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97-40 62 Drive

5,448Records
22City systems
46Open violations
4.3Penalty rate
Queens · ZIP 11374 · Neighborhood: Rego Park
Open in the map

5,448 recorded events, 1900–2026, from 22 city data systems. The city's paper trail here is mostly 1,745 311 service requests, 1,381 ACRIS deeds & mortgages, 562 HPD complaints.

BoroughQueens 11374
Built1955
Floors14
Res. units1094
ClassD4
Owner (PLUTO)PARK CITY 3 & 4 APTS INC
BBL4020860050
BIN4431951, 4431952, 4431953, 4431954, 4431955, 4431956, 4440231

Full record, year by year   Support this site

GRADE A

The city's published records show little recorded distress here in the last three years. More recorded distress than 53% of 100+-unit residential buildings citywide. The citywide median for 100+-unit residential buildings is 3.7 penalty points per 10 units; this building carries 4.3. In ZIP 11374, 89% of residential buildings hold an A and 2% grade D or F. How grades work

this building
A
B
C

Among 4,677 100+-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations46 total — 10 class C (immediately hazardous), 20 class B, 16 class A. Oldest open since 1998-02-26.

status snapshot refreshed weekly from HPD records

Patterns

102 heat or hot-water complaints in the last three years (winter 2023–24: 40 · winter 2024–25: 22 · winter 2025–26: 40). Repeated winter clusters suggest a chronic heating problem.

40
’23–24
22
’24–25
40
’25–26

8 bedbug-infested unit(s) reported in filings over the last three years.

$2,500 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

496 service requests in the last three years. Most common: Illegal Parking (112) · Noise (90) · HEAT/HOT WATER (51) · Blocked Driveway (38) · Curb Condition (25) · UNSANITARY CONDITION (23).

Filed construction activity

$1,966,976 in permitted construction work filed since 2016 (38 filings with a declared cost) — a rough measure of how actively the owner maintains the building. Permit costs cover filed construction work only — they do not capture routine maintenance or repairs done without a permit.

Rent-stabilization signals

YesBuilt before 1974 (1955)
YesSix or more residential units (1094)
No421-a / J-51 tax benefit on the current tax roll

2 of 3 signals present. This is the classic profile of a rent-stabilized building (pre-1974, 6+ units) — many units in such buildings remain stabilized. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).

Registered with HPD — the names behind the building

Registered owner(s)Park City 3 & 4 Apartments, Inc.
Head officerDavid Javidan
Managing agentAKAM ASSOCIATES, INC.
Last registered2025-08-27

as filed by the owner in the building's HPD registration

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$95,185,000 $42,833,250
2026$96,532,000 $43,439,400
2027$110,618,000 $49,778,100

The city's market estimate has risen 16% between tax years 2025 and 2027.

Tax exemptions on the roll: COLD WAR VETERAN - DISABILITY · DISABLED HOMEOWNER · SENIOR CITIZEN HOMEOWNER

For property tax, the Department of Finance values this co-op as if it were a rental building. Its 2022 estimate: gross income $24,199,240 a year ($22.49 per sq ft), operating expenses $12,686,040 ($11.79 per sq ft), net operating income $11,513,200. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.

Building systems

Energy grade (LL33)D — ENERGY STAR score 51/100, posted at the entrance by law (2022 disclosure cycle)
Heating fuelNO2FUEL
Facade (Local Law 11)SAFE (cycle 9)

Flood exposure

Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).

Hurricane evacuation zone 6 of 6 — zone 1 evacuates first.

Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.

6 street-flooding or sewer-backup complaints at this address since 2011 (1 in the last three years).

Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps (cloudburst), NYC hurricane evacuation zones, and 311 records for this address.

Getting around

Subway63 Dr-Rego Park — M R · 900 ft straight-line (about a 4-minute walk) · station accessibility: none
BusNearest boarding stop: 97 St / 62 Dr — Q72 · 500 ft
Citi Bike62 Dr & 97 Pl · 300 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 206 The Horace Harding School
Middle: J.H.S. 157 Stephen A. Halsey. Confirm with the DOE's school search.

Distances are straight-line, not walking routes. Transit locations from the MTA and Citi Bike, bike facilities from NYC DOT, school zones from the DOE's 2024–25 maps.

Report a problem to 311

97-40 62 Drive

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Anything elseAnything else

496 311 service requests from this address in the last three years — 51 of them about heat or hot water.

311 will ask for the address, the apartment if the problem is inside, and what's wrong. Contact details are optional for most complaints; food-poisoning reports can be anonymous. Complaints appear in the city's public 311 data, usually within a day or two, and then in the Live from 311 box on this page.

