168 22nd St, Brooklyn, NY 11232

Property Description

Discover the potential of 168 22nd Street, a three-family townhouse located in Greenwood Heights, Brooklyn, just moments from the vibrant neighborhoods of Park Slope and Sunset Park. Situated on an approximately 22.75' × 100' lot, this three-story property offers approximately 2,310 square feet of existing building space, plus a basement, with one residential unit per floor. Current Layout: First Floor: Studio apartment with one bathroom. (Tenant occupied good standing) Second Floor: Two-bedroom, one-bathroom apartment. (Month to month can be vacant) Third Floor: Two-bedroom, one-bathroom apartment. (Owner occupied, will be vacant) Outdoor Space: Shared backyard accessible to residents. The property presents an opportunity for investors, developers, or end users looking to renovate and customize a multifamily townhouse in a desirable Brooklyn location. Zoned M1-2D, the property has a residential FAR of 1.5, representing a theoretical maximum residential floor area of approximately 3,412 square feet. Based on the existing building area of approximately 2,310 square feet, there may be potential for additional square feet, subject to applicable zoning regulations, restrictions, and approvals. Potential expansion options may include a vertical addition, rear extension, or a combination of both. Conveniently located near the 25th Street R train station, Industry City, Green-Wood Cemetery, and the restaurants, cafés, and shops along 4th and 5th Avenues, the property offers access to neighborhood amenities and transportation. The property is being sold strictly AS IS (no violations free and clear). All information provided, including square footage, lot dimensions, zoning, permitted uses, and potential development rights, is deemed reliable but not guaranteed. Buyers are responsible for conducting their own independent due diligence. An opportunity to reimagine a three-family Brooklyn townhouse with potential for future development.