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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 T+edXCPBqi0/mBCF6sGN23Kua7HmmPkosGsrwLGIIiqVssT3T/dvltFi2MoG6WKV
 f9teyUtetLGzD7+68sQ2mQ==

<SEC-DOCUMENT>0000947724-10-000003.txt : 20100115
<SEC-HEADER>0000947724-10-000003.hdr.sgml : 20100115
<ACCEPTANCE-DATETIME>20100115124352
ACCESSION NUMBER:		0000947724-10-000003
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
ITEM INFORMATION:		Investment Company Act Section 3(c)
ITEM INFORMATION:		Section 3(c)(7)
FILED AS OF DATE:		20100115
DATE AS OF CHANGE:		20100115
EFFECTIVENESS DATE:		20100115

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BASSWOOD OPPORTUNITY FUND, INC.
		CENTRAL INDEX KEY:			0000947724
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-94772-4N
		FILM NUMBER:		10529610

	BUSINESS ADDRESS:	
		STREET 1:		4TH FL., HARBOUR CENTRE
		STREET 2:		GEORGE TOWN GRAND CAYMAN
		CITY:			CAYMAN ISLANDS
		STATE:			E9
		ZIP:			KY1-1103
		BUSINESS PHONE:		212-521-9500

	MAIL ADDRESS:	
		STREET 1:		C/O BASSWOOD CAPITAL MANAGEMENT LLC
		STREET 2:		645 MADISON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BASSWOOD INTERNATIONAL FUND INC
		DATE OF NAME CHANGE:	19950707
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0000947724</cik>
        <entityName>BASSWOOD OPPORTUNITY FUND, INC.</entityName>
        <issuerAddress>
            <street1>4TH FL., HARBOUR CENTRE</street1>
            <street2>GEORGE TOWN GRAND CAYMAN</street2>
            <city>CAYMAN ISLANDS</city>
            <stateOrCountry>E9</stateOrCountry>
            <zipCode>KY1-1103</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>212-521-9500</issuerPhoneNumber>
        <jurisdictionOfInc>CAYMAN ISLANDS</jurisdictionOfInc>
        <edgarPreviousNameList>
            <previousName>BASSWOOD INTERNATIONAL FUND INC</previousName>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>BENNETT</firstName>
                <lastName>LINDENBAUM</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>645 MADISON AVENUE</street1>
                <street2>10TH FLOOR</street2>
                <city>NEW YORK</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10022</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>MATTHEW</firstName>
                <lastName>LINDENBAUM</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>645 MADISON AVENUE</street1>
                <street2>10TH FLOOR</street2>
                <city>NEW YORK</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10022</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>MARTIN</firstName>
                <lastName>BYRNE</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>HARBOUR CENTRE</street1>
                <street2>4TH FL, N. CHURCH ST.</street2>
                <city>GEORGE TOWN, GRAND CAYMAN</city>
                <stateOrCountry>E9</stateOrCountry>
                <zipCode>KY1-1102</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>IAN</firstName>
                <lastName>GOODALL</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>HARBOUR CENTRE</street1>
                <street2>4TH FL, N. CHURCH ST.</street2>
                <city>GEORGE TOWN, GRAND CAYMAN</city>
                <stateOrCountry>E9</stateOrCountry>
                <zipCode>KY1-1102</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>CHRISTOPHER</firstName>
                <lastName>BOWRING</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>HARBOUR CENTRE</street1>
                <street2>4TH FL, N. CHURCH ST.</street2>
                <city>GEORGE TOWN, GRAND CAYMAN</city>
                <stateOrCountry>E9</stateOrCountry>
                <zipCode>KY1-1102</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Hedge Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <aggregateNetAssetValueRange>Decline to Disclose</aggregateNetAssetValueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
            <item>3C</item>
            <item>3C.7</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2010-01-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>16073529</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>2</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>BASSWOOD OPPORTUNITY FUND, INC.</issuerName>
                <signatureName>/S/MATTHEW LINDENBAUM</signatureName>
                <nameOfSigner>MATTHEW LINDENBAUM</nameOfSigner>
                <signatureTitle>DIRECTOR</signatureTitle>
                <signatureDate>2010-01-15</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----