201-22 43rd Ave Mixed Use Property in Bayside

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 pro-forma 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.