NOT LISTED FOR SALE

The Fairmont 142-20 Franklin Ave Unit 4T Flushing, NY 11355

Flushing Neighborhood

Estimated Value: $399,733 - $473,000

-- Bed
1 Bath
560 Sq Ft
$359/mo HOA Fee

Last Sold March 11, 2022

Last sale price $420,000 $750 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,963/month

154 Days on Market

About This Home

As of March 2022

This modern, newly-renovated alcove studio features new oak hardwood floors, a spacious living room, separate kitchen with stainless-steel appliances and a glass-tiled back splash, sparkling new bathroom, California 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/3tHkGyI

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.

Photos and 3-D walk-thru reflect a similar unit in the building.

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: 05/21/2021

Keller Williams NYC

Co-Listed By

Sandy Edry

Keller Williams NYC License #40ED1106049

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,096

Year Built

  • 1970

HOA Fees

  • $359 Monthly HOA Fees

Home Design

  • 560 Sq Ft Home

Additional Features

  • 1 Full Bathroom
  • 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

$3,096

Year Built

1970

Lot Details

0

HOA Fees

$359 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flushing
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built (Public Record): 1970

Interior Features

  • Living Area: 560.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 359.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No

Tax Info

  • Tax Block: 5182
  • Tax Annual: 3096.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2024
Sold by
Cheng Luyao
Bought by
Hu Xiaohui and Liu Liang
Total Days on Market
154
Current Estimated Value
$434,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Outstanding Balance
$270,676
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$163,507

Purchase Details

Listed on
May 21, 2021
Closed on
Mar 11, 2022
Sold by
Fairmont 88 Llc
Bought by
Cheng Luyao
Seller's Agent
William Tabler
Keller Williams NYC
List Price
$420,000
Sold Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.02%
Original Mortgage
$273,000
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
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
Hu Xiaohui $420,000 --
Cheng Luyao $420,000 --
Cheng Luyao $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hu Xiaohui $273,000
Previous Owner Cheng Luyao $273,000
Previous Owner Fairmont 88 Llc $11,770,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $420,000 0.0% $750 / Sq Ft
03/06/2022 03/06/22 Off Market $420,000 -- --
05/21/2021 05/21/21 For Sale $420,000 -- $750 / 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 $2,136 $23,765 $2,834 $20,931
2023 $3,062 $24,495 $2,834 $21,661
2022 $2,229 $24,296 $2,834 $21,462
2021 $2,695 $21,967 $2,834 $19,133
2020 $3,205 $25,698 $2,834 $22,864
2019 $3,222 $25,543 $2,834 $22,709
Source: Public Records

Agents Affiliated with this Home

  • William Tabler

    Seller's Agent in 2022

    William Tabler

    Keller Williams NYC

    (646) 858-6881

    43 in this area

    77 Total Sales

    William Tabler
    Section Image
  • Sandy Edry

    Seller Co-Listing Agent in 2022

    Sandy Edry

    Keller Williams NYC

    (917) 482-9701

    41 in this area

    191 Total Sales

    Sandy Edry
    Section Image
See All Agents

About The Fairmont

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10761196

Real Estate Board of New York (REBNY)

APN: 05182-1174

New York Queens County Flushing 11355 Flushing

142-20 Franklin Ave Unit 4T, Flushing, NY

This home is located at 142-20 Franklin Ave Unit 4T, Flushing, NY 11355 since 21 May 2021 and is currently estimated at $434,183, approximately $775 per square foot. This property was built in 1970. 142-20 Franklin Ave Unit 4T 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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