For Sale Condo MLS# 1048309

62-40 97th Place #2BC 97th Place #2BC

Rego Park, NY 11374

$900,000

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About 62-40 97th Place #2BC 97th Place #2BC

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.

Property details

Property

Type
condo
Year built
1988
Living area
2,200 sqft
Price / sqft
$409
List date
Sep 4, 2026

Schools

District
New York City Department Of Education

Location

Subdivision
Rego Park
Neighborhood
Rego Park

Location

Neighborhood
Rego Park
School district
New York City Department Of Education

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Listed by Alta New York

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.