1663 E 18th Street, HomecrestBrooklyn, NY 11229Price: $2,699,000

  • Price: $2,699,000
  • Est. Mortgage of $/month
  • 232 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
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  • $2,699,000List Price
  • 0.09Acreage

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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.

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Listed by Alevtina Ioffe of Exclusive Properties Rlty Inc

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 14, 2026 6:54 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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