NOT LISTED FOR SALE

Estimated Value: $654,000 - $768,000

2 Beds
2 Baths
1,045 Sq Ft
$720/mo HOA Fee

Last Sold November 24, 2021

Last sale price $660,000 $632 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,898/month

29 Days on Market

Highlights

  • Pre War Building
  • Garage
  • Laundry Facilities
  • P.S. 120 - Queens Rated A-

About This Home

As of November 2021

Welcome to Flushing's newest condo conversion! This modern, gut-renovated two bedroom, two bath apartment features a spacious living room and a kitchen with Quartz countertops, beautiful glass-tiled backsplash and stainless steel appliances including a dishwasher. This home also has hardwood floors throughout, a sparkling new bathroom, California-style closets and completely rewired electrics.

The Infinity 8 on Cherry Condominium is a brand new condo conversion that combines the best of Manhattan luxury with the aesthetics that make Flushing home. This building will have renovations including; 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 live-in super. Located at the corner of Main Street and Cherry Avenue. The bus station is right across the street. LIRR and the 7 train Flushing Station are just 2 bus stops away or within a couple of blocks.

The complete terms are in an offering plan available from the Sponsor, File #CD18-0354 Sponsor: Cherry Associates LLC 1 Penn Plaza, Suite 4000 NY, NY 10019.

Note: Photos reflect a similar unit.

Last Agent to Sell the Property

William Tabler

Keller Williams NYC License #10301217811 Listed on: 01/13/2021

Keller Williams NYC

Co-Listed By

Sandy Edry

Keller Williams NYC License #40ED1106049

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,880

Lot Details

  • 0.48

HOA Fees

  • $720 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,045 Sq Ft Home
  • Pre War Building
  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System

Listing and Financial Details

  • Tax Block 5140

Community Details

Overview

  • Flushing Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,880

Lot Details

0

HOA Fees

$720 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flushing
  • Architectural Style: Prewar
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Living Area: 1045.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 720.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No

Tax Info

  • Tax Block: 5140
  • Tax Annual: 5880.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Dec 10, 2021
Sold by
Cherry Associates Llc
Bought by
Wong Chi Ming and Wong Cindy
Seller's Agent
William Tabler
Keller Williams NYC
List Price
$660,000
Sold Price
$660,000
Current Estimated Value
$693,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,194
Avg. Annual Appreciation
1.27%
Original Mortgage
$467,940
Outstanding Balance
$430,440
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$262,754
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Wong Chi Ming $660,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Chi Ming $467,940
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $660,000 -- --
11/24/2021 11/24/21 Sold $660,000 0.0% $632 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $660,000 -- $632 / 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
2025 $6,158 $48,893 $10,187 $38,706
2024 $6,159 $49,260 $10,187 $39,073
2023 $6,134 $49,066 $10,186 $38,880
2022 $5,884 $48,093 $10,187 $37,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10905017

Real Estate Board of New York (REBNY)

APN: 05140-1035