Updated 9 days ago

164 Underhill Ave

Prospect Heights, Brooklyn | Park Ave & Myrtle Ave

15 Rooms4 Beds7 Baths4,441 Square FeetIncome Property

$3,400,000
floors / apts3 / 5
Lot Size20'x100'
Built Size20'x47'
ZoneR6B
Building TypeTownhouse
RE Taxes$24,252
Price Per SF
$766

Listing Features

  • Gas Heat

Outdoor space and views

  • Backyard [20'x30']
  • Frontyard [20'x16']

Building Amenities

  • Voice Intercom
  • Garden
  • Gated Entry
  • Outdoor Parking
  • Second Entry

Property Description for 164 Underhill Ave

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.

Listing History for 164 Underhill Ave

Now
05/04/2026
$3,400,000
Initial Price by Ellen Gottlieb
Corcoran
02/09/2026
TOM by Ellen Gottlieb
Corcoran

Building Details for 164 Underhill Ave

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts3/5
Learn More About the Building

Transit and Citi Bike

Subway

Grand Army Plaza
0.22 miles
Eastern Pkwy-Brooklyn Museum
0.28 miles
7 Av
0.31 miles
Park Pl
0.49 miles

Citi Bike

Underhill Ave & Lincoln Pl
0.11 miles
Prospect Pl & Underhill Ave
0.11 miles

Contact Agent

Contact Agent

Licensed As
Ellen J Gottlieb
Associate Broker
License#:
30GO0990231
Company:
Corcoran
View this property on the company's website

Prospect Heights | Brooklyn

Quick Profile

Prospect Heights is a small residential neighborhood surrounded by big attractions. It’s rich in culture and offers the perfect blend of old Brooklyn charm and modern-day hipness. 

Residents of this tight-knit community include young professionals, families and long-time residents. It’s a walkers paradise - just steps from Prospect Park and a short walking distance to neighborhoods like Downtown Brooklyn, Fort Green and Clinton. You’re close to culture too. Brooklyn Museum, Brooklyn Library, Brooklyn Botanical Garden, Brooklyn Academy of Music and the Barclays Center are all nearby.

Prospect Heights is bordered by Flatbush Avenue to the west, Washington Avenue to the east, Atlantic Avenue and Dean Street to the north and Eastern Parkway to the south.

Prospect Heights, like many areas of New York City, was first inhabited by indigenous tribes and eventually settled by the Dutch and turned into farmland. 

A significant part of the Revolutionary War was fought in Prospect Heights and the surrounding areas. Known as the Battle of Brooklyn, it was the first military engagement following the Declaration of Independence. Things didn’t go so well for American forces so they retreated and the British occupied Manhattan for several years after the Battle of Brooklyn.

In 1867, the opening of Prospect Park caused major housing growth in Prospect Heights. The middle-class neighborhood was soon populated by Jewish, Italian, and Irish workers. Many of which were shop-owners or employed as laborers in nearby factories.

Housing in Prospect Heights includes single-family row houses, historic townhouses, co-ops, and new luxury condos. The median listed price for a 1-bedroom in Prospect Heights is $680,000 with an average price per square foot is $944.

The neighborhood's commercial artery runs along Vanderbilt Avenue and Washington Avenue. The variety of businesses adds to the charm of the neighborhood. They include bars, pubs, restaurants and mom-and-pop stores of all types. The shops and eateries are a perfect alternative to the big-name attractions that bracket the neighborhood. It's a little bit of everything in this neighborhood. 

Subways are plentiful in Prospect Heights. Its proximity to Manhattan is another perk of the neighborhood. It's about a half-hour train ride. The B, D, N, Q, R, 2, 3, 4 and 5 subway lines all serve the Atlantic Avenue/Barclays Center station. 2, 3, 4, B and Q trains cover the neighborhood and the A and C trains are nearby too. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 57009TH