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55-25 98th Place

55-25 98th Place, Corona, NY 11368
208 Units
55-25 98th Place is a Co-op located in South Corona, Corona. The building was first built in 1965 and is 59 years old. The lot that the building was built on is 269 feet wide and 332 feet long. The official lot area is listed as 84,760 square feet. The building itself is 70 feet wide and 190 feet long. In total, 55-25 98th Place has a total floor area of 225,240 square feet. Of that, 225,000 square feet are used for residential purposes. About 240 square feet of the building are used for commercial purposes. There are a total of 208 units. Of those, 207 are residential units. There is one commercial unit. 55-25 98th Place 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. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 231 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 195 days and tend to sell below the original asking price of $329,000 by 9.55%. Meaning, listings tend to sell at a median of $307 price per square foot. The transaction that took the longest to complete was unit 3H, listed on Aug 03, 2019 for $398,000. This particular unit ultimately sold 366 days later for $360,000. The most recent transaction was for unit 5D, sold for $290,000 on Feb 28, 2024. Fun fact, the oldest transaction we have on record took place on May 16, 1967. See the full transaction history for 55-25 98th Place below.

South Corona, where 55-25 98th Place is located, has a median asking price of $350,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $329,000. For interested buyers, that means the building's median asking price is around 0.06% 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.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Garage Parking
No Parking
Attached Garage
Attached Garage: 1 Space
On-Street Parking
Off Street Parking

Facilities

Laundry Room

Pet Policy

Dogs Allowed
Cats Allowed
Dogs Allowed / Cats Allowed

Location

Near Public Transit
Cul-De-Sac Lot
This property description is generated based on publicly available data.

5 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230831 Unit LK
08/31/2023
LK
1 Bed
1 Bath
-
$250,000
bedrooms
1 Bed
bathrooms
1 Bath
-
02/05/2024
Alicia Parenty
Keller Williams Realty Greater
20230623 Unit 3C
06/23/2023
3C
2 Bed
2 Bath
-
$389,000
bedrooms
2 Bed
bathrooms
2 Bath
$375,000 -3.60%
01/16/2024
JingYun Chen
Sany Realty Group LLC
20230329 Unit 5A
03/29/2023
5A
2 Bed
1 Bath
-
$299,000
bedrooms
2 Bed
bathrooms
1 Bath
$260,000 -13.04%
09/28/2023
Kelly Wu
RE/MAX Edge
20221116 Unit LK
11/16/2022
LK
1 Bed
1 Bath
-
$265,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Violeta Castillo
Exit Realty Central
20190803 Unit 3H
08/03/2019
3H
3 Bed
2 Bath
1295 ft²
$398,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1295 ft²
$360,000 -9.55%
08/04/2020
Sandy Kwong
New Group Realty Inc

Building Info

Overview

    General

  • Year Built: 1965
  • Building Count: 3
  • Floor Count: 6
  • Total Unit Count: 208
  • Residential Unit Count: 207
  • Basement Type: 1

    Dimensions

  • Lot Area Sqft: 84,760
  • Lot Size Depth Feet: 332
  • Lot Size Frontage Feet: 269
  • Building Depth: 190
  • Building Frontage: 70
  • Gross Building Area: 225,240

    Building Floor Area

  • Residential Building Floor Area: 225,000
  • Commercial Building Floor Area: 240
  • Other Building Floor Area: 240

    Floor Area Ratio

  • Built Floor Area Ratio: 3
  • Residential Floor Area Ratio: 3
  • Facilities Floor Area Ratio: 3

Building

  • Building Type: D4
  • Lot Type: 5
  • Land Use: 03
  • Irregular Lot Code: Y
  • Proximity Code: 1
  • Extension Code: N

Neighborhood

  • Community District: 404
  • City Council District: 21
  • Police Precinct: 110
  • Fire Company: E324
  • Health Area: 1500
  • Sanitation District Borough: 4
  • Sanitation Subsection: 3D
  • School District: 24

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R7B

Geography

  • Borough Name: QN
  • Borough Code: 4
  • Block: 1908
  • Lot: 1
  • Borough Block Lot: 4019080001

    Address

  • Full Address: 55-25 98 Place
  • Zip Code: 11368

Valuation

    Assessments Valuation

  • Assessed Total Value: $7,405,200
  • Assessed Land Value: $1,525,500

    Exemptions

  • Exempt Total Value: $76,381
  • Exempt Land Value: $0

About Northwestern Queens



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Frequently Asked Questions

What neighborhood is 55-25 98th Place located in?
The 55-25 98th Place is a Co-op located in the neighborhood of South Corona in Northwestern Queens, Corona.
What is the average sales price for listings in 55-25 98th Place?
The average sales price for units in 55-25 98th Place is $329,000 , or $307/sqft. currently.

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