1663 East 18th Street

$2,699,000
Price
Beds
2,856 Sq. Ft.
$945 / Sq. Ft.
2,856
Sq. Ft.
$945
per Sq. Ft.

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...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.
  1. Listed by Alevtina Ioffe • Exclusive Properties Realty In • 2 Spaces
  2. Listed by Juda Niayzov • Exclusive Properties Realty In

Amenities

  • Driveway
  • Eat-in Kitchen
  • Garage
  • Basement
  • Development Site
  • Private Outdoor Space
  • Parking Included
  • Gas Heat
LISTING UPDATED: 12/16/2025 08:34 AM

Property Details for 1663 East 18th Street

StatusActive
MLS ID495652
Days on Market105
Taxes$11,500 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeResidential
Year Built1920
Lot Size4,000 SF / 40' x 100'
CountyKings County

Building

1663 E 18th St

2 Units2 StoriesBuilt in 1920

Location

Listing Courtesy of Exclusive Properties Realty In
Add your commute

Building Information for 1663 East 18th Street

Stories2Residences2Year Built1920Building Size24' x 62'Building Sq. Ft2,976 SFLot Size4,000 SF / 40' x 100'Building Age-Building Type-

Payment Calculator

$14,295 per month

30 year fixed, 6.28% Interest

Principal and Interest

$13,337

Property Taxes

$958

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1663 East 18th Street

Summary
Location and General Information
  • Block: 6781
  • Cross Street Name: Kings Hwy
  • Roof: Shingle
  • Residential Features: A/C Unit - Window
  • Number Of Vacant Units: 2
Parking
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Shared Drive
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 11500.0
  • Gross Income: $.00
Property
Lot Information
  • Lot Dimensions: no
  • Sq Ft Total: 2856
  • Yard: Back, Front
  • Lot Number: 59
  • Lot Size Irregular YN: Yes
  • Lot Size Length: 100
  • Lot Size Width: 40
Utilities
  • Heat Delivery: Hot Air
  • Heating Fuel: Gas
  • AC Units: 0
  • Hot Water: Gas
  • Utility Expense: 1000.0
  • Fuel Expense: 1000.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Unfinished
  • Baths Three Quarter: 0.0
  • Foundation Details: Block
  • Flooring: Hardwood
  • Unit Count: 2
  • Building Amenities: NONE
  • Number Of Available Units: 2
  • Construction Materials: Block
  • Electric: 110 V
Exterior Features
  • Exterior: Brick
  • Handicap Access YNU: Unknown
Multi Family
Multi-Family Information
  • Building Type: Detached
Unit 1
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 1
  • Unit Rooms Total: 5
  • Unit Status: Vacant
  • Unit Unit Type: 3 Bedrooms
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 2
  • Unit Rooms Total: 5
  • Unit Status: Vacant
  • Unit Unit Type: 3 Bedrooms
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Owner Occupied: No
  • Rent Income: 0.0

Property History for 1663 East 18th Street

DateEvent & SourcePriceAppreciation
Sep 10, 2025

Listed (Active)

BKMLS #495652

$2,699,000
DateEvent & SourcePrice
09/10/2025

Listed (Active)

BKMLS #495652

$2,699,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1663 East 18th Street

Taxable ValueLand$26,220Additions$57,600Total$83,820
Tax Record2025$11,499 ($958 / month) Tax Class1Tax Rate20.085%
Home Facts
Total Finished SqFt2,856 SqFtLot Size4,000 SqFtYear Built1920ZoningR7AAPN3067810059

Schools near 1663 East 18th Street

This home is within New York City Geographic District #22.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 197 The Kings Highway Academy
PublicPK to 5

Jhs 234 Arthur W Cunningham
Public6 to 8

James Madison High School
Public9 to 12

Is 381
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

1663 East 18th Street is a multi-family home for sale in Homecrest. This property was listed for sale on September 10, 2025 by Exclusive Properties Realty In, it's currently listed at $2,699,000. This listing's school district is New York City Geographic District #22. Nearby schools include P.S. 197 The Kings Highway Academy, Jhs 234 Arthur W Cunningham and James Madison High School. 1663 East 18th Street is a 0-bed, 2-bath, 2,856 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Exclusive Properties Realty In

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. 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. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.