NOT LISTED FOR SALE

Estimated Value: $619,632 - $740,000

2 Beds
2 Baths
990 Sq Ft
$736/mo HOA Fee

Last Sold October 17, 2023

Last sale price $738,000 $745 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,905/month

29 Days on Market

Highlights

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

About This Home

As of October 2023

Welcome to Flushing's newest condo conversion! This spacious, gut-renovated two-bedroom, two-bath apartment features a large living room, an open, windowed kitchen with Quartz countertops, beautiful glass-tiled backsplash and stainless steel appliances including a dishwasher. This home also has hardwood floors throughout, plenty of space for a home office nook or dining area, a sparkling new bathroom, California-style closets, private outdoor space 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/3Pi4oKS

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 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.

Last Agent to Sell the Property

William Tabler

Keller Williams NYC License #10301217811 Listed on: 06/13/2023

Keller Williams NYC

Co-Listed By

Sandy Edry

Keller Williams NYC License #40ED1106049

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,232

Lot Details

  • 0.48

HOA Fees

  • $736 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 990 Sq Ft Home
  • Pre War Building
  • Entry on the 5th floor

Kitchen

  • Eat-In Kitchen
  • Dishwasher

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

$5,232

Lot Details

0

HOA Fees

$736 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flushing
  • Architectural Style: Prewar
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Interior Features: Eat-in Kitchen
  • Appliances: Dishwasher
  • Living Area: 990.0
  • 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: 736.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No

Tax Info

  • Tax Block: 5140
  • Tax Annual: 5232.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Oct 17, 2023
Sold by
Cherry Associates Llc
Bought by
Giri Parbati and Kc Suman
Seller's Agent
William Tabler
Keller Williams NYC
List Price
$758,000
Sold Price
$738,000
Premium/Discount to List
-$20,000
-2.64%
Views
113
Current Estimated Value
$694,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,842
Avg. Annual Appreciation
-3.05%
Original Mortgage
$442,800
Outstanding Balance
$434,191
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$259,967

Purchase Details

Closed on
Mar 23, 2023
Sold by
Cherry Associates Llc
Bought by
Cherry Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,700,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Giri Parbati $738,000 --
Giri Parbati $738,000 --
Cherry Associates Llc -- --
Cherry Associates Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giri Parbati $442,800
Closed Giri Parbati $442,800
Previous Owner Cherry Associates Llc $6,700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2023 10/17/23 Sold $738,000 -2.6% $745 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $758,000 -- $766 / 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 $5,998 $47,623 $9,923 $37,700
2024 $5,998 $47,980 $9,923 $38,057
2023 $5,975 $47,792 $9,922 $37,870
2022 $5,731 $46,844 $9,923 $36,921
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10901589

Real Estate Board of New York (REBNY)

APN: 05140-1066