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$2,699,000
Est. payment /mo
2 Baths
2,856 SqFt
UPDATED:
Key Details
Property Type Multi Family
Sub Type Multi-Family
Listing Status Pending
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.
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
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716