108-50 62nd Drive

108-50 62nd Drive is a Co-op located in Forest Hills, Forest Hills. The building was first built in 1963 and is 61 years old. The lot that the building was built on is 300 feet wide and 103 feet long. The official lot area is listed as 31,446 square feet. The building itself is 266 feet wide and 97 feet long. In total, 108-50 62nd Drive has a total floor area of 99,613 square feet. Of that, 99,613 square feet are used for residential purposes. There are a total of 100 units. Of those, 100 are residential units. 108-50 62nd Drive has a total of 6 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 50 closings on record, of which we have matching data for 15 listings. In the past 3 years, a listing in this building will typically remain on the market for about 202 days and tend to sell below the original asking price of $318,888 by 3.92%. Meaning, listings tend to sell at a median of $365 price per square foot. The transaction that took the longest to complete was unit 6L, listed on Oct 25, 2020 for $340,000. This particular unit ultimately sold 289 days later for $370,000. The most recent transaction was for unit 4R, which was first advertised on Sep 02, 2023, sold for $325,000 on Jan 08, 2024. Fun fact, the oldest transaction we have on record took place on Dec 26, 1985. See the full transaction history for 108-50 62nd Drive below.

Forest Hills, where 108-50 62nd Drive is located, has a median asking price of $350,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $318,888. For interested buyers, that means the building's median asking price is around 0.09% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

There are currently 5 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $399,000. It is a 2 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $230,000. It is a 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 1 studio, 3 one-bedroom, 1 two-bedroom, units for sale! The median price of all the active units for sale in the building is $240,000. Active units for sale at 108-50 62nd Drive have a median count of 1 bedrooms and have a median count of 1 bathroom.