Park Plaza

Park Plaza is a Co-op located 61-25 97th Street, in Rego Park, Rego Park. The building was first built in 1960 and is 64 years old. The lot that the building was built on is 380 feet wide and 200 feet long. The official lot area is listed as 76,000 square feet. The building itself is 182 feet wide and 110 feet long. In total, 61-25 97th Street has a total floor area of 416,450 square feet. Of that, 395,000 square feet are used for residential purposes. About 21,450 square feet of the building are used for commercial purposes. Additionally, the building has a 21,450 square feet garage. There are a total of 445 units. Of those, 445 are residential units. 61-25 97th Street has a total of 15 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 383 closings on record, of which we have matching data for 28 listings. In the past 3 years, a listing in this building will typically remain on the market for about 187 days and tend to sell below the original asking price of $312,500 by 8.10%. Meaning, listings tend to sell at a median of $428 price per square foot. The transaction that took the longest to complete was unit 8J, listed on Jul 18, 2019 for $540,000. This particular unit ultimately sold 369 days later for $484,306. The most recent transaction was for unit 7A25, sold for $500,000 on Jan 29, 2024. Fun fact, the oldest transaction we have on record took place on Apr 04, 1984. See the full transaction history for Park Plaza below.

Rego Park, where 61-25 97th Street is located, has a median asking price of $350,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $312,500. For interested buyers, that means the building's median asking price is around 0.11% 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 10 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 $478,000. It is a 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $187,000. It is a studio and 1 bathroom unit. A breakdown of active listings shows 4 studio, 5 one-bedroom, 1 two-bedroom, units for sale! The median price of all the active units for sale in the building is $300,000. Active units for sale at 61-25 97th Street have a median count of 1 bedrooms and have a median count of 1 bathroom.