Condo
62-40 97th Place #2BC
Active · Queens, NY 11374
- Bedrooms
- 8 Beds
- Bathrooms
- 1 Bath
- Year built
- 1988
- Est. monthly taxes
- $2,887
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About this home
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.
Listing snapshot
- Days on site
- 49 days
- Listed on MLS
- Sep 8, 2026
- Full baths
- 1
- Half baths
- 0
- Annual property tax (MLS)
- $34,644
- Tax year
- 2025
- Area source (MLS)
- Other
- Listing brokerage
- Alta New York
- MLS ID
- KEY1048309
- Last updated
- Oct 20, 2026
General features
- Property type
- Condo
- Property subtype
- Condominium
- Year built
- 1988
- Garage
- No
- Parking
- Other
- Water source
- Other
- Sewer
- Other
- Utilities
- None
Interior features
- Heating
- None, Other
- Cooling
- Central Air
- Interior
- Other
- Appliances
- None
Exterior features
- Architectural style
- Other
- Construction materials
- Other
Schools (MLS)
- Elementary school
- Ps 175 Lynn Gross Discovery
- Elementary school district
- Queens 28
- Middle school
- Jhs 157 Stephen A Halsey
- Middle school district
- Queens 28
- High school
- Forest Hills High School
- High school district
- Queens 28
School information is provided by the MLS. Confirm attendance eligibility with the school district.
Recent activity
- Listing updated from MLS
- First seen on this site
- MLS status changed
Location
Estimate monthly payment
Estimated monthly principal & interest—
Monthly property taxNot provided
Monthly association / maintenance feesNot provided
Estimated monthly total of entered costs—
Listing data is supplied by the MLS and may change without notice.
