141-05 Cherry Avenue, Unit 5D

141-05 Cherry Ave Flushing, Queens, NY 11355

$599,000
Price
2
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Property Details for 141-05 Cherry Avenue, Unit 5D

StatusActive
Year Built2008
DOM209
Compass TypeCondo
MLS Type-
Taxes$20.83 / month
Common Charges$194.02 / month
Minimum Down Payment10%
CountyQueens County

Building

141-05 Cherry Ave

47 Units10 StoriesBuilt in 2008

Listing Agent

Contact Agent(s)

Description

DEAL FELL THROUGH – BACK ON THE MARKET!


Investment opportunity: apartment served with a tenant in place providing a magnificent investment opportunity at an incredible price. Perched on the fifth floor of in an elevator building, this southern facing two bedroom boats two full bathrooms, a washer and dryer in unit and a balcony. Appliances still have the plastic on them and even vents outside. With a 3.7% CAP rate and tax abatement still in place, this is the investment you have been searching for…
... pictures don’t do justice!


Please note that the current asking price has already taken into account a one year rent credit at market rate ($2,000 per month) to the new owner with tenant in place – a CAP rate of 3.7%. If the buyer prefers to purchase the unit with a monthly income instead of a rent credit, the asking price is $623,000.

Amenities

Renovated Kitchen and BathMaster EnsuiteLaundry RoomHardwood FloorsDining AlcoveCentral ACRenovated KitchenPrivate Storage Included

Location

Listing Agents

  1. Melanie Kohler

    Listing Agent

    Compass

    mkohler@compass.com

    P: 917.741.4007

  2. Iris Zhen

    Listing Agent

    Compass

    iris.zhen@compass.com

    P: 646.578.3836

Building Information for 141-05 Cherry Avenue, Unit 5D

Building/Complex141-05 Cherry AveFloor5Stories10Residences47Pet Policy-Year Built2008Building Age-Building Type-

Payment Calculator

$2,639 per month

30 year fixed, 3.51% Interest

Principal and Interest

$2,424

Property Taxes

$21

HOA Dues

$194

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Property History for 141-05 Cherry Avenue, Unit 5D

DateEvent & SourcePriceAppreciationLink
Apr 18, 2019Price Change

Manual #82d1fba41644b0dc91ec53ea78ff435c342599d9

$599,000
Mar 27, 2019Listed (Active)

Manual #82d1fba41644b0dc91ec53ea78ff435c342599d9

$575,000
Apr 27, 2011Sold (Public Records)

ACRIS #2011050200807001

$384,306
DateEvent & SourcePrice
04/18/2019
Price Change

Manual #82d1fba41644b0dc91ec53ea78ff435c342599d9

$599,000
03/27/2019
Listed (Active)

Manual #82d1fba41644b0dc91ec53ea78ff435c342599d9

$575,000
04/27/2011
Sold (Public Records)

ACRIS #2011050200807001

$384,306

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 141-05 Cherry Avenue, Unit 5D

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
The Active Learning Elementary SchoolPublicPK-30.2 mi
10
Muslim Center Junior High SchoolPrivateK-80.3 mi
NR
Ps 24 Andrew JacksonPublicK-50.3 mi
9
Is 237Public6-80.4 mi
8

The Active Learning Elementary School

PK-3, 0.2 mi, Public

10

Muslim Center Junior High School

K-8, 0.3 mi, Private

NR

Ps 24 Andrew Jackson

K-5, 0.3 mi, Public

9

Is 237

6-8, 0.4 mi, Public

8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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141-05 Cherry Avenue, Unit 5D is a condo for sale in Flushing, Queens, NY 11355. This property was listed for sale on March 27, 2019 by Compass at $599,000. It has been on the market for a total of 209 days and was last sold on April 27, 2011. Nearby schools include Muslim Center Junior High School, Lowell Us of Flushing and Veritas Academy. 141-05 Cherry Avenue, Unit 5D is a 2-bed, 2-bath, condo built in 2008.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY