

Listed by Coldwell Banker Commercial AMH
$1,700,000
201-22 43rd Ave Mixed Use Property in Bayside
Details
Property Type Mixed Use
Sub Type Dental Office, Multifamily
Square Footage 2,779
Net Rentable (SqFt) 2,779
Units 3
Occupancy 66%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 6.94%
Pro-Forma NOI $118,000
Price per SqFt $612
Class B
Year Built 1970
Buildings 1
Stories 3
Lot Size (SqFt) 2,400
Zoning R3-2
Ownership 100%
Mixed Use Building in Bayside for Sale
Marketing description
201-22 43rd Ave at 201-22 43rd Ave, Bayside, NY 11361 presents a compelling mixed-use investment opportunity in the heart of Bayside, Queens. Offered at $1,700,000, this three-story, 2,779 SF building sits on a 2,400 SF lot and features three units with strong upside for both investors and owner-users.
The ground floor is configured for a town-permitted dental office, offering a rare opportunity for a dentist, specialist, or medical user to complete the build-out to their specifications. Above, the second and third floors each feature spacious 3-bedroom, 1-bath residential apartments with kitchen, dining room, and living room layouts, creating stable income potential in a sought-after neighborhood.
Built in 1970 and zoned R3-2, the property also includes gas heat and a private yard. With projected gross income of $146,000 and a proforma NOI of $118,000 against approximately $28,000 in annual expenses, this asset combines income, flexibility, and long-term value. Ideal for investors seeking a well-located Queens mixed-use property with medical-office potential and residential cash flow.
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Listed by Coldwell Banker Commercial AMH
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