Do the mortgage rates got you down? Well you are in luck! Rego Parc Condominium is one of the last awarded 421-a abatement buildings in NYC. Amazing value with a tax abatement that runs until 2034 making this an attractive investment property as well. The common charges and monthly taxes are less than $415 per month. Due to low carrying costs, this can provide over $50,000 in savings and allows you to increase your borrowing power! It is located in the intersection between Rego Park and Middle Village providing ample convenience of both neighborhoods. The elevator building features a laundry room, fitness center, bicycle storage and common outdoor space. Parking garage is also available on-site. When entering the apartment, you will noticed the stainless steel appliances and open kitchen concept. The apartment features ductless HVAC in each room allowing you to personalize the temperature for full comfort. There is an abundance of natural light with floor to ceiling windows that are double paned in the living room opening up to your balcony. Both of the bedrooms are spacious to fit a queen size bed. The primary bedroom has an en-suite and walk-in closet providing a proficient floor plan. Owners only need to pay for electricity for their utilities. Being nestled between Middle Village and Rego Park provide an assortment of options from green space (Juniper Valley Park), local restaurants, groceries, and shops, and commuting options (subway R/M, Q11, Q21, Q38, Q52, QM15). Please reach out to schedule a tour. Additional Information: Amenities:Storage,