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31305892

201-22 43rd Ave, Bayside, NY 11361

AB
NY 10491212878
Coldwell Banker Commercial AMH
Listed by Coldwell Banker Commercial AMH
$1,700,000
73 days on market
Updated 71 days ago

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.

Listing Contacts

AB
NY 10491212878
Coldwell Banker Commercial AMH
Listed by Coldwell Banker Commercial AMH

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Additional Information

Name
Anthony Briguglio
License
10491212878
Brokerage
Coldwell Banker Commercial AMH
Brokerage Phone
6318649619
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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