83-5 98th Street

83-5 98th Street is a Co-op located in Forest Park, Woodhaven. The building was first built in 1954 and is 70 years old. The lot that the building was built on is 735 feet wide and 285 feet long. The official lot area is listed as 128,408 square feet. The building itself is 136 feet wide and 161 feet long. In total, 83-5 98th Street has a total floor area of 385,000 square feet. Of that, 385,000 square feet are used for residential purposes. There are a total of 390 units. Of those, 390 are residential units. 83-5 98th 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 308 closings on record, of which we have matching data for 13 listings. In the past 3 years, a listing in this building will typically remain on the market for about 199 days and tend to sell below the original asking price of $265,000 by 6.82%. Meaning, listings tend to sell at a median of $299 price per square foot. The transaction that took the longest to complete was unit 2B, listed on Apr 05, 2022 for $189,000. This particular unit ultimately sold 315 days later for $165,000. The most recent transaction was for unit 6C, sold for $291,500 on Dec 15, 2023. Fun fact, the oldest transaction we have on record took place on Dec 28, 1966. See the full transaction history for 83-5 98th Street below.

Forest Park, where 83-5 98th Street is located, has a median asking price of $261,250 for co-op buildings. Meanwhile, the building itself has a median asking price of $265,000. For interested buyers, that means the building's median asking price is around 0.01% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $359,000. It is a 2-bedroom and 1-bathroom unit.