62-40 97th Place #2BC 97th Place Unit ##2BC, Rego Park, NY 11374

$900,000
8
BD
1
BA
2,200
SqFt

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List Price
$900,000
MLS#
1048309
Status
ACTIVE
Bedrooms
8
Bathrooms
1
Living Area
2,200

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.

Additional Information

Year Built
1988
Style
Other
School District
Queens 28
Total Taxes
34644
Heating
None, Other
Parking
Other
Water
Other
Sewer
Other
Taxes
$34,644

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Listing courtesy of Listing Agent: Rick Kelly (rick@altarealestate.com) from Listing Office: Alta New York.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.