--- title: "67 UNDERHILL Avenue, New York City, NY 11238" description: "67 UNDERHILL Avenue, New York City, NY 11238 — Prospect Heights, New York City, NY. Listing Price $3,000,000. 6 bed, 3 bath, 1,000 sqft Illustrative Buyer Commission Share of $45,000 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/67-underhill-avenue-ny-11238" source: "Real Estate Rebate Team" status: "Active" --- # 67 UNDERHILL Avenue, New York City, NY 11238 Prospect Heights, New York City, NY Courtesy of Douglas Elliman Real Estate ## At a Glance - **Listing Price**: $3,000,000 - **Beds**: 6 - **Baths**: 3 - **Sqft**: 1,000 - **Monthly Taxes**: $564 / mo - **Price per Sqft**: $3,000 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $3,000,000 - **Illustrative Buyer Commission Share**: -$45,000* - **Illustrative Net Cost**: $2,955,000 *Illustrative Buyer Savings of $45,000 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![67 UNDERHILL Avenue, New York City, NY 11238 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b5e5cbcd-3845-4776-adee-3baa2476ec9a.jpg) ![67 UNDERHILL Avenue, New York City, NY 11238 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c695a224-abb8-4b3e-b453-f5ba83984b50.jpg) ![67 UNDERHILL Avenue, New York City, NY 11238 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ab7c72ab-0c3d-4ad4-8129-1b61a6f88078.jpg) ![67 UNDERHILL Avenue, New York City, NY 11238 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9c4a7ce6-8e00-4c4a-8be5-f721dd1071d8.jpg) ![67 UNDERHILL Avenue, New York City, NY 11238 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8b16daf5-8d58-4f99-b091-882db47214a3.jpg) ![67 UNDERHILL Avenue, New York City, NY 11238 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f5aeed97-b9bf-40e0-befd-6bcccdb59515.jpg) ![67 UNDERHILL Avenue, New York City, NY 11238 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8b9589ad-1883-43c4-86db-5fd5cb31fd7b.jpg) ![67 UNDERHILL Avenue, New York City, NY 11238 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/70d2a811-a34b-4ba0-9484-56cf71528d27.jpg) ![67 UNDERHILL Avenue, New York City, NY 11238 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/86c3bdfe-f70d-416c-9ca2-8b1c93749ead.jpg) ![67 UNDERHILL Avenue, New York City, NY 11238 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/af6a30fe-ca80-424a-a488-ebe01679bbd5.jpg) ## Property Overview Offered exclusively as a single $6,000,000 package, 67-69 Underhill Avenue comprises two adjoining mixed-use properties that must be purchased together and are not available for separate sale. This fully free-market, corner mixed-use property package is 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. ## Property Details - **Property Type**: Mixed Use - **Beds**: 6 - **Baths**: 3 - **Rooms**: 15 - **Sqft**: 1,000 sqft - **Stories**: 3 - **Year Built**: 1930 - **Price per Sqft**: $3,000 - **Monthly Taxes**: $564 / mo - **Listed On**: Jul 21, 2026 - **Days on Market**: 47 Days ### Residence Features - Washer Hookup - In Unit - Smoke Free - Washer Dryer Allowed ## Property Tax History Taxes at 67 UNDERHILL Avenue were $7,258 in 2026, up 6.0% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $154,140 | $12,660 | $141,480 | $36,134 | $7,258 | 20.085% (estimated) | | 2025 (FY 2025/26) | $177,000 | $12,660 | $164,340 | $34,090 | $6,847 | 20.085% (estimated) | | 2024 (FY 2024/25) | $173,700 | $12,660 | $161,040 | $34,088 | $6,847 | 20.085% | | 2023 (FY 2023/24) | $153,540 | $12,660 | $140,880 | $33,350 | $6,698 | 20.085% | | 2022 (FY 2022/23) | $120,540 | $12,660 | $107,880 | $31,918 | $6,482 | 20.309% | | 2021 (FY 2021/22) | $112,320 | $12,660 | $99,660 | $30,112 | $6,011 | 19.963% | | 2020 (FY 2020/21) | $71,100 | $12,660 | $58,440 | $28,408 | $5,978 | 21.045% | | 2019 (FY 2019/20) | $61,800 | $12,660 | $49,140 | $28,407 | $6,013 | 21.167% | | 2018 (FY 2018/19) | $27,792 | — | — | $27,792 | $5,814 | 20.919% | | 2017 (FY 2017/18) | $26,598 | — | — | $26,598 | $5,422 | 20.385% | | 2016 (FY 2016/17) | $25,093 | — | — | $25,093 | $5,016 | 19.991% | | 2015 (FY 2015/16) | $23,673 | — | — | $23,673 | $4,629 | 19.554% | | 2014 (FY 2014/15) | $23,673 | — | — | $23,673 | $4,535 | 19.157% | | 2013 (FY 2013/14) | $23,160 | — | — | $23,160 | $4,445 | 19.191% | | 2012 (FY 2012/13) | $22,165 | — | — | $22,165 | $4,116 | 18.569% | | 2011 (FY 2011/12) | $20,911 | — | — | $20,911 | $3,807 | 18.205% | | 2010 (FY 2010/11) | $19,728 | — | — | $19,728 | $3,426 | 17.364% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 3011460013. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 67 UNDERHILL Avenue Prospect Heights · Mixed Use 67 UNDERHILL Avenue, Brooklyn, NY 11238 A building in Prospect Heights, currently featuring 1 active listing. - **Year Built**: 1930 - **Total Units**: 1 - **Floors**: 3 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/67-underhill-avenue) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/67-underhill-avenue-ny-11238) | 6 | 3 | 1,000 sqft | $3,000 | $3,000,000 | Douglas Elliman Real Estate | Jul 21, 2026 | 47 days | ## Estimated Monthly Payment **$15,734 / month**, assuming a 20% down payment ($600,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $15,170 - **Property Taxes**: $564 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Prospect Heights Overview of Prospect Heights [Explore Prospect Heights](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-heights) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Prospect Heights - [Park Slope real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/park-slope) - [Clinton Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/clinton-hill) - [Fort Greene real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/fort-greene) - [Boerum Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/boerum-hill) - [Prospect Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-park) - [Gowanus real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/gowanus) ## Related Links - [67 UNDERHILL Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/67-underhill-avenue) - [Prospect Heights neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-heights) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > 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 and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.