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MLS ID KEY1048309Last updated Oct 20, 2026

Condo

62-40 97th Place #2BC

Active · Queens, NY 11374

Bedrooms
8 Beds
Bathrooms
1 Bath
Year built
1988
Est. monthly taxes
$2,887
Property gallery0 / 11
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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

  1. Listing updated from MLS
  2. First seen on this site
  3. MLS status changed

Location

Queens, NY 11374Show interactive map
62-40 97th Place #2BC

Queens, NY 11374

Google Maps directions

Estimate monthly payment

Loan detailsFixed-rate, fully amortizing loan. Edit the assumptions below; no market rate is supplied.
Property expenses (USD)
MLS amounts are prefilled when available and can be edited. Confirm what fees include. Unknown fee frequencies cannot be converted automatically.Property expenses: MLS values where available; missing values stay blank.

Estimated monthly principal & interest—

Monthly property taxNot provided

Monthly association / maintenance feesNot provided

Estimated monthly total of entered costs—

Excludes insurance, mortgage insurance, special assessments and lender fees. MLS taxes may reflect abatements or exemptions and can change.

Listing data is supplied by the MLS and may change without notice.