Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $558,000

· Closed April 19, 2022

62-54 97TH Place #7G
Closed For Sale Condo

$558,000

62-54 97TH Place #7G

Rego Park, Queens

The Summit

MLS® #RLS10811965

RLS at REBNY

Listing by Argo Residential

1

Bedroom

1

Bath

N/A

Sq. Ft.

1988

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1988
Ownership Condo
HOA/Common Charges $497/mo
Property Taxes $2,892/yr
Parking Garage
Neighborhood Rego Park
Floor 7 of 17

Property Highlights

  • Exposure: West facing
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 7 of 17
Exposure West
Pets Yes
Cross Street HORACE HARDING EXPRESSWAY SR S and 62 DRIVE
Year Built 1988
Parking Garage Available

Listing History

Event Date Price Change
Listed Nov 11, 2021 $598,000 -
Currently May 17, 2026 $558,000 -6.7%

Description

The fabulously newly renovated luxury full service doorman building - The Summit Condo located conveniently near Costco, subways, eating establishments and additional shopping, Prime Real Estate Location! This luxury full service doorman building in Queens finally has another one bedroom for sale! So rarely available we are very excited to offer now. Welcome to 7G a beautiful one bedroom facing west with wonderful afternoon light. Recently and lovingly touched up ready for the market. Renovated kitchen with stainless steel appliances and Granite surfaces throughout. Gorgeous wood floors and amazing closets. Bedroom is pretty with spacious closets. Renovated bath. Washer and dryer hook up available. DEEDED GARAGED PARKING space included with the sale. Unit 7G does have a capital assessment of 74.21/Month. Parking (real property) monthly common charges are $37.16 and capital assessment of $7.74/Month. The Summit has a gym, recreation room, amazing staff with live in super who has been with the building since its inception. Near (across the street) is Costco, restaurants and more shopping. Four subways to choose from with all great accessibility to the city. The Summit is a special place come see Unit 7G NOW before it is gone.

Building Information

Financial Details

Common Charges $497/mo
RE Taxes $2,892/yr ($241/mo)
Original Price $598,000
Sale Price $558,000
Previous Price $598,000

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, 3:48 PM EST

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Location

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62-54 97TH Place #7G, Rego Park, Queens County • Near HORACE HARDING EXPRESSWAY SR S and 62 DRIVE

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 $497 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $2,892, or roughly $241 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

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.

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: RLS10811965
First Listed: 11/11/2021
Price Changed: 12/2/2022
Closed: 4/19/2022
Contract Date: 11/8/2021

Listing Courtesy of Argo Residential - Jodi Nath

Listing Contact: (212) 896-8696

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 5/17/2026 at 7:48 PM UTC

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