify the $1,800,000 price tag remains to be seen. It seems like a stretch to us given the absence of a fourth floor and only a standard (100-foot-deep) lot size. (Many of the lots in this neighborhood are 125-feet-deep, resulting in some mega backyards.) Thoughts?
152 Underhill Avenue [Douglas Elliman] GMAP P*Shark

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Those prices just scare me. How they come up with those figures? Madness its just plain madness.....

Posted by: Brooklyns_da_Boro at August 20, 2008 1:40 PM

900k

Posted by: Santa at August 20, 2008 2:07 PM

How can the brokers say this place has all its original charm and details when it's a single-family that was turned into a 3-family with a kitchen and bathroom added to each floor? It's an apartment building, not a house. We have a house exactly this size and there's no room for a full bathroom on the parlor floor without putting up walls in weird places. This is at least $2.5 million house after renovations to fix the weirdness. I like Prospect Heights but it's not worth that. These brokers are clueless.

Posted by: traditionalmod at August 20, 2008 2:26 PM

actually Mr. B, most of the houses on the adjacent blocks of Park Pl and Prospect Pl are on 131-ft lots. Really huge yards. Comps for slightly smaller 3-story brownstones with those bigger lots around the corner run around 1.7m. This is right across the street from one of the nicest playgrounds in Brooklyn. A gut reno (and I mean gut) on Prospect recently went for 990k, so no way does this go that low. If this place is in decent shape with mechanicals, and has any original details, I doubt it goes for less than 1.5, even in this market. This is also in the proposed expanded historic district.

Posted by: Frederick Law Homestead at August 20, 2008 3:41 PM

Why is it listed before it goes on the market? Isn't that a little weird?

Posted by: Heather at August 20, 2008 4:04 PM

$1.8 million... so at least $3500 a month per unit to even break even each moth. Hope it doesn't need any improvements or ANYTHING. $3500!! And really, the owner would probably want more like $5000 per unit.

Lunacy i say!

Posted by: tybur6 at August 21, 2008 10:23 AM

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August 20, 2008

House of the Day: 152 Underhill Avenue

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