Rego Park, NY 11374
$900,000
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.
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Listed by Alta New York