62-40 97th Place #2B 97th Place, Rego Park, NY 11374 (MLS # 1048309)
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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.
| DAYS ON MARKET | 5 | LAST UPDATED | 9/8/2026 |
|---|---|---|---|
| YEAR BUILT | 1988 | COUNTY | Queens |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | Ps 175 Lynn Gross Discovery |
|---|---|
| Jr. High School | Jhs 157 Stephen A Halsey |
| High School | Forest Hills High School |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | None |
| CONSTRUCTION | Other |
| HEAT | None, Other |
| INTERIOR | Other |
| LOT | 0 |
| PARKING | Other |
| SEWER | Other |
| STYLE | Other |
| TAXES | 34644 |
| UTILITIES | None |
| WATER | Other |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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