Deepdale Gardens co-op, located in Little Neck, NY was built in the early 1950’s as the largest Federally sponsored housing for World War II veterans.
This lovely community is on over 60 acres between Little Neck & Marathon Parkways from part of 57th Ave to 63rd Ave.
There are 69 two-story red brick buildings housing 1,396 garden-style apartments with beautiful professional landscaping and peaceful tree-lined streets.
There are 4 onsite laundry facilities and 512 rentable garages.
In 1994, Deepdale Gardens Corp. paid off its mortgage resulting in tremendous savings for its shareholders.
Great article in a Co-op / Condo industry publication “Habitat Magazine.”
Habitat provides credible, objective, and substantial coverage of how people effectively govern and manage their associations and successfully address the complex issues of co-op & condo living.
Monthly Maintenance Fee & Maximum Occupants – as of June 2025
| Rooms | Number of Units | Maximum # of Occupants | Base Maintenance |
| 3.5 Rooms | 424 | 3 Persons | $855.87 |
| 4.5 Rooms | 100 | 4 Persons | $1,032.79 |
| 5 Rooms – Version A | 608 | 5 Persons | $1,054.79 |
| 5 Rooms – Version B | 94 | 5 Persons | $1,054.79 |
| 5 Rooms – Version C | 74 | 4 Persons | $1,054.79 |
| 5.5 Rooms | 96 | 5 Persons | $1,176.91 |
Note: Maintenance includes gas, electricity, heat, water, taxes & security.
Electric Surcharges – as of June 2025
| Appliance | Monthly Surcharge |
| Large Air Conditioner | $29.00 |
| Small Air Conditioner | $26.00 |
| Washing Machine | $23.00 |
| Dryer (electric) | $37.00 |
| Dryer (gas) | $20.75 |
| Dishwasher | $23.00 |
| Jet Tub / Jacuzzi | $2263 |
| Site Garage | $60.10 |
| Under House Garage | $72.30 |
| Ductless A/C | $25.25 |
| Add’l Head | $12.50 |
Flip Tax: $0
Income Requirements
If Cash:
3.5 Rooms …… $38,400
4.5 Rooms …… $54,000
5 Rooms – Version A ….. $61,200
5 Rooms – Version B ….. $61,200
5 Rooms – Version C ….. $61,200
5.5 Rooms ….. $68,400
If Mortgage:
- You must have at least a 20% down payment
- would be required to have an additional income of 20% of the mortgaged amount
ie. 5 ROOM Sample Selling Price of $375,000 x 80% = $300,000 (Maximum Amount to be Financed) x 20% (Additional Income Requirement) = $60,000 + Above Cash-Based Income (5 rooms $61,200) = Annual Income Requirement of $121,200.
Non-Residing Owners Prohibited
Subletting Prohibited
Pet Policy
- No Dogs permitted
- Cats allowed
Parking Policy
- Up to two (2) parking stickers will be issued per apartment unit
- There is no monthly fee for outdoor spots
- There is a waitlist for garage spots
Co-op Fees
Seller Fees
- Administrative Charge: $1,000
- Co-op Attorney Fee: $850
Purchaser(s) Fees
- If Financing – Co-op Attorney Fee: $450
Application Fee
- Single Individual: $350
- Married Couple (one-income): $450
- Married Couple (two-income): $550
- Two Individuals (two last names): $700
NOTE: Anticipated application processing time (once the completed application is received by the management office)
- Cash Purchase: approximately 6-8 weeks
- Financed Purchased: 8-10 weeks
*** Fees, policies, and requirements are subject to change without notice. All parties are advised to independently verify the most current information by consulting the official Deepdale Gardens documentation available at https://www.deepdalegardenscorporations.com.