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1663 E 18th StreetBrooklyn, NY 11229

For Sale

$2,699,000

Smart Buyer Rebate $33,738

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.

Listed by Alevtina Ioffe

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Exclusive Properties Rlty Inc

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718-916-4618

Last updated September 26, 2025

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Source: OneKey #917400

Listing Facts

  • TypeMulti-family
  • NeighborhoodHomecrest
  • Days on Prevu27
  • Taxes$11,500/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/25/2025
Listed by Exclusive Properties Rlty Inc
$2,699,000

Estimated Closing Costs

Total
$96,947
Attorney Fees
$4,000
NYC Mansion Tax
$33,737
Title Insurance
$12,146
Bank Attorney
$1,500
Mortgage Recording Tax
$41,564
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $2,699,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1663 E 18th Street

Exterior

Construction

  • Number Of Units Total: 2
  • Year Built: 1920
  • Construction Materials: Brick

Measurements

  • Building Area Total: 2,856
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Square Feet: 4,000

Financial

Taxes

  • Parcel Number: 06781-0059
  • Tax Annual Amount: $11,500.00
  • Tax Year: 2024

Interior

Features

  • Interior Features: Eat-in Kitchen

Rooms

  • Basement: Unfinished
  • Has Basement: Yes

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Driveway

Utilities

Equipment

  • Cooling: Multi Units
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.