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8 Beds
4 Baths

$1,788,888

99-13 62nd Drive, Rego Park NY, 11374

Price per sqftN/A
Built in1955
Property typeMulti-family
Courtesy of East Coast Realty by Zarina II, Zarina Yusupova Listing Contact: 718-271-2121

Overview

Active

Listed May 15, 2026

Updated 6 days ago

LOCATION, LOCATION, LOCATION! Prime investment opportunity in the heart of Rego Park. This legal 3-family pre-war townhouse sits on a 19x95 lot and features three full floors, an elongated garage, and multiple parking spaces — a rare parking goldmine with excellent income potential. The property includes a 2-bedroom unit on the first floor and two 3-bedroom units on the second and third floors. The first and third floor units have been recently vacated and are move-in ready. The second-floor unit has been fully renovated with updated granite countertops, custom cabinetry, stainless steel appliances, and brand-new bathrooms. The current tenant is paying $3,500/month on a month-to-month basis. Free Market Rent ( NO RENT STABILIZATION NOR RENT CONTROL). The third-floor apartment is currently under minor renovations, and updated photos will be provided once the work is completed. Additionally, the third-floor unit includes a convenient laundry hamper located in the bathroom for added functionality. Ideal for investors or end-users seeking strong rental income while occupying one unit, this middle-unit townhouse also offers approximately 50% savings on utility bills. The roof crawl space is insulated for additional sealing and energy efficiency. Situated on a wide, sunny street with excellent feng shui, the home also features a private backyard oasis perfect for outdoor enjoyment and entertaining. Conveniently located near elementary, middle, and high schools, as well as a variety of shops and restaurants. Just steps from Rego Center and Queens Center, with easy access to buses, trains, major highways, and only minutes from Queens Boulevard. A rare opportunity for investment or comfortable multi-generational living. Property sold as is.

$11,902/mo

Est. mortgage payment based on a $1,788,888 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1000407

Interior Features

Bedrooms
8
Bathrooms
4
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.04 Acres

Other Property Details

Taxes
$11,050
Tax Frequency
Annually
Garage
Yes

Listings courtesy of OneKey MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Alex Dzhurayev shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 6:13 PM UTC on 9/20/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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