$900,000
62-40 97th Place Unit: 2BC
Rego Park, NY 11374
8
Beds
1
Baths
2,200
Square feet
1988
Built
Listing narrative
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 Details
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Price
$900,000
Beds
8 bd
Type
Condo
Home Size
2,200 sqft
Baths
1
Lot Size
2,178 sqft
Year
1988
Status
For Sale
Days on Market
42
$ / Sqft
$409
Courtesy of Alta New York





