Updated 17 days ago
67 Underhill Ave
Prospect Heights, Brooklyn | Saint Marks Ave & Bergen Street
15 Rooms6 Beds3 Baths3,000 Square FeetMixed Use
$3,000,000
floors / apts3 / 2
Lot Size25'x78'
Built Size25'x40'
ZoneR6B
Building TypeLow-Rise
RE Taxes$6,768
Price Per SF
$1,000
Building Amenities
- Garden
Property Description for 67 Underhill Ave
Introducing 67-69 Underhill Avenue, a fully free-market, corner mixed-use property package located in an iconic section of Prospect Heights, ideally positioned between Bergen Street and Saint Marks Avenue. This rare offering comprises two adjoining mixed-use buildings situated on a prominent corner, providing strong street presence, operational flexibility, and long-term value in one of Brooklyn's most established and supply-constrained neighborhoods. The property spans a combined 50.42 ft 78 ft lot and is situated within R6B zoning, offering approximately 897 square feet of unused FAR, presenting clear upside through future reconfiguration, enhancement, or expansion, subject to approvals. Each building features a commercial space at grade with two residential units above, totaling four residential apartments across the assemblage. All residential units are configured as three-bedroom, one-bath layouts, a consistently in-demand unit type within the Prospect Heights rental market. Further enhancing the asset's versatility is an auto body shop with an existing curb cut located off Bergen Street, providing an additional income stream and operational flexibility.
The entire property is fully free-market, positioning ownership to unlock value through strategic leasing, repositioning, or a long-term hold strategy. The location is a defining attribute. Situated in the heart of Prospect Heights, 67-69 Underhill Avenue is just a short stroll from Prospect Park and Grand Army Plaza, and moments from Barclays Center, one of Brooklyn's premier sports and entertainment destinations. The property also benefits from a short jaunt to Atlantic Terminal, offering access to multiple additional subway lines as well as the Long Island Rail Road (LIRR), providing exceptional regional connectivity. Transit options nearby include the C train at Clinton-Washington Avenues, the A, C, and S lines, and the 2 and 3 trains at Grand Army Plaza, allowing for efficient travel throughout Brooklyn and Manhattan. Surrounded by Prospect Heights' most notable cultural and lifestyle amenities, the property is in close proximity to the Brooklyn Museum, Brooklyn Botanic Garden, and Brooklyn Public Library. The nearby retail corridors of Vanderbilt Avenue and Washington Avenue serve as major neighborhood arteries, offering a dense concentration of acclaimed restaurants, cafés, neighborhood markets, supermarkets, and everyday conveniences that continue to drive sustained tenant demand and long-term neighborhood growth. Whether an investor seeking durable income with meaningful upside or an owner-operator or end user pursuing a 1031 exchange, 67-69 Underhill Avenue represents a rare corner mixed-use opportunity in an iconic part of Brooklyn, combining scale, zoning flexibility, transit access, and enduring Prospect Heights appeal.
Listing History for 67 Underhill Ave
Now
07/21/2026
$3,000,000
Initial Price by Jason Abrishami
Douglas Elliman
04/21/2026
POM by Jason Abrishami
Douglas Elliman
Building Details for 67 Underhill Ave
OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts3/2
Transit and Citi Bike
Subway
Clinton-Washington Avs
0.32 miles
Grand Army Plaza
0.38 miles
7 Av
0.39 miles
Eastern Pkwy-Brooklyn Museum
0.46 miles
Park Pl
0.48 miles
Citi Bike
Prospect Pl & Underhill Ave
0.12 miles
Underhill Ave & Pacific St
0.13 miles
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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: 104317TH
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