Fantastic investment opportunity. This approximately 2,200-square-foot condominium is located in The Summit, a 207-unit mixed-use condominium in the heart of Rego Park’s central shopping district. The property is currently occupied by a professional medical office and offers the option to purchase two onsite deeded parking spaces.
Based on the existing income and expenses, the property generates an annual return of approximately 8%. The space features sunny northeast exposures with open treetop views and a versatile layout. The current configuration includes a spacious waiting area, an open horseshoe-style front desk with ample counter space, four exam rooms, three back offices, and a kitchenette.
The property’s location provides convenient access to a large residential community and a substantial potential client base. The building’s commercial spaces are well suited for a variety of professional uses, including medical offices, dental practices, wellness centers, and therapy practices.
- Heating System:
- Other, None
- Cooling System:
- Central Air
- Appliances:
- No
- Interior Features:
- Other
- Parking Features:
- Other
- Sewer:
- Other
- Utilities:
- No
- City:
- NY
- State:
- NY
- Street:
- 97th Place
- Street Number:
- 62-40 97th Place #2BC
- Postal Code:
- 11374
- Floor Number:
- 0
- Longitude:
- W74° 8' 19.5''
- Latitude:
- N40° 44' 1.1''
- UnitNumber:
- #2BC
- PostalCity:
- Rego Park
- Architectural Style:
- Other
- Construction Materials:
- Other
- Elementary School:
- Ps 175 Lynn Gross Discovery
- High School:
- Forest Hills High School
- Agent MlsId:
- 348250
- MiddleOrJunior School:
- Jhs 157 Stephen A Halsey
- PhotosCount:
- 11
- Special Listing Conditions:
- No
- Tax Annual Amount:
- $34,644
- Water Source:
- Other
- Office MlsId:
- ALTANY
Residential - MLS# 1048309
62-40 97th Place #2BC 97th Place, New York, NY
- Property Type :
- Residential
- Property SubType :
- Condominium
- Listing Type :
- For Rent
- Listing ID :
- 1048309
- Price :
- $900,000
- Rooms :
- 11
- Bedrooms :
- 8
- Bathrooms :
- 1
- Bathrooms Total :
- 1
- Square Footage :
- 2,200 Sqft
- Year Built :
- 1988
- Status :
- Active
- Listing Agent :
- Rick Kelly
- Listing Office :
- Alta New York
