Brooklyn, NY 11229,1663 East 18th ST
Brooklyn, NY 11229,1663 East 18th ST
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$ 2,699,000
Est. payment | /mo

2 Baths

2,856 SqFt


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$ 2,699,000
Est. payment | /mo
Save

2 Baths

2,856 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,856 sqft

Price per Sqft $945

MLS Listing ID 495652

Full Baths 2

Year Built 1920

Annual Tax Amount $11,500

Lot Dimensions no

Property Sub-Type Multi-Family

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.

Location

State NY

County Kings (brooklyn)

Area Homecrest

Rooms

Basement Unfinished

Interior

Hot Water Gas

Heating Gas

Flooring Hardwood

Heat Source Gas

Exterior

Exterior Feature Brick

Amenities Available NONE

Roof Type Shingle

Handicap Access Unknown

Building

Foundation Block

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash

Listed by Exclusive Properties Realty In
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Joseph Matassa

Joseph Matassa

Agent

+1(732) 802-7100

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1663 East 18th ST