--- title: "62-54 97th Place #9M, New York City, NY 11374" description: "62-54 97th Place #9M, New York City, NY 11374 — Rego Park, New York City, NY. Listing Price $395,000. Studio bed, 1 bath, 550 sqft Illustrative Buyer Commission Share of $5,925 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11374/62-54-97th-place-9m-ny-11374" source: "Real Estate Rebate Team" dateModified: "2026-09-21T18:44:15.064Z" status: "Active" --- # 62-54 97th Place #9M, New York City, NY 11374 Rego Park, New York City, NY Courtesy of Argo Residential Last updated: September 21, 2026, 2:44 PM ## At a Glance - **Listing Price**: $395,000 - **Beds**: Studio - **Baths**: 1 - **Sqft**: 550 - **Common Charges**: $446 / mo - **Price per Sqft**: $718 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $395,000 - **Illustrative Buyer Commission Share**: -$5,925* - **Illustrative Net Cost**: $389,075 *Illustrative Buyer Savings of $5,925 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![62-54 97th Place #9M, New York City, NY 11374 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4ed4512c-54ce-440e-ae1f-d87561c5e8f1.jpg) ![62-54 97th Place #9M, New York City, NY 11374 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3199f531-55ec-433b-95fc-6538bbbeece6.jpg) ![62-54 97th Place #9M, New York City, NY 11374 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3d427f17-db8f-49c1-89fb-c33cd439d3be.jpg) ![62-54 97th Place #9M, New York City, NY 11374 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/90bbf119-6bc7-4e34-8c5c-ba4ff384fa8a.jpg) ![62-54 97th Place #9M, New York City, NY 11374 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/288b8302-22c7-40f8-bce1-9460aa978be7.jpg) ![62-54 97th Place #9M, New York City, NY 11374 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/13e68c5b-6e44-457d-819f-0d77fcfc0700.jpg) ![62-54 97th Place #9M, New York City, NY 11374 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/01570063-7e6f-4375-b479-657bead084e7.jpg) ![62-54 97th Place #9M, New York City, NY 11374 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f89c5c2d-2b06-4b5d-be23-a49b62130c2a.jpg) ![62-54 97th Place #9M, New York City, NY 11374 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/faceb76e-cdec-453d-b3ad-10720405ac7b.jpg) ![62-54 97th Place #9M, New York City, NY 11374 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/accc3ec5-30f9-4652-96c7-06ff230fcb65.jpg) ## Property Overview Welcome to the Summit Condo a luxury full service doorman building in a gated community situated in the heart of Rego Park. Apt. 9M (ninth floor) is artistically designed by famous (at least we think so) resident in The Summit Condo. Transformed into a fabulous and spacious studio, specifically designed for storage and incredible utilization of closet and drawer space (you will forever be organized). Open modern custom kitchen with stainless steel appliances (dishwasher), granite counter tops and ceramic tile floor. Gorgeous wood floors throughout (1987 construction - concrete slab (quiet). Huge windows facing East (warm morning light). Washer and dryer in the apt. Needs repeating plenty of customized closet space and storage (please take a look at the amazing photos). Modern bath. Low common charge and taxes. Live in super with amazing staff. Garage spaces possibly available for rent. Gym included in the common charges. Near Costco and shopping and plenty of entertainment. Subway nearby including LIRR and express trains. ## Property Details - **Property Type**: Condominium - **Baths**: 1 - **Rooms**: 2 - **Sqft**: 550 sqft - **Stories**: 17 - **Year Built**: 1988 - **Price per Sqft**: $718 - **Common Charges**: $446 / Monthly - **Listed On**: Sep 21, 2026 - **Days on Market**: 1 Days ### Residence Features - Central Air - Building Other - Washer Hookup - Dishwasher - City ## Estimated Monthly Payment **$2,443 / month**, assuming a 20% down payment ($79,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $1,997 - **Common Charges**: $446 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 4 apartments at The Summit have recorded sales since September 2021, the most recent for $635,000 in April 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 9J (Apartment) | 2 | — | $635,000 | — | April 24, 2025 | City record · MLS | | 16G (Apartment) | 1 | 680 | $566,000 | $832/ft² | February 23, 2024 | City record · MLS | | 7G (Apartment) | 1 | — | $545,000 | — | April 14, 2022 | City record · MLS | | 3G (Apartment) | 1 | — | $550,000 | — | January 21, 2022 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $395,000 - **Median sold price**: $422,363 - **Difference**: -$27,363 (-6.5%) - **This home, $/ft²**: $718 - **Median $/ft²**: $793 - **Comparable sales**: 6 - **Sales from**: May 2025 – February 2026 - **Middle half of those sales**: $414,182 – $433,750 Based on condo studio sales in Rego Park. