Deepdale Gardens Important Facts

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, substantial coverage on how people effectively govern and manage their associations and successfully contend with the complex issues of co-op & condo living.

Monthly Maintenance Fee & Maximum Occupants - as of June 2025

Note: Maintenance includes gas, electricity, heat, water, taxes & security.

Electric Surcharges - as of June 2025

Large Air Conditioner: $29.00

Small Air Conditioneer: $26.00

Washing Machine: $23.00

Dryer (electric): $37.00

Dryer (gas): $20.75

Dishwasher: $23.00

Jet Tub / Jacuzzi: $22.63

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 completed application is received by management office)

• Cash Purchase: approximately 6-8 weeks
• Financed Purchased: 8-10 weeks

* Please refer to the Deepdale Gardens Corporation for an updated policy onboard acceptance, pet policy, sublet policy, renovation policy, parking policy, and house rules.