David Blaine is getting ready for the most magical moment of his life: Fatherhood!

Following last week's report in New York Post, the magician and endurance artist confirmed to that he and fiancee Alizee Guinochet are expecting a child early next year.

"Yeah!" Blaine, 37, told Us of their baby-to-be at Tuesday's Grey Goose Entertainment and Sundance Channel present Iconoclasts 5th Season Launch party at NYC's Lavo.

The star admitted he's not sure what to expect of the experience. "I don't know," he told Us. "It's my first time so I have no idea."

To prep, he's "trying to get focused and get back to work."

Blaine -- who once stood incased in a block of ice in Times Square for nearly 64 hours -- told Us he plans teach his little boy or girl magic tricks.

"Of course," he said. "[But] I'm not going to force it on anybody...I love doing magic. That's my favorite thing to do."

Blaine and French model Guinochet got engaged in April of last year.