98-51 64TH Avenue #4J, New York City, NY 11374
Listing Courtesy of Corcoran Group
$189,000
Potential Rebate: $2,835
Overview
<strong>Spacious Alcove Studio with All-Inclusive Utilities & Unlimited Potential<br> </strong><br> Welcome to Unit 4J at 98-51 64th Avenue, a generously proportioned alcove studio offering nearly 500 square feet of living space in the heart of Rego Park. Located in a well-maintained, post-war elevator building, this unit presents a rare opportunity for buyers looking to customize their dream home or for savvy investors seeking a flexible sublease policy.<br> <br> <strong>The Space</strong> -The apartment features a spacious and airy layout with large windows that bathe the living area in natural light. The alcove design allows for a seamless separation between your sleeping and living quarters, comfortably accommodating a full bedroom set and an entertainment setup. Both the kitchen and bathroom are ready for a full refresh-offering a true "blank canvas" to design a space that reflects your personal style.<br> <br> <strong>Unbeatable Value</strong> - One of the standout features of this home is the all-inclusive maintenance. Your monthly fee covers <strong>all utilities</strong>: heat, hot water, cooking gas, and electricity (with a nominal $30 monthly AC charge).<br> <br> <strong>Building & Lifestyle</strong> Residents enjoy an intercom, elevator access, and a clean, updated on-site laundry room. For those thinking long-term, the building offers a highly favorable <br> <strong><br> sublease policy</strong>: owners may sublet indefinitely after just two years of residency (subject to board approval).<br> <br> <strong>The Neighborhood</strong> Perfectly situated in vibrant Rego Park, you are just moments away from the M and R subway lines for a quick commute into Manhattan. Enjoy the convenience of the Rego Center-featuring a variety of high-end retail and everyday essentials-along with local parks and a diverse array of dining options right at your doorstep.<br> <br> Schedule your private tour today to envision the possibilities of Unit 4J!<br>
Home Features
- •Private Outdoor Space Over 60 Sqft
- •City
Estimated Monthly Payment
$1,489 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$2,835
Monthly savings impact
$8/mo
Effective Purchase Price
$186,165
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
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 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.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20065251
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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 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.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20065251
Price Analysis
Compare average listing prices and value metrics for 98-51 64TH Avenue against the surrounding Rego Park market.
Average List Price
Price Per SqFt
29.61% 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.
