$1,899,999
Updated 2 years ago
Off Market

27 East 18th Street

Prospect Park South, Brooklyn | Caton Ave & Church Ave

3,272 Square FeetDevelopment Site

$1,899,999
floors / apts3 / 1
Lot Size124'x48'2"
Built Size43'x29'
ZoneR7A
Building TypeHouse
RE Taxes$6,931
Price Per SF
$581

Property Description for 27 East 18th Street

Calling All Investors and Builders! This prime Brooklyn property is an exceptional investment opportunity, offered at land value with the potential to become a magnificent primary residence mansion. The sizable lot, coupled with R7A zoning, permits the development of a 12,076 square foot apartment building, adding even more value. Key Features:-Lot Size & Zoning: Ample lot with current R7A zoning, ideal for a 12,076 square foot apartment building.-Prime Location: Just steps from the park, offering a perfect blend of urban convenience and natural beauty.-Transit Access: Conveniently located near the B & Q subway lines for easy commuting.- Lot is ideal for use as a parking lot. Property Condition:Exterior: The brick facade and foundation are in excellent condition, providing a solid base for future development. Interior: The property is in need of a full gut renovation, offering a blank canvas for your vision. This property combines promising development potential with an unbeatable location. Secure your spot in Brooklyn's rapidly growing real estate market before prices surge.

Building Details for 27 East 18th Street

OwnershipDevelopment Site
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1935
Floors/Apts3/1
Learn More About the Building

Transit and Citi Bike

Subway

Church Av
0.01 miles
Parkside Av
0.33 miles
Beverley Rd
0.47 miles

Citi Bike

Caton Ave & St. Pauls Pl
0.06 miles
Parade Pl & Crooke Ave
0.14 miles

Contact Agent

Contact Agent

Mark Karten
Karten Real Estate Services

Prospect Park South | Brooklyn

Quick Profile

Charming tree-lined blocks, grand homes, and grassy center esplanades - Prospect Park South feels more like a quiet suburb than Brooklyn, the most populated borough in New York City. 

The small landmarked neighborhood in south Brooklyn is bounded by Coney Island Avenue to the southwest, Ocean Avenue to the northeast, Prospect Park to the south, and Beverly Road to the south. 

Don’t let the suburban vibe of Prospect Park South fool you, urban grit awaits you just outside the neighborhood's boundaries. It’s about a 45-minute commute to Manhattan on the B, Q, or F train or a short walk to livelier neighborhoods. Prospect Park South is flanked by Windsor Terrace, Kensington, Ditmas Park, and Flatbush. It’s the best of both worlds. 

The history of the neighborhood starts with its original developer, Dean Alvord. If it wasn’t for his unique vision, Prospect Park South may have never blossomed into what it is today. In 1899 Alvord wanted to take advantage of Brooklyn’s newly created railway system that connected the borough. He purchased farmland and began building the neighborhood, which began as a six-block-by-two-block swatch of land with grand homes. Many of the houses were Victorian-inspired. Alvord marketed the neighborhood as a slice of country in the big city and the rest is pretty much history. 

Prospect Park South is a few blocks bigger these days. Its grand Victorian-style homes still define the neighborhood. Other architectural styles found in the nabe include Colonial, French Revival, and Spanish Mission. Apartments and a few prewar co-ops complete the neighborhood's housing stock. 

There aren’t too many places to shop in Prospect Park South but you might find a few spots in the commercial areas along Coney Island Avenue and Church Avenue. The suburban setting of Prospect Park South is popular with young families, which is why they’ve flocked there for the last decade.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 96937TH