Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
164 UNDERHILL Avenue
Interested in this property?
Active For Sale Multi Family

$3,400,000

$766 per sq ft

164 UNDERHILL Avenue

Prospect Heights, Brooklyn

MLS® #RLS20055655

RLS at REBNY

Listing by Corcoran Group

4

Bedrooms

6.5

Baths

4,441

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 4
Bathrooms 7 full, 1 half
Living Area 4,441 sq ft
Lot Size 2,000 sq ft
Year Built 1900
Ownership None
Property Taxes $24,252/yr
Neighborhood Prospect Heights
Floor 1 of 2

Property Highlights

  • Views: Other
  • Climate Control: Other
  • Character: Pre-war building (1900)

Property Details

Type Multi Family
Ownership None
Total Rooms 15
Baths 6 Full, 1 Half
Floor 1 of 2
View Other
Cooling Other
Pets Yes
Year Built 1900
Living Area 4,441 sq ft
Structure Type Townhouse
Basement Other
Lot Size 2,000 sq ft
Parcel # 01165-0053
Block/Lot 01165/0053

Listing History

Event Date Price Change
Listed Oct 20, 2025 $3,400,000 -
Currently May 4, 2026 $3,400,000 -

Description

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.

Features & Amenities

Interior Features

Smoke Free Building Other

Exterior Features

Private Outdoor Space Over60 Sqft

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 4
Stories 2
Structure Townhouse

Financial Details

RE Taxes $24,252/yr ($2,021/mo)

Prospect Heights is a compact Brooklyn neighborhood anchored by the Brooklyn Public Library, Grand Army Plaza, Prospect Park, and the Brooklyn Museum. The real estate market features historic brownstones, pre-war cooperatives, and new developments like Pacific Park, with 2/3/B/Q/4 train service.

Prospect Heights Live Market Data

View Neighborhood

Active Listings

38

Median Asking Price

$1.47M

Median $/Sqft

$1,446

Avg Days on Market

N/A

New This Week

7

Price Reduced

8%

Sold (30 Days)

5

Median Sale Price

$1.69M

Live data from RLS at REBNY • Updated 5/4/26, 2:02 PM EST

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Location

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164 UNDERHILL Avenue, Prospect Heights, Kings County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1906
Year Built
120 years old
2
Floors
4
Residential Units
R6B
Zoning District
Walk-Up Apartments Historic District: Prospect Heights Historic District

Tax & Assessment

Assessed Value: $571,500
Land Value: $103,500
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,000 SF
Building Area: 2,244 SF
Built FAR: 1.12
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $24,252, or roughly $2,021 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 6 full bathrooms and 1 half bathroom.

The listed interior living area is 4,441 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1900, making it approximately 126 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $3,400,000 for 4,441 sq ft, the asking price per square foot is approximately $766. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20055655
First Listed: 10/20/2025
On Market: 10/20/2025
Price Changed: 10/20/2025
Contract Date: 10/20/2025

Listing Courtesy of Corcoran Group - Ellen J Gottlieb

Listing Contact: (917) 797-1351

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 6:02 PM UTC

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