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

For Sale

$900,000

Smart Buyer Rebate $10,000

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 by Rick Kelly

·

Alta New York

·

917-204-6577

Last updated September 09, 2026

·

Source: OneKey #1048309

Listing Facts

  • TypeCondo
  • NeighborhoodRego Park
  • Bedrooms8
  • Bathrooms1
  • Days on Prevu7
  • Taxes$34,644/year
  • Size2,200 sqft
  • Price per sqft$409

Amenities

  • Pets Allowed
  • Air Conditioning

Location

Mortgage Calculator

Listing History

09/08/2026
Listed by Alta New York
$900,000
  1. 09/08/2026$900,000
    Listed by Alta New York

Estimated Closing Costs

Attorney Fees
$4,000
Title Insurance
$4,050
Bank Attorney
$1,500
Mortgage Recording Tax
$13,860
Other Closing Costs
$4,000
Total
$27,410

Estimated closing costs are based on the list price of $900,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 62-40 97th Place #2BC 97th Place 2BC

Association

Amenities

  • Pets Allowed: Call

Exterior

Construction

  • Year Built: 1988
  • Architectural Style: Other
  • Construction Materials: Other
  • Entry Level: 2

Measurements

  • Building Area Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $34,644.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: Other

Measurements

  • Living Area: 2,200
  • Living Area Source: Other

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 8
  • Rooms Total: 11

Parking

Parking

  • Parking Features: Other

Schools

Elementary School

  • Elementary School: Ps 175 Lynn Gross Discovery
  • Elementary School District: Queens 28

High School

  • High School: Forest Hills High School
  • High School District: Queens 28

Middle or Junior School

  • Middle Or Junior School: Jhs 157 Stephen A Halsey
  • Middle Or Junior School District: Queens 28

Utilities

Equipment

  • Cooling: Central Air
  • Heating: None, Other
  • Sewer: Other
  • Water Source: Other

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 8 bedrooms and 1 bathroom in this condo at 62-40 97th Place #2BC 97th Place 2BC.

What schools are nearby to 62-40 97th Place #2BC 97th Place 2BC?

Nearby schools include the Ps 175 Lynn Gross Discovery Elementary School, Jhs 157 Stephen A Halsey Middle School, and Forest Hills High School.

Are pets allowed at 62-40 97th Place #2BC 97th Place?

Yes, 62-40 97th Place #2BC 97th Place allows pets. Check the Property Details for any relevant restrictions.

What are the annual taxes for 62-40 97th Place #2BC 97th Place 2BC?

Annual taxes for this condo are estimated at $34,644.

How does 62-40 97th Place #2BC 97th Place 2BC compare to other condos in Rego Park?

This condo is listed 36% above the average price for condos in Rego Park and has been on the market for 95 less days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 2,200 sqft.

62-40 97th Place #2BC 97th Place 2BC is a 8-bedroom, 1-bath condo for sale in Rego Park NY 11374. On Prevu for 7 days at $900,000. This home features 2,200 square feet of living space, located in Rego Park. The median listing price for condos in this area is $415,000. Nearby schools include Ps 175 Lynn Gross Discovery Elementary School, Jhs 157 Stephen A Halsey Middle School, and Forest Hills High School. Property amenities include pets allowed and air conditioning. Explore more condo listings in Queens.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.