39 Bay 22nd Street 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.