62-59 108th Street

62-59 108th Street is a Co-op located in Forest Hills, Forest Hills. The building was first built in 1959 and is 65 years old. The lot that the building was built on is 193 feet wide and 140 feet long. The official lot area is listed as 27,415 square feet. The building itself is 190 feet wide and 116 feet long. In total, 62-59 108th Street has a total floor area of 99,530 square feet. Of that, 98,130 square feet are used for residential purposes. About 1,400 square feet of the building are used for commercial purposes. There are a total of 114 units. Of those, 114 are residential units. 62-59 108th Street 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 69 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 183 days and tend to sell below the original asking price of $325,000 by 3.75%. Meaning, listings tend to sell at a median of $459 price per square foot. The transaction that took the longest to complete was unit 4N, listed on Dec 04, 2019 for $465,000. This particular unit ultimately sold 351 days later for $380,000. The most recent transaction was for unit 5F, which was first advertised on Aug 08, 2023, sold for $375,000 on Feb 07, 2024. Fun fact, the oldest transaction we have on record took place on Apr 02, 1972. See the full transaction history for 62-59 108th Street below.

Forest Hills, where 62-59 108th 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 $325,000. For interested buyers, that means the building's median asking price is around 0.07% 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 2 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 $320,000. It is a 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $192,000. It is a studio and 1 bathroom unit. A breakdown of active listings shows 1 studio, 1 one-bedroom, units for sale! The median price of all the active units for sale in the building is $256,000. Active units for sale at 62-59 108th Street have a median count of 0.5 bedrooms and have a median count of 1 bathroom.