House of the Day: 144 Underhill Avenue
This 4-story, 23-foot wide brownstone at 144 Underhill Avenue is a beauty but it’s priced as if it were on the other side of Flatbush Avenue. The more we look at the photos of this place, the more we like it—the woodwork, the multiple exposures, the old extension. (Don’t forget the two-car garage.) It all…
This 4-story, 23-foot wide brownstone at 144 Underhill Avenue is a beauty but it’s priced as if it were on the other side of Flatbush Avenue. The more we look at the photos of this place, the more we like it—the woodwork, the multiple exposures, the old extension. (Don’t forget the two-car garage.) It all adds up to one heck of a place. We just don’t think the market’s ready to bear a $2,750,000 asking price in this location yet.
144 Underhill Avenue [Brooklyn Properties] GMAP P*Shark
Anyone notice how many properties on 3rd street have suddenly come on the market including that gorgeous building on the South side of 3rd abutting the open garden right below the park? Makes me think that supply is starting to pick up big time.
3:20…Yes I know that homes sold for 75K, but I don’t believe Prospect Heights in 2008 is in a similar state of gentrification that Park Slope was in 1975.
Most of Park Slope was a pit back then. And very crime ridden.
I stand by my statement because I think Prospect Heights has made major headway in crime and think the neighborhood is probably similar to Park Slope of the early to mid 90’s…
For the EXACT same price, wouldn’t nearly everyone here prefer this property??
http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1267058
Does Brooklyn Properties not know about the usage of comps???
My lord!
“when park slope was in a similar state of gentrification, you would be spending 400K for a house like this”.
2:59-
Try 75K- that’s right- 75,000K. That was the homesteading offer in the 1970’s.
$2.75 million for this corner in Prospect Heights? In this market, when “fringe” areas are the ones that are suffering? I don’t think so. I can spend 100K less and get a 22 foot wide, renovated brownstone on 3rd Street & 6th Avenue in Park Slope. I suggest the sellers drop Brooklyn Properties and get real.
Yes, I think most people would agree with you, 3:06.
Prospect Heights is farther along in the gentrification spectrum than Clinton Hill is.
Brooklyn Heights and Park Slope were sortof the hub for the intial wave in the 50’s and 60’s, followed by Carroll Gardens and Cobble Hill, then Prospect Heights and Ft. Greene and now Bed Stuy, Clinton Hill and Crown Heights…
I still think 2.75 million is a bit ridiculous when you can get something in one of the most established areas which are asking the same thing.
Greedy and out of touch sellers, if you ask me.
I’ll take Ft. Greene over Prospect Heights anyday. The blocks are too long and desolate in PH, and there is nothing going on. Ft. Greene and even Clinton Hill have designated historic districts, unlike PH. Considering that many listings are in the same price range, Ft. Greene by comparison is a much nicer and safe neighborhood with many more amenities.
2:59 / 3:01 – The 80’s are over. Get used to higher prices.
These comments are so funny.
Either a property is too close to a busy street (horrors!) or it is too quiet.
I live in Brooklyn Heights and I find Prospect Heights more comfortable to walk in, in terms of a feeling safe, than Clinton Hill where there seem to be more idlers and loungers hangin’ around.
It is definitely the up and coming star of brownstone Brooklyn.