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

22-36 Underhill Avenue
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This Co-Op property located in NY was sold for $18,205,000 over 3 years ago. The brokers of the deal were David Chira, Steven Schaefer, and Michael Chira

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.

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Deals
  • Location
    22-36 Underhill Ave, Prospect Heights, Brooklyn, NY, USA22-36 Underhill Ave, Prospect Heights, Brooklyn, NY, USA
  • Sale Price
    $18,205,000$18,205,000
    $842 PPSF$842 PPSF
  • Area
    21,600 SF21,600 SF
  • Asset Type
    Co-OpCo-Op
  • Parties
    3 Brokers, 2 Agencies3 Brokers, 2 Agencies

Agents

Steven Schaefer

Steven Schaefer

Deals16
Sold$248.1M

Michael Chira

Michael Chira

Deals2
Sold$20M

David Chira

David Chira

Deals2
Sold$20M

Agencies

Compass

Compass

Agency
Deals2902
Volume$20.9B

Newmark

Newmark

Agency
Deals3893
Volume$397.4B

Social

Deal Summary

SALE IMAGE: @TheChiraTwins & @RockNRollaRealtor 🎸 🤟 DATE: 08/13/2020 ADDRESS: 22-36 Underhill Ave MARKET: Prospect Heights, Brooklyn ASSET TYPE: Residential Townhomes BUYERS: Tuongvy Thi Le, Lauren Yarmuth, Isssam Rahimi, David Baum, Richard Katz, Mauro Refosco, Brendan Kehoe, Ansle Caine SELLER: Jacob Gold - 880 Pacific Lofts BROKERS: Steve Schaefer, David & Michael Chira - @IndustryTeam SALE PRICE: $18,205,000 SF: 21,600 (total) BLENDED PPSF: $842 NOTE: Project consists of 8 individual single family townhouses - price ranging from $2,200,000 - $2,450,000. The Industry Team at Compass is a collective of real-estate specialists led by Steve Schaefer, David & Michael Chira.  They were the 2nd brokers on the project. They did a total rebrand and niche marketing. They named the project Wunderhill (🌐Wunderhillbk.com)- Total timeline of 14 months from sales launch to completion of 8 single-family townhouses. Total sell out of $18,205,000. Contact The Industry Team directly for more info: 📧 [email protected] 🌐 theindustryteam.com 📸 @industryteam

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22-36 Underhill Avenue

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