1663 E 18th Street, Brooklyn, NY 11229

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Sold Price
$2,420,000
List Price
$2,699,000
Status
CLOSED
MLS#
917400
Closing Date
Jun 16, 2026
Year Built
1920
Acres
0.09

Property Description

Prime Development & Investment Opportunity in Homecrest / Sheepshead Bay! Welcome to 1663 East 18th Street, a two-family detached home situated on a 40 x 100 lot in one of Brooklyn’s most desirable neighborhoods. Zoned R4-1, the property offers incredible flexibility for builders and developers looking to maximize its potential with new construction, expansion, or a custom build. For end-users or investors, the home is currently configured as a two-family residence, making it an excellent income-producing property. With some modern updates, this home can easily serve as: A family residence with rental income, A two-unit investment property with strong rental potential. Located on a quiet, tree-lined block, yet minutes away from Kings Highway shopping, dining, and the B/Q subway lines, this property combines neighborhood charm with unmatched convenience. Whether you’re a builder seeking a prime development site or a buyer looking to create your dream home while generating income, this property delivers outstanding value.

Additional Information

Taxes
$11,500
Lot Size
4,000
Interior Features
Eat-in Kitchen
Heating
Natural Gas
Cooling System Type
Multi Units
Sewer
Public Sewer
Water Source
Public
Basement
Unfinished
Garage Spaces
1

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Listing courtesy of Listing Agent: Alevtina Ioffe (ioffealla@gmail.com) from Listing Office: Exclusive Properties Rlty Inc.

Listing courtesy of Alevtina Ioffe from Exclusive Properties Rlty Inc

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.