![[Madison Real Estate, listing number 7212560]](https://www.vlshomes.com/images/full/7212560a.jpg)
| Description: 7212560 | |
| 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 Brooklynâ??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 youâ??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. | |
Details: |
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| Families: | 2 | |
| Property Type: | House | |
| Acres: | 0.10 | |
| Built: | 1920 | |
Financials: |
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| Price: | $2,699,000 | |
| Taxes: | $11,500 | |
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