39 Bay 22nd St, Brooklyn, NY 11214

39 Bay 22nd St
Brooklyn, NY

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 square 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.

Property Details

$2,300,000
List Price
60' X 96.67'
Lot Size

Massive Redevelopment Potential: Substantial 60' x 97' lot size yielding 5,800 total sq. ft. in highly coveted R5 zoning.
Significant Surplus Air Rights: Features an R5 Maximum FAR of 2.0, allowing for a Maximum Buildable Envelope of up to 8,700 SF. The property currently utilizes only 3,422 SF, leaving 5,278 SF of unused floor area (a 154% expansion potential).
Prime Bath Beach Location: Nestled in a high-demand Brooklyn neighborhood (School District 20) with easy access to shopping, transit, and community services.
Flexible Investment Strategy: Ideal for a ground-up multi-family development, a substantial value-add expansion, or a condo conversion play.
Delivered Broom-Swept: Property will be delivered completely clear and ready for your architectural team.
Strong Market Comparables: Recent 2026 neighborhood comps support high-water mark valuations of $2.3M+ for similar development footprints.

Massive Redevelopment Potential: Substantial 60' x 97' lot size yielding 5,800 total sq. ft. in highly coveted R5 zoning.
Significant Surplus Air Rights: Features an R5 Maximum FAR of 2.0, allowing for a Maximum Buildable Envelope of up to 8,700 SF. The property currently utilizes only 3,422 SF, leaving 5,278 SF of unused floor area (a 154% expansion potential).
Prime Bath Beach Location: Nestled in a high-demand Brooklyn neighborhood (School District 20) with easy access to shopping, transit, and community services.
Flexible Investment Strategy: Ideal for a ground-up multi-family development, a substantial value-add expansion, or a condo conversion play.
Delivered Broom-Swept: Property will be delivered completely clear and ready for your architectural team.
Strong Market Comparables: Recent 2026 neighborhood comps support high-water mark valuations of $2.3M+ for similar development footprints.

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John J. Ricco