Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $480,000

· Closed September 13, 2016

62-54 97th Place #3-L
Closed For Sale Condo

$480,000

$676 per sq ft

62-54 97th Place #3-L

Rego Park, Queens

Summit, The

MLS® #RLS10072995

RLS at REBNY

Listing by RealDirect Brokerage Services

1

Bedroom

1

Bath

710

Sq. Ft.

1988

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 710 sq ft
Year Built 1988
Ownership Condo
HOA/Common Charges $644/mo
Property Taxes $2,328/yr
Parking Garage
Neighborhood Rego Park

Property Highlights

  • Exposure: West facing
  • Outdoor Space: Balcony
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Exposure West
Pets Yes
Cross Street Horace Harding Expressway/62nd Drive
Year Built 1988
Living Area 710 sq ft
Parking Garage Available
Block/Lot 2082/7501

Listing History

Event Date Price Change
Listed Jun 9, 2016 $480,000 -
Price Reduced Sep 13, 2016 $459,000 -4.4%

Description

Beautiful and well maintained 1 bedroom condo available in highly sought after Summit building!

Pristine one bedroom condo located at The Summit in Rego Park. Just steps away from subway and Rego Park Center mall. Inviting living room with a balcony overlooking a park, open modern kitchen with stainless steel appliances and granite counter top, washer/dryer in unit, central heating and AC. Gym included in common charges. Below ground parking space (real property) included with sale of unit. Full service building with gym, 24 hr doorman, live in super and friendly staff. Common charge and tax includes both the unit and parking space.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Balcony Balcony

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $644/mo
RE Taxes $2,328/yr ($194/mo)
Previous Price $459,000

Rego Park is a highly convenient and residential Queens neighborhood known for its exceptional shopping and varied housing options. Home to major retail centers like Rego Center, the area offers a practical and comfortable urban lifestyle. The real estate market is characterized by a mix of spacious pre-war cooperatives, traditional multi-family houses, and modern high-rise condominiums that provide excellent value and a quick commute to Manhattan.

Rego Park Live Market Data

View Neighborhood

Active Listings

16

Median Asking Price

$455K

Median $/Sqft

$496

Avg Days on Market

N/A

New This Week

1

Price Reduced

25%

Sold (30 Days)

0

Median Sale Price

$365K

Live data from RLS at REBNY • Updated 5/17/26, 8:02 PM EST

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Location

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62-54 97th Place #3-L, Rego Park, Queens County • Near Horace Harding Expressway/62nd Drive

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1988
Year Built
38 years old
17
Floors
206
Residential Units
R7-1
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $11,761,209
Land Value: $1,967,418
Exemptions: $434,852

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 50,500 SF
Building Area: 210,027 SF
Built FAR: 4.16
Allowed FAR: 3.44

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $644 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $2,328, or roughly $194 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 710 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1988, making it approximately 38 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $480,000 for 710 sq ft, the asking price per square foot is approximately $676. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10072995
First Listed: 6/9/2016
Price Changed: 9/13/2016
Closed: 9/13/2016
Contract Date: 6/9/2016

Listing Courtesy of RealDirect Brokerage Services - Douglas Perlson

Listing Contact: (917) 597-9181

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/18/2026 at 12:02 AM UTC

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