$2,699,000

1663 E 18th St Brooklyn, NY 11229

Homecrest Neighborhood

Estimated payment $15,338/month

Total Views 80
-- Bed
2 Baths
2,856 Sq Ft
$945 Price per Sq Ft

Highlights

  • Wood Flooring
  • 3-minute walk to Kings Highway (B,Q Line)
  • Back and Front Yard
  • P.S. 197 Kings Highway Academy (The) Rated A-

About This Home

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.

Listing Agent

Alla Ioffe

Exclusive Properties Realty In Listed on: 09/10/2025

Co-Listing Agent

Juda Niayzov

Exclusive Properties Realty In

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,500

Year Built

  • Built in 1920

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 100 x 40
  • Irregular Lot
  • Back and Front Yard

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,856 Sq Ft Home
  • Wood Flooring
  • Unfinished Basement

Parking

  • 2 Parking Spaces
  • Shared Driveway

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 6781

Community Details

Overview

  • 2 Units

Building Details

  • 2 Vacant Units
  • Fuel Expense $1,000
  • Utility Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,500

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Unfinished
  • Total Bathrooms: 2.00
  • Borough: Brooklyn
  • Co List Office Mls Id: 119830
  • Co List Office Phone: (718) 916-4618
  • Confirmed By M L S Y N: Yes
  • Cross Street: Kings Hwy
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Air
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window
  • Fill Sq Ft Total: 2856
  • Street Name I D X: 18th
  • Street Number I D X: 1663
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Flooring: Hardwood
  • Lot Sq Ft: 4000

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Construction Type: Block
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 59
  • Roof: Shingle

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 1000.00

Lot Info

  • Lot Size Irregular: Yes
  • Lot Size Length: 100
  • Lot Size Width: 40

Tax Info

  • Flip Tax Amount: 11500.00

Multi Family

  • Unit Count: 2
  • Annual Utility Expenses: 1000.00

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,499 $78,840 $26,220 $52,620
2024 $11,499 $83,820 $26,220 $57,600
2023 $10,969 $90,240 $26,220 $64,020
2022 $10,173 $82,980 $26,220 $56,760
2021 $10,724 $73,800 $26,220 $47,580
2020 $10,724 $73,680 $26,220 $47,460
2019 $9,980 $73,680 $26,220 $47,460
2018 $9,175 $45,010 $16,515 $28,495
2017 $8,657 $42,466 $16,540 $25,926
2016 $8,489 $42,466 $19,211 $23,255
2015 $4,612 $41,803 $17,735 $24,068
2014 $4,612 $39,759 $14,343 $25,416
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 For Sale $2,699,000 -- $945 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 495652

Brooklyn Board of REALTORS®

APN: 06781-0059

New York Kings County Brooklyn 11229 Homecrest

1663 E 18th St, Brooklyn, NY

This home is located at 1663 E 18th St, Brooklyn, NY 11229 and is currently priced at $2,699,000, approximately $945 per square foot. This property was built in 1920. 1663 E 18th St is a home located in Kings County with nearby schools including P.S. 197 Kings Highway Academy (The), Jhs 234 Arthur W Cunningham, and James Madison High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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Alla Ioffe
Listing Agent
Alla Ioffe
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Exclusive Properties Realty In
(718) 568-7326