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$2,420,000
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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.
Full Property Details
Full Property Details for 1663 E 18th St
General
- Sold For: $2,420,000
- Taxes: $11,500
- Status: Closed
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 917400
- Added to Site: 333 day(s) ago
Interior
- Interior Features: Eat-in Kitchen
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Driveway
Location
- County: Kings (Brooklyn)
Heating & Cooling
- Cooling Type: Multi Units
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Building Size: 2856
- Square Feet: 2,856
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.0918
- Lot Size (Sq. Ft.): 4,000
Financial Considerations
- Tax Amount: $11,500
Disclosures and Reports
- Special Conditions: None
- Property ID: 06781-0059
Listed and Sold by Exclusive Properties Rlty Inc
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Schools
Schools serving 1663 E 18th St
School District:New York City Geographic School District 22
| Name | Grades | Distance |
|---|---|---|
Ps 197 The Kings Highway Academy 1599 East 22nd Street, Brooklyn, NY 11210 | PK-5 | 0.3 mi |
Jhs 234 Arthur W Cunningham 1875 East 17th Street, Brooklyn, NY 11229 | 6-8 | 0.3 mi |
James Madison High School 3787 Bedford Avenue, Brooklyn, NY 11229 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1663 E 18th St
Date
Details
Price
Change
Source
6/16/2026
Sold
$2,420,000
-10.34%
MLS
9/25/2025
Listed
$2,699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1663 E 18th Street, Brooklyn, NY 11229 (MLS# 917400) is a Multi-Family property that was sold at $2,420,000 on June 16, 2026. Want to learn more about 1663 E 18th Street? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

