98-20 62nd Drive

98-20 62nd Drive is a Co-op located 98-20 62nd Drive, in Rego Park, Rego Park. The building was first built in 1955 and is 69 years old. The lot that the building was built on is 862 feet wide and 517 feet long. The official lot area is listed as 360,840 square feet. The building itself is 182 feet wide and 115 feet long. In total, 98-20 62nd Drive has a total floor area of 1,076,000 square feet. Of that, 1,000,000 square feet are used for residential purposes. About 76,000 square feet of the building are used for commercial purposes. Additionally, the building has a 70,000 square feet garage. There are a total of 1,098 units. Of those, 1,094 are residential units. There are four commercial units. 98-20 62nd Drive has a total of 14 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 1,007 closings on record, of which we have matching data for 25 listings. In the past 3 years, a listing in this building will typically remain on the market for about 165 days and tend to sell below the original asking price of $295,000 by 1.64%. Meaning, listings tend to sell at a median of $384 price per square foot. The transaction that took the longest to complete was unit 11N, listed on Oct 26, 2022 for $198,000. This particular unit ultimately sold 345 days later for $210,000. The most recent transaction was for unit 6L, sold for $335,000 on Feb 07, 2024. Fun fact, the oldest transaction we have on record took place on Jan 06, 1969. See the full transaction history for 98-20 62nd Drive below.

Rego Park, where 98-20 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 $295,000. For interested buyers, that means the building's median asking price is around 0.16% 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 7 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 $500,000. It is a 1,200 sqft 3 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $214,000. It is a studio and 1 bathroom unit. A breakdown of active listings shows 1 studio, 2 one-bedroom, 3 two-bedroom, 1 three-bedroom, units for sale! The median price of all the active units for sale in the building is $365,000. Active units for sale at 98-20 62nd Drive are mostly 2-bedroom apartments Active units for sale at 98-20 62nd Drive have a median count of 2 bedrooms and have a median count of 1 bathroom.