The landlord's report card

Managed by AKAM ASSOCIATES, INC. — 372 buildings, 55,744 units. Grades across the portfolio: A328 · B33 · C5. See the whole portfolio

BuildingBoroughUnitsGrade
269 Grand Central Pkwy QN1844 A
333 East 30 Street MN1117 A
97-40 62 Drive QN1094 A
175 Adams Street BK1022 A
23-15 44th Drive QN802 A
1655 Flatbush Avenue BK634 B
345 West 58 Street MN586 A
73-50 Bell Boulevard QN583 B
340 West 57 Street MN576 A
460 Neptune Avenue BK572 A
440 Neptune Avenue BK572 A
213-06 75 Avenue QN567 B
140 West End Avenue MN561 A
205 West End Avenue MN543 A
2915 West 5 Street BK528 A
530 Grand Street MN525 A
4-74 48 Avenue QN522 A
15 West 72 Street MN493 A
61-25 98 Street QN492 A
6 West 16 Street MN481 A
312 East 42 Street MN459 A
150 West End Avenue MN454 A
180 West End Avenue MN452 A
76179 7 Avenue MN445 A
25 Tudor City Place MN443 A
99 John Street MN438 A
5700 Arlington Avenue BX437 A
5900 Arlington Avenue BX437 A
5800 Arlington Avenue BX435 A
5 East 22 Street MN423 A
61-15 98 Street QN420 B
185 Park Row MN420 A
392 Central Park West MN413 A
400 Central Park West MN413 A
25-40 Shore Boulevard QN409 A
15 Broad Street MN382 A
270 Greenwich Street MN381 A
301 East 40 Street MN359 A
22 North 6 Street BK359 A
2373 Broadway MN354 A
2681 Broadway MN345 B
160 West 66 Street MN343 A
225 Central Park West MN338 A
20 University Place MN323 A
87-10 204 Street QN296 A
301 West 57 Street MN295 A
415 East 52 Street MN287 A
200 East 27 Street MN280 B
120 Riverside Boulevard MN276 A
210-11 75 Avenue QN270 B
75-05 210 Street QN270 B
10 Park Avenue MN268 A
267 3 Avenue MN264 A
560 3 Avenue MN263 A
211 East 46 Street MN261 A
347 West 57 Street MN261 A
500 Grand Street MN258 A
101 Willoughby Street BK250 A
321 5 Avenue MN250 A
130 Lenox Avenue MN240 B

showing 60 of 372 buildings

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $30,000,000 on 2022-07-08 (lender: National Consumer Cooperative Bank). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2026-09-08RPTT&RET $430,000 — from CHEUNG, WING; MAI, JIANHANG to DAVOUDIAN, JOSEPH $430,000
2026-08-27Sold for $430,000 $430,000 $393
2026-08-21RPTT&RET $575,000 — from PARK CITY 3 AND 4 APARTMENTS, INC. to NAZGINOVA, IRINA $575,000
2026-08-21RPTT&RET $410,000 — from SCHWARTZ MEYER, IRIS S; MEYER, MARTIN S to FENG, AMANDA; LIN, JUSTIN JIAN $410,000
2026-08-21RPTT&RET $450,000 — from PARK CITY 3 AND 4 APARTMENTS, INC. to NAZGINOVA, IRINA $450,000
2026-08-04Sold for $575,000 $575,000 $526
2026-08-04Sold for $450,000 $450,000 $411
2026-07-28Sold for $410,000 $410,000 $375
2026-06-30RPTT&RET $315,000 — from YANG, JIAN DONG; YANG, YUN YANG to BALABAN, IRENA $315,000
2026-06-26RPTT&RET $217,000 — from YUSUPOV, ILIZAR to HOMA, IRENE DEE $217,000
2026-06-23RPTT&RET $420,000 — from LEE, YOUN-SOO to QUITIAN, ADRIANA $420,000
2026-06-22Sold for $217,000 $217,000 $198
2026-06-18Sold for $315,000 $315,000 $288
2026-06-17RPTT&RET $420,000 — from LAYLIEV FAMILY TRUST to BORUKHOV, PETER $420,000
2026-06-04Sold for $420,000 $420,000 $384

Ten-year activity

5002500
2017
2018
2019
2020
2021
2022
2023
433
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
20175341451139306
2018815128777235
201915339410513260
2020407123668244
202191317111715325
20220231821456356
20230112598312365
202461029111313433
20251613196809314
202654231564300
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The full timeline

Construction 365Enforcement 481Housing & tenants 2,580Ownership & money 1,900Health & systems 122

Every one of the 5,448 recorded events, 1900–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 11374 · Landlord rankings · How grades work · The map · The Mice Map