17-18 Decatur Street, New York City, NY 11385
Listing Courtesy of Compass
$1,300,000
Potential Rebate: $19,500
Overview
Welcome to 1718 Decatur Street, a versatile 2-family home set on an oversized lot with endless potential. The first-floor unit spans a generous layout with 4 bedrooms and 2 full bathrooms, offering ample space for comfortable living. Upstairs, the second unit features 2 bedrooms and a well-proportioned design, making it ideal for rental income. Both apartments offer access to a spacious backyard, ideal for entertaining, gardening, or simply relaxing outdoors.
The property also features a full basement, which can be converted into a duplex with the first-floor apartment to create additional living space or reimagined as a home office, recreation area, or storage space. Whether you’re looking to live in one unit and rent out the other, or fully renovate to suit your vision, this property provides the square footage and flexibility rarely found in the area.
**For Investors & Developers**
The current owners have received approval from City Planning to build a new, 3-story multi-family property. Approval documentation and proposed building plans are available upon request. Buyers are strongly encouraged to confirm all details with their own architect(s) and zoning attorney(s).
Home Features
- •See Remarks
- •Private Outdoor Space Over 60 Sqft
Estimated Monthly Payment
$6,914 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$19,500
Monthly savings impact
$54/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
Member
Verified
Listings
RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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 and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20048953
Price Analysis
Compare average listing prices and value metrics for 17-18 Decatur Street against the surrounding Ridgewood market.
Average List Price
Price Per SqFt
2.95% Higher
than the Ridgewood price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Ridgewood.
Ridgewood
Overview of Ridgewood
Ridgewood is the cooler, quieter cousin of Bushwick. It has been designated a historic district for its miles of yellow brick row houses. For buyers seeking Ridgewood Queens real estate, it offers hip cafes, breweries, and stunning architecture.
Living in Ridgewood is trendy but grounded. It feels like Brooklyn but is firmly in Queens. As a Queens NYC neighborhood, it is architecturally distinct.
Real Estate & Housing Market
The market for homes for sale in Ridgewood is hot. The "Mathews Flats" (yellow brick 6-family buildings) are iconic.
Prices have risen significantly as young professionals move in.
Lifestyle & Community
The lifestyle in Ridgewood is vibrant. It has a burgeoning art and coffee scene.
The community is a mix of Polish/Slavic roots and young creatives.
Transportation & Accessibility
Ridgewood is served by the M and L trains. It is very accessible to Union Square.
Parks, Schools & Amenities
Grover Cleveland Park offers skyline views.
Amenities: A huge number of vintage shops and bars.
Who This Neighborhood Is Best For
Ridgewood is best for creatives, young professionals, and lovers of historic architecture.
