Kranti Bhalla
Call: (212) 500-0389
Text: (212) 500-0389
BEDS8
BATHS1 full
SQUARE FEET2,200
MLS#1048309
STATUSActive
PROPERTY TYPEResidential - Condominium
SCHOOLQueens 28
Property Description
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 Features
Property Type: Residential - Condominium
Cooling: Central Air
Heating: None, Other
Home Style: Other
Taxes: $34,644
Year Built: 1988
Amenities
Other
Feature Descriptions
Appliances: None
Days on Site: 1
Exterior: Other
On Market Date: 2026-09-08
Parking Features: Other
Pets Allowed: Call
Rental Term: Monthly
Rooms Total: 11
Sewer: Other
Utilities: None
Water: Other
Local Schools
High School: Forest Hills High School
Middle School: Jhs 157 Stephen A Halsey
Elementary School: Ps 175 Lynn Gross Discovery
School District: Queens 28
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Estimated Payment
$ 5,152.51 per month $2,003.01 Principal & Interest $2,887.00 Property Tax $262.50 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Alta New York
Agency Phone: 917-204-6577
Shown By
Agent Name: Kranti Bhalla
Agent Phone: (212) 500-0389
Agency Title: Laffey Real Estate
62-40 97th Place #2bc 97th Place, Unit #2BC | MLS# 1048309
This condo located at 62-40 97th Place #2bc 97th Place, Unit #2BC, Rego Park, NY 11374 is currently listed for sale with an asking price of $900,000. This property was built in 1988 and has 8 bedrooms and 1 full baths with 2200 sq. ft. 62-40 97th Place #2bc 97th Place, Unit #2BC is located within the Queens 28 school district. Search Rego Park real estate on krantibhalla.laffey.com today.