House of the Day: 115 Underhill Avenue
Although the asking price on 115 Underhill Avenue would seem high even if it were next to a nice historic structure, the fact that its neighbor is a nasty new Fedders building makes the asking price almost laughable. (This listing makes us think there should be a tax on people who build eyesores that could…
Although the asking price on 115 Underhill Avenue would seem high even if it were next to a nice historic structure, the fact that its neighbor is a nasty new Fedders building makes the asking price almost laughable. (This listing makes us think there should be a tax on people who build eyesores that could be used to compensate nearby property owners for the value destruction.) And while there may be a handful of blocks in Prospect Heights that can justify Park Slope-like prices, this ain’t one of them. The 5,000-square-foot building is currently configured as a four-family house; given the lack of photos or floor-plan, it’s hard to believe that it would be particularly easy to convert to a one- or two-family home. So even if the listing is telling the truth about the “great details” on the interior, $2,500,000 seems completely unrealistic to us.
115 Underhill Avenue [Douglas Elliman] GMAP P*Shark
My wife and I looked at 202 Prospect Pl. It’s a lovely house, 21′ or 22’wide, with a huge and beautifully landscaped garden. Yeah, there is a pool next door, so what? Interesting…but I never noticed the barbed wire, maybe because the fence is really high in the back. I bet it was probably put in by the apartment building, not by the owners of 202.The garden might be shady in the back, but the deck is sunny and so are the top 2 floors. We would have put in a bid, but it’s over-budget for us. There were at least 2 other houses in Prospect Heights that sold for over $2M. One was on St. Marks and one was on Park Pl. just around the corner from Flatbush. The on Park Pl. was a nice house but only 18′ wide and on a really short lot abutting all the commercial buildings on Flatbush. PropertyShark says it sold for $2.222M. OK…so the market might be a little different now, but 202 is in a much better location, is bigger and sits on a big lot. I think it should really sell now that the price has come down. I say that it goes for around $2.2M
the inside of that building is in terrible condition (at least, the part of it that i’ve seen).
Ha. Ha ha. Ha ha ha. Ha ha ha ha. Ha ha ha ha ha.
A small 1 family house on St. Marks just off Underhill just sold for a reported 1.8 million something.
i have 4 rental units in this neighborhood and i get great rents. starting with 1200 for a studio up to 2300 for a 3 bed and i feel these are underpriced. if you think the neighbors are shitty and value decreasing you should have been here 12 yrs ago when we moved here. they saints comparatively speaking!
over priced unless all tenants are paying over 3k+ each.
Yeah you’re right, 3:04.
Your comments on this home are THRILLING.
It never ceases to amaze me how hypocritical people are.
Ok, back to the house. It’s overpriced, has tenants, shitty value-decreasing neighbors, and not the best location.
Ha. Ha ha. Ha ha ha. Ha ha ha ha.