5BR House for Sale in New York, NY

Just three blocks from Prospect Park and its expansive green spaces, trails, lakes, and open lawns, 27 East 18th Street presents an exceptional opportunity to create a dream home in Prospect Park South. Located just off Church Avenue with immediate access to the B and Q subway lines at the Church Avenue station, the home offers a convenient commute to Downtown Brooklyn (10 minutes) and Manhattan (25 minutes). Situated on a tree-lined block, this semi-detached one-family residence offers a rare opportunity for buyers looking to fully renovate and design a home tailored to their own vision. The property is fully vacant and ready for renovation, allowing the next owner to begin transforming it immediately. The house offers approximately 3,272 square feet of interior space and sits on a generous 3,019-square-foot lot, providing exceptional flexibility to reimagine the layout and create a truly distinctive residence. The property also allows for the possibility of incorporating a studio, home office, or professional workspace. The property also benefits from significant unused development rights. With approximately 12,076 square feet of allowable buildable floor area, the existing structure utilizes only a portion of its potential, leaving over 8,800 square feet of additional air rights. This creates the possibility of expanding the property by adding additional stories or reconfiguring the structure. Nearby Church Avenue offers a lively mix of cafes, restaurants, markets, and neighborhood shops, providing convenient everyday amenities just moments from home. The property is also within walking distance of the beautifully restored Kings Theatre, which hosts concerts and performances throughout the year. This rare offering invites buyers to bring their vision and create something truly special in one of Brooklyn's most desirable neighborhoods. Current property taxes are $595 per month.