See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

97-40 62nd Dr #11, Rego Park, NY, 11374

0beds
1baths
500sqft
$219,000
$438price/sqft
$1,531/moest. monthly cost
$61,240/yrincome needed

About This Home

Sunny Studio with Private Terrace + Full-Service Amenities Welcome to this bright and spacious studio apartment featuring a south-facing private terrace with serene garden views—perfect for relaxing or entertaining. Prime central location just steps from major department stores, shopping, dining, and everyday conveniences. Easy commute with quick access to the MTA, subway lines, and express buses. Building Amenities Include: Attended lobby / security On-site laundry facility Beautiful private gardens Seasonal swimming pool Indoor parking (waitlist) Pet-friendly – small pets welcome! This is a fantastic opportunity to enjoy comfort, convenience, and great outdoor space all in one.

Getting Around

92
WalkingWalker's Paradise
0
TransitVery Limited Transit
78
BikeVery Bikeable

Schools

9/10
Jhs 157 Stephen A HalseyGrades 6-80.4 mi
5/10
Forest Hills High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1955

Type & Style

  • Home type: Cooperative
  • Property subType: Coop

Interior

Appliances

  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 500
  • Total interior livable area: 500 sqft

Property

Accessibility

  • Accessibility features: Wheelchair Access

Details

  • Special condition: Resale

Features

  • Pool features: Swimming Pool
  • Patio & porch: Other
  • Exterior features: Balcony,Garden
  • Has view: Yes
  • View description: Garden

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Queens County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,107$13,284
Home Insurance *$42$504
Property Taxes $136$1,632
Electricity $246$2,954
Total$1,531$18,372
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$52,491/yr
40% on housing$45,930/yr
45% on housing$40,826/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.5%
2.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$438This listing

vs Other Active Listings

Avg $/sqft

ZIP 11374$457
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11374$705
Queens County$600

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-24Listed for sale$219,000

For Sale by Agent

AgentMiriam Ruiz
BrokerageMJR Real Estate

Similar Homes