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62-40 97th Place #2BC, Rego Park, photo 1
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62-40 97th Place #2BC

Rego Park, NY 11374 · Queens

Beds
8
Baths
1
Sqft
2,200
Status
Active
On site
46 days

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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.

Listed with Alta New York · Rick Kelly · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Oct 24, 2026, 1:07 AM ET. ©2026 One Key MLS.

Estimate your monthly payment

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and private mortgage insurance.

$7,520.16Total / mo

Estimated monthly payment

Principal & interest
$4,433.16(59.0%)
Taxes
$2,887.00(38.4%)
Insurance
$200.00(2.7%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market insights

The market around Rego Park, NY

Current listings

New in the last 30 days

35

Oct 2026

Average price

Active listings

$558,171

Oct 2026

Average days on market

Active listings

155 days

Oct 2026

Computed from 311 active OneKey MLS listings in Rego Park, NY.

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