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Queens / Rego Park / 11374

97-40 62 DRIVE

Boro4
Block2086
Lot50
BBL4020860050
Class D4
Residential units
1,094
Units in total
1,098
Storeys
14
Year built
1955
Last alteration on file
-
Recorded transfers
899 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
22 Jun 2026$217,00012NSINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Jun 2026$315,0006BSINGLE RESIDENTIAL COOP UNITRPTT&RET
4 Jun 2026$420,0006HSINGLE RESIDENTIAL COOP UNITRPTT&RET
28 May 2026$420,00012KSINGLE RESIDENTIAL COOP UNITRPTT&RET
21 May 2026$500,0004JSINGLE RESIDENTIAL COOP UNITRPTT&RET
20 May 2026$200,00014ASINGLE RESIDENTIAL COOP UNITRPTT&RET
19 May 2026$1014GSINGLE RESIDENTIAL COOP UNITRPTT&RET
31 Mar 2026$320,0004MSINGLE RESIDENTIAL COOP UNITRPTT&RET
4 Mar 2026$450,0009HSINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Jan 2026$469,0006JSINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Jan 2026$500,0006JSINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Jan 2026$300,00011GSINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Jan 2026$430,0009KSINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Jan 2026$550,0007JSINGLE RESIDENTIAL COOP UNITRPTT&RET
22 Dec 2025$400,0006DSINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Nov 2025$455,00011HSINGLE RESIDENTIAL COOP UNITRPTT&RET
5 Nov 2025$199,00010ASINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Oct 2025$440,00015DSINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Oct 2025$410,0007KSINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Oct 2025$535,00012JSINGLE RESIDENTIAL COOP UNITRPTT&RET
17 Sep 2025$305,0002BSINGLE RESIDENTIAL COOP UNITRPTT&RET
12 Sep 2025$192,0009NSINGLE RESIDENTIAL COOP UNITRPTT&RET
5 Aug 2025$300,00015BSINGLE RESIDENTIAL COOP UNITRPTT&RET
5 Aug 2025$205,0005NSINGLE RESIDENTIAL COOP UNITRPTT&RET
4 Aug 2025$189,00011ASINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Jul 2025$430,0004KSINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Jun 2025$315,0001FSINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Jun 2025$300,0008BSINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Jun 2025$325,0002GSINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Jun 2025$108,9715ASINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Jun 2025$220,00061SINGLE RESIDENTIAL COOP UNITRPTT&RET
8 May 2025$300,00014FSINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Apr 2025$420,00015HSINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Apr 2025$535,0003ESINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Mar 2025$320,00015GSINGLE RESIDENTIAL COOP UNITRPTT&RET
5 Mar 2025$362,5007BSINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Mar 2025$210,00010NSINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Jan 2025$295,0004MSINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Jan 2025$540,00010JSINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Jan 2025$410,0003HSINGLE RESIDENTIAL COOP UNITRPTT&RET
899 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.

By year

YearTransfersMedian recordedLowestHighest
202614$420,000$10$550,000
202526$317,500$108,971$540,000
202445$300,000$10$580,000
202327$300,000$185,000$620,000
202242$300,000$10$545,000
202146$291,500$10$609,000
202018$292,500$190,000$535,000
201939$290,000$185,000$500,000
201832$312,000$159,500$615,000
201741$270,000$145,000$552,000
201644$252,500$105,000$460,000
201537$219,000$120,000$420,000
201443$212,500$118,000$375,000
201350$203,000$80,000$370,000
201231$185,000$75,000$350,000
201138$205,000$10$342,000
201039$225,000$115,000$363,600
200944$211,000$109,000$400,000
200836$210,500$113,000$352,500
200760$195,000$75,000$387,500
200664$187,500$50,000$353,000
200546$170,250$33,735$330,000
200436$160,000$75,000$300,000
20031$110,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 360,840 SQ FT14
Drawn from PLUTO: 14 storeys, 1,076,000 sq ft of building on 360,840 sq ft of lot, an average floor plate covering 21% of it. PLUTO records 7 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (2.98) and the residential floor area ratio of the zoning district (3.44). It is a diagram of recorded figures, not a picture of the building.
Lot area
360,840 sq ft
Building area
1,076,000 sq ft
Residential area
1,000,000 sq ft
Commercial area
76,000 sq ft
Office area
6,000 sq ft
Retail area
-
Buildings on the lot
7
Built floor area ratio
2.98
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$12,178,350
Assessed total value
$49,778,100
Exempt value
$2,419,441
Assessed per residential unit
$45,501

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
D4ELEVATOR COOPERATIVE
Neighbourhood
Rego Park
ZIP code
11374
Community district
Queens 6
Council district
24
Coordinates
40.732269, -73.859883
05

Other buildings in Rego Park

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
61-25 98 STREETD44921960338$309k
61-15 97 STREETD44451960391$310k
61-15 98 STREETD44201960495$319k
62-60 99 STREETD741919603-
61-01 JUNCTION BOULEVARDRM31220080-
63 ROADD626020220-
62-54 97 PLACERM2061988178$558k
63-89 SAUNDERS STREETD41781942141$299k
63-85 WOODHAVEN BOULEVARDR41641952199$406k
64-20 SAUNDERS STREETD115119501-
65-50 WETHEROLE STREETR41461963123$489k
63-33 98 PLACED41441948165$338k

Every building on file in Rego Park