Foreclosure of the Week: 136 Underhill Avenue
This is one of the most—if not the most—valuable townhouses we’ve seen fall into the foreclosure hole in this market cycle. The four-story, two-family house has a lien of $990,000 on it and, depending on the condition of the interiors are in, would fetch over $1,500,000 on the open market. Kinda makes you wonder why…
This is one of the most—if not the most—valuable townhouses we’ve seen fall into the foreclosure hole in this market cycle. The four-story, two-family house has a lien of $990,000 on it and, depending on the condition of the interiors are in, would fetch over $1,500,000 on the open market. Kinda makes you wonder why the owner doesn’t just sell it quickly at a small discount, pay off the lien and keep the difference.
136Underhill Avenue [PropertyShark ] GMAP
Photo by Christopher Bride for Property Shark
Well I can think of a few more Biff.
1:31, thanks for “getting it” – sincerely. I wish certain others would understand that we’re here to have fun, maybe learn a little about what’s going on in Brownstone Brooklyn and try not to take anyone or anything too seriously. By the way, I agree that there are few things that get one going as effectively as a correction to one’s grammar!
In the tWhat’s hood, diverse means non-black and non-Spanish.
What some of you don’t know is how to deal with ghetto trash. You need to slap them around and show them whose boss. The tWhat ain’t nothin but a ghetto ass punk bitch.
Its funny whenever a few buyers see a few black and Spanish people in the neighborhood they call it diverse.
I must admit that Biff and Daveinbedstuy have fallen upon a fun internet habit, namely that of needling posters who always respond in a predictable manner. I’ve done the same to The What by correcting his grammar, and he falls into the trap every single time. The same goes for Montrose Morris, who goes berserk whenever anyone mentions crime in Crown Heights. Very entertaining!
i suspect fjorder got his “<" and ">” mixed up. No brownstones have sold in true PH for under $1M anytime recently. 164 Underhill (one block south) was recently on the market, in need of total reno, 3 floors instead of 4 at 136 Underhill, de-stooped, etc. for $1.4M.
To those of you who are saying brownstones in PH (below Washington) are selling for under 1m please let me know where and where. I will give you a nice commission.
A gut rehab just around the corner from this one went for 1.4 a few months back. Plus PH under is far from a Ghetto, it is the 5th priciest neighborhood in Brooklyn; a diverse community which like many other neighborhoods in experiencing an increase in petty crime.
The only reason i see this going to forclosure is time: it takes time to sell property. An auction usually yields instant results.
To those of you who are saying brownstones in PH (below Washington) are selling for under 1m please let me know where and where. I will give you a nice commission.
A gut rehab just around the corner from this one went for 1.4 a few months back. Plus PH under is far from a Ghetto, it is the 5th priciest neighborhood in Brooklyn; a diverse community which like many other neighborhoods in experiencing an increase in petty crime.
The only reason i see this going to forclosure is time: it takes time to sell property. An auction usually yields instant results.