136-04 CHERRY Avenue #2I
About This Property
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.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2025 | Sold | ||
| Sold | |||
| Mar 28, 2025 | In contract | - | |
| In contract | |||
| Mar 1, 2025 | Listed by Keller Williams NYC | $510,000 | |
| Listed by Keller Williams NYC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/28/2026
|
2 Bed
|
1 Bath
|
1115 ft²
|
$775,000
2 Bed
1 Bath
1115 ft²
|
$750,000
-3.23%
09/08/2026
|
Sufang Liu
Avenue & Street Realty Inc
| |
|
11/22/2025
|
1 Bed
|
1 Bath
|
685 ft²
|
$560,000
1 Bed
1 Bath
685 ft²
|
-
-
|
Li Pan
E Realty International Corp
| |
|
03/01/2025
|
1 Bed
|
1 Bath
|
685 ft²
|
$510,000
1 Bed
1 Bath
685 ft²
|
$499,000
-2.16%
05/08/2025
|
Sandy Edry
Keller Williams NYC
| |
|
07/25/2024
|
1 Bed
|
1 Bath
|
-
|
$588,000
1 Bed
1 Bath
|
-
-
|
Xiulan Liu
LuckSky Brothers Corp
| |
|
05/07/2024
|
1 Bed
|
1 Bath
|
-
|
$585,000
1 Bed
1 Bath
|
-
-
|
Jiansong Pan
E Realty International Corp
| |
|
06/13/2023
|
2 Bed
|
2 Bath
|
990 ft²
|
$758,000
2 Bed
2 Bath
990 ft²
|
$738,000
-2.64%
10/17/2023
|
William Tabler
Keller Williams NYC
| |
|
01/02/2023
|
Studio
|
1 Bath
|
655 ft²
|
$335,000
Studio
1 Bath
655 ft²
|
$330,000
-1.49%
04/12/2024
|
Sandy Edry
Keller Williams NYC
| |
|
11/21/2022
|
1 Bed
|
1 Bath
|
-
|
$589,000
1 Bed
1 Bath
|
-
-
|
Luyao Cheng
E Realty International Corp
| |
|
02/10/2021
|
2 Bed
|
1 Bath
|
935 ft²
|
$685,888
2 Bed
1 Bath
935 ft²
|
$685,888
06/30/2022
|
Sandy Edry
Keller Williams NYC
| |
|
01/13/2021
|
2 Bed
|
1 Bath
|
990 ft²
|
$688,888
2 Bed
1 Bath
990 ft²
|
$620,000
-10.00%
12/07/2021
|
William Tabler
Keller Williams NYC
| |
|
01/13/2021
|
2 Bed
|
2 Bath
|
1045 ft²
|
$750,888
2 Bed
2 Bath
1045 ft²
|
$660,000
-12.10%
11/24/2021
|
William Tabler
Keller Williams NYC
| |
|
01/13/2021
|
1 Bed
|
1 Bath
|
860 ft²
|
$650,888
1 Bed
1 Bath
860 ft²
|
$580,000
-10.89%
12/03/2021
|
William Tabler
Keller Williams NYC
| |
|
09/10/2020
|
1 Bed
|
1 Bath
|
835 ft²
|
$630,888
1 Bed
1 Bath
835 ft²
|
$585,000
-7.27%
12/15/2021
|
Sandy Edry
Keller Williams NYC
| |
|
09/10/2020
|
1 Bed
|
1 Bath
|
685 ft²
|
$530,888
1 Bed
1 Bath
685 ft²
|
$485,000
-8.64%
11/24/2021
|
Sandy Edry
Keller Williams NYC
| |
|
08/13/2020
|
2 Bed
|
1 Bath
|
990 ft²
|
$750,888
2 Bed
1 Bath
990 ft²
|
$670,000
-10.77%
12/03/2021
|
Sandy Edry
Keller Williams NYC
| |
|
08/13/2020
|
1 Bed
|
1 Bath
|
660 ft²
|
$510,888
1 Bed
1 Bath
660 ft²
|
$465,000
-8.98%
12/20/2021
|
William Tabler
Keller Williams NYC
| |
|
06/19/2020
|
1 Bed
|
1 Bath
|
725 ft²
|
$545,888
1 Bed
1 Bath
725 ft²
|
$499,000
-8.59%
12/03/2021
|
William Tabler
Keller Williams NYC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017