NOT LISTED FOR SALE

Estimated Value: $441,308 - $538,000

2 Beds
1 Bath
700 Sq Ft
$604/mo HOA Fee

Last Sold October 05, 2023

Last sale price $400,000 $571 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,614/month

46 Days on Market

Highlights

  • City View
  • Balcony
  • Garage
  • P.S. 120 - Queens Rated A-
  • Eat-In Kitchen
  • Laundry Facilities

About This Home

As of October 2023

Welcome to Flushing's Newest Condo Conversion! This modern, recently gut-renovated two bedroom, one bath apartment features new oak hardwood floors, a spacious living room, and an eat-in galley kitchen with Quartz counter tops, glass-tiled back splash and stainless-steel appliances which include a microwave, stove, dishwasher and refrigerator. This home also has a welcoming foyer, sparkling new bathroom, recessed lighting, California-style closets and completely rewired electrics.

To view a 3-D walk-thru of the unit, click the VIDEO or VIRTUAL TOUR link above or go to: https://bit.ly/43BpZlT.

The Summit at Infinity 8 is a recent condo conversion that combines the best of Manhattan luxury with the aesthetics that make Flushing home. This building will have renovations including; Package Concierge System, refreshed lobby and hallways, modernized elevator, storage lockers (available for purchase) and parking (available for a monthly fee). Additional amenities include a laundry room and on-site super. 132-40 Sanford Avenue is in Downtown Flushing and has easy access to transportation and is close to Flushing Meadows Park.

The complete terms are in an offering plan available from the Sponsor, File # CD-18-0122 Sponsor: 132-40 Sanford LLC.1 Penn Plaza, Suite 4000 NY, NY 10019.

Last Agent to Sell the Property

William Tabler

Keller Williams NYC License #10301217811 Listed on: 06/14/2023

Keller Williams NYC

Co-Listed By

Sandy Edry

Keller Williams NYC License #40ED1106049

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,264

Year Built

  • 1962

Lot Details

  • 0.5

HOA Fees

  • $604 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 700 Sq Ft Home
  • City Views

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Balcony
  • Window Unit Cooling System

Listing and Financial Details

  • Tax Block 5101

Community Details

Overview

  • Flushing Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,264

Year Built

1962

Lot Details

0

HOA Fees

$604 per month

Listing Details

  • Cross Street: College Point Boulevard and Frame Place
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flushing
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built (Public Record): 1962

Interior Features

  • Interior Features: Eat-in Kitchen
  • Appliances: Dishwasher
  • Living Area: 700.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 604.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No

Tax Info

  • Tax Block: 5101
  • Tax Annual: 3264.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Oct 5, 2023
Sold by
132-40 Sanford Llc
Bought by
Chen Jun Qiang and Zhou Leon
Seller's Agent
William Tabler
Keller Williams NYC
List Price
$467,000
Sold Price
$400,000
Premium/Discount to List
-$67,000
-14.35%
Total Days on Market
46
Views
111
Current Estimated Value
$481,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,077
Avg. Annual Appreciation
11.54%
Original Mortgage
$300,000
Outstanding Balance
$295,452
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$185,625
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chen Jun Qiang $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jun Qiang $300,000
Previous Owner Israel Discount Bank Of New York $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 Sold $400,000 -14.3% $571 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $467,000 -- $667 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,843 $30,740 $3,144 $27,596
2023 $3,788 $30,303 $3,144 $27,159
2022 $3,580 $31,028 $3,144 $27,884
2021 $3,414 $29,459 $3,144 $26,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10897460

Real Estate Board of New York (REBNY)

APN: 05101-1402