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39 Bay 22nd Street, Brooklyn, NY, 11214

--beds
--baths
3,450sqft
$2,300,000
$667price/sqft
$14,030/moest. monthly cost
$561,200/yrincome needed

About This Home

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.

Getting Around

98
WalkingWalker's Paradise
0
TransitVery Limited Transit
63
BikeBikeable

Schools

6/10
Ps 200 Benson SchoolGrades PK-50.1 mi
9/10
Ps 163 Bath BeachGrades K-80.4 mi
4/10
New Utrecht High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1935

Materials

  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Triplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Features

  • Other

Heating & Cooling

  • Heating features: Hot Water,Other
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 3,450
  • Total interior livable area: 3,450 sqft

Property

Details

  • Parcel number: 063730031
  • Special condition: None

Lot

  • Lot size: 5,800 sqft
  • Features: Back Yard
  • Lot size dimensions: 60' x 96.67'

Parking

  • Total spaces: 1
  • Parking features: Detached,Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,630$139,560
Home Insurance *$757$9,084
Property Taxes $1,073$12,876
Electricity $570$6,841
Total$14,030$168,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$481,028/yr
40% on housing$420,900/yr
45% on housing$374,133/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$667This listing

vs Other Active Listings

Avg $/sqft

ZIP 11214$623
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11214$568
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-12Listed for sale$2,300,000

For Sale by Agent

AgentJohn J. Ricco
BrokerageKeller Williams Realty

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