Description

Prime Bensonhurst opportunity on Bay 20th Street, between 86th Street and Benson Avenue—this fully detached three-story property sits on a 40 ft x 96.67 ft lot with a 24 ft x 56 ft building per floor and R5 zoning. Delivered fully vacant, the property includes a private driveway accommodating five cars and a fully fenced, gated backyard. Originally a three-family home and gut renovated in 1996, it is currently configured as a turnkey pediatric doctor’s office on the first floor, offering exceptional potential for conversion back to a multi-family residence, day care center, adult home care, or luxury live/work setup. The first floor features five observation rooms, a doctor’s private office with half bath, reception and waiting areas, and a public restroom—easily convertible to a 4–5 bedroom apartment or community facility. The second floor offers a large one-bedroom unit with a home office, grand formal living room, full bath, expansive modern eat-in kitchen, and access to an oversized front balcony. The third floor is a duplex layout with two large bedrooms (one with an additional balcony), full bath, and a grand master suite with ¾ bath and generous closet space. The fully finished basement includes a full bathroom, recreation room, extra room, private entrance with thermostat, and separate storage. Additional features include updated electrical and plumbing, central A/C, 4-zone heating, and a new 75-gallon hot water heater with gas boiler in excellent condition. Located minutes from 86th Street shopping, restaurants, the D train, and bus lines, this property offers flexible zoning and is a rare, one-of-a-kind opportunity for investors, personal use, or redevelopment.

Listing Details

  • Space Type

    Mixed Use

  • Sub Category

    Office / Multifamily

  • Sale Type

    1031 Exchange

  • Date Listed

    10/3/2025

  • Typical Floor Size

    1,344 SF

Property Specifics

  • Property Name

    59 Bay 29 Street

  • No of Buildings

    1

  • No of Stories

    3

  • Building Size

    4,032 SF

  • Lot Size

    3,947 SF

  • Year Renovated

    1996

  • Zoning

    R5

Property Amenities

Unit Amenities

Air Conditioning
Fenced Lot
Natural Light
Onsite Parking

Location Amenities

Airport
Commuter Rail
Metro/Subway
Public Transportation