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Rego Park instead. ### How these sales were negotiated - **Sale-to-list price**: 99.6% (6 sales) - **Sold below asking**: 50% (6 sales) - **Typical time to find a buyer**: 58 days (6 sales) - **Typical time to close**: 100 days (6 sales) Based on condo studio sales in Rego Park with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Sales data through February 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at The Summit](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/the-summit) ## Price and Property History for 62-54 97TH Place, Unit 9M Review the recorded listing activity for 62-54 97TH Place, Unit 9M, including asking-price changes and prior market dates. | Date | Price | Listing event | | --- | --- | --- | | September 21, 2026 | $395,000 | Listed for sale by Argo Residential | | June 18, 2026 | $425,000 | Listed for sale by Argo Residential | ## Property Tax History Taxes at 62-54 97th Place #9M were $2,818 in 2026, up 5.3% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $23,982 | $5,127 | $18,855 | $22,545 | $2,818 | 12.5% (estimated) | | 2025 (FY 2025/26) | $23,484 | $5,127 | $18,357 | $21,410 | $2,676 | 12.5% (estimated) | | 2024 (FY 2024/25) | $23,146 | $5,127 | $18,019 | $21,041 | $2,630 | 12.5% | | 2023 (FY 2023/24) | $21,216 | $5,127 | $16,089 | $20,529 | $2,567 | 12.502% | | 2022 (FY 2022/23) | $20,904 | $5,127 | $15,777 | $20,034 | $2,458 | 12.267% | | 2021 (FY 2021/22) | $18,304 | $5,127 | $13,177 | $18,304 | $2,239 | 12.235% | | 2020 (FY 2020/21) | $21,640 | $5,127 | $16,513 | $18,964 | $2,326 | 12.267% | | 2019 (FY 2019/20) | $20,585 | $5,127 | $15,458 | $17,915 | $2,235 | 12.473% | | 2018 (FY 2018/19) | $18,740 | $5,127 | $13,613 | $16,482 | $2,079 | 12.612% | | 2017 (FY 2017/18) | $16,913 | $5,127 | $11,786 | $15,271 | $1,942 | 12.719% | | 2016 (FY 2016/17) | $16,943 | $5,126 | $11,817 | $14,391 | $1,855 | 12.892% | | 2015 (FY 2015/16) | $16,410 | $5,127 | $11,283 | $13,276 | $1,710 | 12.883% | | 2014 (FY 2014/15) | $13,423 | $5,127 | $8,296 | $12,057 | $1,550 | 12.855% | | 2013 (FY 2013/14) | $12,678 | $5,127 | $7,551 | $11,579 | $1,522 | 13.145% | | 2012 (FY 2012/13) | $12,513 | $5,127 | $7,386 | $11,203 | $1,477 | 13.181% | | 2011 (FY 2011/12) | $11,362 | $5,127 | $6,235 | $13,286 | $1,785 | 13.433% | | 2010 (FY 2010/11) | $10,328 | $5,127 | $5,201 | $15,328 | $2,047 | 13.353% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 4020821268. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### The Summit Rego Park · Condominium 62-54 97th Place, Rego Park, NY 11374 A building in Rego Park, currently featuring 3 active listings. - **Year Built**: 1988 - **Active Units**: 3 - **Floors**: 17 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/the-summit) ### Available Residences — For Sale (3) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [9M](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11374/62-54-97th-place-9m-ny-11374) | Studio | 1 | 550 sqft | $718 | $395,000 | Argo Residential | Sep 21, 2026 | 1 days | | [11A](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11374/62-54-97th-place-11a-ny-11374) | 2 | 1 | 936 sqft | $812 | $760,000 | Brown Harris Stevens Queens LLC | Jul 22, 2026 | 62 days | | [2BC](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11374/62-40-97th-place-2bc-ny-11374) | 8 | 1 | 2,200 sqft | $409 | $900,000 | ALTA Real Estate | Sep 8, 2026 | 14 days | ## Rego Park Overview of Rego Park [Explore Rego Park](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/rego-park) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Rego Park - [Forest Hills real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/forest-hills) - [Corona real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/corona) - [Middle Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/middle-village) - [Elmhurst real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/elmhurst) - [Flushing Meadows Corona Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/flushing-meadows-corona-park) - [Glendale real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/glendale) ## Related Links - [The Summit — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/the-summit) - [Rego Park neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/rego-park) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > 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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.