Listed by Coldwell Banker Commercial AMH
$1,700,000
201-22 43rd Ave possible 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, Bayside, NY 11361 presents a compelling opportunity to acquire a well-located 2-Family with Garage in Bayside, Queens offering both residential income and future upside. This three-story property features approximately 2,779 SF on a 2,400 SF lot and includes two spacious residential apartments, each with 3 bedrooms, 1 bath, a full kitchen, dining room, and living room.
The ground floor includes a garage plus additional space with potential for a dental or specialist office build-out, subject to approvals—creating an attractive live/income or mixed-use style opportunity. Additional highlights include gas heat, a private yard, and R3-2 zoning.
From an investment perspective, the asset offers strong proforma performance with $94,000 in gross income and a projected NOI of $66,000 against annual expenses of approximately $28,000.
Offered at $1,700,000, 201-22 43rd Ave, Bayside, NY 11361 is ideal for investors, owner-users, or buyers seeking a versatile Queens asset with income, optionality, and long-term value.
Listing Contacts
Listed by Coldwell Banker Commercial AMH
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