98-22 63RD Drive #7B, New York City, NY 11374
Listing Courtesy of Corcoran Group
$599,000
Potential Rebate: $8,985
Overview
Welcome to Walden Terrace, one of Rego Park's most desirable and well-managed post-war co-op communities. Set on the 7th floor of an 8-story elevator building, Residence 7B offers bright, open views, excellent natural light, and a flexible layout ideal for entertaining with a private terrace. <br> <br> Bring your contractors and create your dream home! <br> <br> The drop down living room is incredibly spacious, with a fully separate space for dining. Oversized windows bring in abundant sunlight throughout the day, while the higher-floor vantage point ensures quiet, peaceful living above the neighborhood bustle. The kitchen provides generous cabinetry and functional workspace. FLEX 2 bed, 2 bath. The terrace is its own incredible sanctuary. <br> <br> Walden Terrace is known for its exceptional management and strong community amenities, including:<br> <br> <ul> <li> Elevators</li> <li> On-site laundry rooms</li> <li> Garage parking (waitlist)</li> <li> Private playground & courtyard areas</li> <li> Storage units (subject to availability)</li> <li> Live-in superintendent and full support staff</li> <li>MAINTENCE INCLUDES: Gas, electric, heat, and maintenance amount</li> <li>Subletting after 2 years of occupancy with board approval</li> <li>Pet Friendly </li> </ul> <br> Ideally located near the heart of Rego Park, residents are moments from 63rd Drive shopping, Trader Joe's, Rego Center, dining, cafes, local markets, and major retailers. Commuting is simple with close proximity to the M and R subway lines, multiple bus routes, and easy access to the LIE.<br> <br> Whether you're a first-time buyer, downsizer, or seeking a comfortable, well-situated home in a thriving Queens neighborhood, 7B at Walden Terrace offers exceptional value and convenience.<br> <br> Showings by appointment.<br> <br> <br> <ul> <li>Special Assessment $201.16</li> </ul>
Home Features
- •Window Unit(s)
- •Private Outdoor Space Over 60 Sqft
- •City Lights
- •City
Estimated Monthly Payment
$4,185 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$8,985
Monthly savings impact
$25/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Similar Homes
62-54 97TH Place #4G, New York City, NY 11374
Listing Courtesy of Argo Residential
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20061120
Price Analysis
Compare average listing prices and value metrics for Walden Terrace against the surrounding Rego Park market.
Average List Price
Price Per SqFt
14.66% Lower
than the Rego Park price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Rego Park
Overview of Rego Park
Rego Park is the practical neighbor to Forest Hills. Named after the "Real Good Construction Company," it is a neighborhood of large apartment buildings and shopping malls. For buyers seeking Rego Park Queens real estate, it offers space and convenience at a discount.
Living in Rego Park is convenient. You have Queens Center Mall and Costco right there. As a Queens NYC neighborhood, it is a shopping hub.
Real Estate & Housing Market
The market for homes for sale in Rego Park is dominated by large post-war co-ops and new luxury condos.
It is significantly cheaper than Forest Hills but shares the same subway line.
Lifestyle & Community
The lifestyle in Rego Park is retail-focused. It's a busy commercial area.
The community has a large Bukharian Jewish and Russian population.
Transportation & Accessibility
Rego Park is served by the M and R trains (local). You can switch to the express at Forest Hills or Roosevelt.
Parks, Schools & Amenities
Flushing Meadows Corona Park is nearby.
Amenities: Queens Center Mall, Rego Center (IKEA, Costco).
Who This Neighborhood Is Best For
Rego Park is best for shoppers, value seekers, and those who want big apartments.
