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Off market
  • $610,700

    141-05 Cherry Ave Unit 5D, Flushing, NY 11355

    2beds
    740sqft
    Condo
    Built in 2008
    -- sqft lot
    $610,700 Zestimate®
    $825/sqft
    $3,084 Estimated rent

    Home value

    $610,700

    $568,000 - $653,000

    $3,084/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $3,084/mo

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    $3,084/mo

    Rent Zestimate®

    Refinance and save

    $3,909/mo

    Est. payment

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    $3,909/mo

    Est. payment

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    What's special

    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 1 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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Interior area
    • Total interior livable area: 740 sqft

    Property

    Details
    • Parcel number: 051861426

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 2008

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $194 monthly
    Location
    • Region: Flushing

    Financial & listing details

    • Price per square foot: $825/sqft
    • Tax assessed value: $182,332

    Price history

    DateEventPrice
    10/22/2019Listing removed$599,000$809/sqft
    Source: Compass Report a problem
    4/18/2019Price change$599,000+4.2%$809/sqft
    Source: Compass Report a problem
    3/27/2019Listed for sale$575,000+49.6%$777/sqft
    Source: Compass Report a problem
    5/5/2011Sold$384,306$519/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $82,050 +3.8%
    2024-- $79,032 -4.4%
    2023-- $82,653 +1.5%
    2022-- $81,407 +8.9%
    2021-- $74,726 -11.3%
    2020$248 $84,263 -2%
    2019$248 -97.1%$85,957 +28.1%
    2018$8,462 +3.2%$67,098 +4.1%
    2017$8,196 +3098.6%$64,440 +3.1%
    2016$256 $62,499 +2.1%
    2015$256 +27.9%$61,227 -4%
    2014$200 $63,759 -5.1%
    2013-- $67,199 -5%
    2012-- $70,704 +20.1%
    2011-- $58,890
    Find assessor info on the county website

    Neighborhood: Flushing

    Nearby schools

    GreatSchools rating