9729 64th Rd
Rego Park, NY 11374
Rego Tower · Multifamily Property For Sale
·
34 Units
Investment Highlights
- This is an Investment portfolio sale totaling 45,602 SF
- The 1st, 2nd and 3rd floor is currently being leased by the prestigious Valence College Preparatory Charter School, that educates grades 5 through 8.
- Tax abatement already in place.
- Four units sold together. Occupied by long term, secured tenant.
- The fourth unit is a garage condo of 10,532 SF with fully leased 90+ parking spaces with triple stackers is included.
- Rego Park, the best neighborhood to live in New York is centrally located by retail centers and LIE Exit 25.
Executive Summary
97-29 64th Road is in the heart of Queens, at the corner of 64th and 98th street. This upscale, brand-new mixed-use building was initially built in 2021. Rego Park holds the Valence College Preparatory Charter School and has 34 condo units known as the Rego Tower 64th Road Condominium that are all currently sold out! The Valence College Preparatory Charter School's current lease is up in 29 years. As you walk into the space, you will notice the facility's top-notch architecture and modern touches. High ceilings and the large windows provide so much natural night for a white, bright, clean space with lovely concrete floors. The school includes a gym and spacious classrooms with all the latest technology critical to child education. Nestled in Queens and close to the Long Island Expressway at Exit 25, Rego Park is within a short distance of shopping, dining, and entertainment. In addition, the neighborhood offers many historical views, such as the art deco Rego Park Jewish Center and The Trylon Theater.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Crown Molding
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Freezer
- Patio
Site Amenities
- 24 Hour Access
- Fitness Center
- Tenant Controlled HVAC
- Walking/Biking Trails
- Roof Terrace
- Elevator
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 34 | - | - |
