Compass' Industry Team Sells Prospect Heights Residential Townhomes For $18.2M

Located in Prospect Heights, Brooklyn, the residential townhomes at 22-36 Underhill Ave were recently sold for a total price of $18,205,000. The property consists of 8 individual single-family townhouses, with prices ranging from $2,200,000 to $2,450,000. The total square footage of the townhomes is 21,600, resulting in a blended price per square foot of $842.

Summary of transaction details

• Property Type: Residential Townhomes
• Transaction Amount: $18,205,000
• Address: 22-36 Underhill Ave
• Market: Prospect Heights, Brooklyn

The buyers of the townhomes were Tuongvy Thi Le, Lauren Yarmuth, Isssam Rahimi, David Baum, Richard Katz, Mauro Refosco, Brendan Kehoe, and Ansle Caine. The seller was Jacob Gold, representing 880 Pacific Lofts. The transaction was facilitated by Steve Schaefer, David & Michael Chira from the Industry Team at Compass. They were the second brokers on the project and played a key role in the rebranding and niche marketing efforts. The project, known as Wunderhill, was successfully completed within a timeline of 14 months from sales launch to completion of the townhomes. For more information, interested parties can reach out to the Industry Team at Compass via email at [email protected] or visit their website at theindustryteam.com.