The listing facts are current enough for an initial property review.
98-50 63rd Dr Unit 5F
Listing Notes
Refined Space, Natural Light, and Effortless Rego Park Living Perched on the 7th floor of Walden Terrace, this fully renovated one-bedroom residence offers a rare combination of openness, functionality, and everyday comfort across 728 square feet in one of Rego Park's most established buildings. As you enter, a welcoming foyer creates a natural transition into the home, offering space for a dining area. The sunken living room is filled with natural light from oversized windows, which face the rear of the building and overlook the landscaped yard, creating a quiet and peaceful atmosphere away from street noise, while highlighting the rich hardwood parquet floors. The layout feels both open and defined, giving you flexibility without sacrificing structure. The separate, windowed kitchen is thoughtfully positioned for privacy and features full-sized appliances and generous cabinet storage, making daily routines feel organized and efficient. The bedroom comfortably accommodates a king-size bed along with additional furniture, while multiple closets throughout the home provide the storage space that is often hard to find. The renovated bathroom is finished in warm, neutral tones and includes a full soaking tub. Maintenance includes utilities. Subletting is permitted after two years and pets are allowed with approval. Walden Terrace is a well-maintained building with a live-in superintendent, on-site laundry, garage parking, bike and storage rooms, and a private playground set within landscaped grounds. Located moments from Queens Boulevard, the M and R trains, and Rego Center, you are positioned for a smooth commute into Manhattan while enjoying immediate access to shopping, dining, and daily essentials. This is a home that delivers comfort, structure, and long-term value in a location that continues to attract strong demand.
Market Insights
$428/sqft vs a nearby median of $378/sqft.
- +13% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 700 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 14.7% above where comps + adjustments land — there is room to negotiate.
- Days-on-market gravity−$8k −3.0%
- Transit access+$7k +2.5%
- Mid-century building era−$4k −1.5%
- Visible condition issues−$4k −1.5%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 293 days
- Last price change
- No change recorded
- Listed
- Jul 23, 2025
- Photos
- 13 photos
- Property type
- coop
- Status
- for sale