NOT LISTED FOR SALE

The Fairmont 142-20 Franklin Ave Unit 2U Flushing, NY 11355

Flushing Neighborhood

Estimated Value: $478,182 - $704,000

2 Beds
1 Bath
820 Sq Ft
$518/mo HOA Fee

Last Sold December 17, 2018

Last sale price $584,888 $713 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,997/month

226 Days on Market

About This Home

As of December 2018

This modern, gut-renovated two bedroom apartment features new oak hardwood floors, a large living room, separate kitchen with stainless-steel appliances and a glass-tiled back splash, sparkling new bathroom, California closets and completely rewired electrics.

The Infinity 8 on Franklin is a brand new condo conversion that combines the best of Manhattan luxury with the aesthetics that make Flushing home. This building will have brand new renovations including; lobby with mail and package room, entry way, elevators, and hallways. Additional amenities include a laundry room, on-site super, on-site parking (for extra fee), storage (for extra fee) and a bike room. The Infinity 8 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-170064 Sponsor: Fairmont 88 LLC. 1 Penn Plaza, Suite 4000 NY, NY 10019.

Last Agent to Sell the Property

William Tabler

Keller Williams NYC License #10301217811 Listed on: 04/04/2018

Keller Williams NYC

Co-Listed By

Sandy Edry

Keller Williams NYC License #40ED1106049

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,584

HOA Fees

  • $518 Monthly HOA Fees

Home Design

  • 820 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System

Listing and Financial Details

  • Tax Block 5182

Community Details

Overview

  • Flushing Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,584

Lot Details

0

HOA Fees

$518 per month

Listing Details

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

Interior Features

  • Living Area: 820.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 518.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No

Tax Info

  • Tax Block: 5182
  • Tax Annual: 4584.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Chen Wencheng and Zheng Wen Cheng
Bought by
Chen Depin and Gao Guang Yi
Current Estimated Value
$565,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$256,990
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$312,419

Purchase Details

Listed on
Apr 4, 2018
Closed on
Dec 17, 2018
Sold by
Fairmont 88 Llc
Bought by
Zheng Wen Cheng
Seller's Agent
William Tabler
Keller Williams NYC
List Price
$584,888
Sold Price
$584,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.41%
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
Chen Depin $630,000 --
Zheng Wen Cheng $584,888 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Depin $280,000
Closed Zheng $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2018 12/17/18 Sold $584,888 0.0% $713 / Sq Ft
11/17/2018 11/17/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $584,888 -- $713 / 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 $4,299 $30,571 $4,100 $26,471
2024 $4,299 $34,383 $4,100 $30,283
2023 $4,431 $35,440 $4,100 $31,340
2022 $4,301 $35,153 $4,101 $31,052
2021 $2,803 $31,782 $4,101 $27,681
2020 $3,334 $37,180 $4,101 $33,079
2019 $4,661 $36,957 $4,101 $32,856
Source: Public Records

Agents Affiliated with this Home

  • William Tabler

    Seller's Agent in 2018

    William Tabler

    Keller Williams NYC

    (646) 858-6881

    40 in this area

    74 Total Sales

    William Tabler
    Section Image
  • Sandy Edry

    Seller Co-Listing Agent in 2018

    Sandy Edry

    Keller Williams NYC

    (917) 482-9701

    38 in this area

    188 Total Sales

    Sandy Edry
    Section Image
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About The Fairmont

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10439943

Real Estate Board of New York (REBNY)

APN: 05182-1127

New York Queens County Flushing 11355 Flushing

142-20 Franklin Ave Unit 2U, Flushing, NY

This home is located at 142-20 Franklin Ave Unit 2U, Flushing, NY 11355 since 04 April 2018 and is currently estimated at $565,046, approximately $689 per square foot. 142-20 Franklin Ave Unit 2U is a home located in Queens County with nearby schools including P.S. 20 John Bowne Elementary, Rachel Carson I.S. 237Q, and John Bowne High School.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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