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About This Home
This 0-bedroom, 0-bathroom residential multi family at 39 Bay 22nd Street in Brooklyn, NY is listed for $2,300,000. Built in 1935, on a 0.13 acres lot.
Incredible and rare developer and investor opportunity in the heart of Bath Beach! Situated on an expansive 60 ft x 97 ft lot yielding 5,800 total lot square feet, this detached property sits within an R5 zoning district featuring a maximum 2.0 FAR. With a maximum buildable envelope of up to 8,700 square feet, the site offers approximately 5,278 sq
uare feet of unused floor area-representing a massive 154% expansion potential over the current built footprint. Currently configured as a 3,450 square foot detached three-family residence built in 1935, the property is being sold strictly "AS-IS," making it the ultimate blank canvas for a premier multi-family development, substantial value-add expansion, or condominium conversion.
Located in highly desirable School District 20 with close proximity to local transit, public safety stations, shopping, and dining. Property will be delivered vacant and broom-swept at closing. Bring your architect and capitalize on one of the neighborhood's premier development footprints! All data is for informational purposes and should be independently verified by the buyer's architect or surveyor.
Key Features
- Built in 1935
- 0.13 acre lot
Property Details
Amenities
Monthly Cost Estimate
$12,301/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
39 Bay 22nd Street
Brooklyn, NY 11214
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 39 Bay 22nd Street is listed at $2,300,000. The estimated monthly payment is $9,967 based on 20% down at 6.5% interest.
Key features include: Built in 1935, 0.13 acre lot.
This property is listed by John J. Ricco and can be reached at 6462473290 or johnricco@kw.com.
