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    62-60 99Th St Rego Park, NY 11369

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    For Lease
    $38 SF/Yr ($4,750 /Mo)

    Boutique medical or professional space in residential building.

    Property size:
    1,500 SF
    Lot size:
    1.93 Acres

    Property Features for 62-60 99Th St

    General Information

    Size
    1,500 SF
    Lot size
    1.93 Acres

    Source: Lee & Associates | Long Island Agent Elliot Diamond

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rego Park Medical/Professional Space

    This boutique professional or medical space is located within The Drake, a 420-unit residential building in the heart of Rego Park, Queens. The space features wood floors, a full kitchenette, and a bathroom. It is suitable for a medical practice or professional office, such as an architect, accounting firm, or attorney. The property has a private entrance and is zoned for medical or office use. It is a short walk to the M & R subway lines. Parking is available on the street or in a public parking lot next door to the building. The property is conveniently located to the Long Island Expressway. The property size is 1500 square feet.
    Location Intelligence

    Current Use by Public Records

    The Drake Apartment Building NYC Parking Paradise ... Parking Garage Well Point Family ... Medical Clinic Dr. Nina Zilberman, ... Family Practice Physician Blink Charging Station Electric Vehicle Charging Station

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    UThai, Vet In Queens/USDA Vet, Petco Vaccination Clinic, Spay Neuter Clinic/Veterinary Surgery, Veterinary Care Group - Forest Hills

    Location Insight

    • Map
    • Local Demand
    City
    Rego Park
    County
    Queens
    State
    New York
    Longitude
    -73.872033
    Latitude
    40.769658

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    FAQs

    What type of property is this?
    Medical office - Boutique medical or professional space in residential building.
    Where is this medical office located?
    The property is located at 62-60 99Th St Rego Park, NY.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    What are key features of this property?
    This property features: - Boutique professional/medical space in The Drake, a 420-unit residential building.; - Zoned for medical or office use, suitable for various professions.; - Located in the heart of busy Rego Park, Queens.
    (516) 282-3600
    Request Owner's contact information
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    Rego Park, NY 11369
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    62-60 99Th St Rego Park, NY 11369
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