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.
Listing By
Agency Name: Exclusive Properties Rlty Inc
Agency Phone: 718-916-4618
Shown By
Agent Name: Roz Khan
Agent Phone: (917) 977-1507
Agency Title: Howard Hanna | Coach Realtors
Estimated Payment
$ 13,336.59 per month $11,591.05 Principal & Interest $958.33 Property Tax $787.21 Homeowner's Insurance
1663 E 18th Street | MLS# 917400
This multi-family property located at 1663 E 18th Street, Brooklyn, NY 11229 is currently listed for sale with an asking price of $2,699,000. Search Brooklyn real estate on rkhan.coachrealtors.com today.