140-37 Cherry Avenue

140-37 Cherry Avenue is a condo located in Flushing, Flushing. The building was first built in 2004 and is 22 years old. The lot that the building was built on is 60 feet wide and 95 feet long. The official lot area is listed as 5,700 square feet. The building itself is 60 feet wide and 85 feet long. In total, 140-37 Cherry Avenue has a total floor area of 20,360 square feet. Of that, 14,912 square feet are used for residential purposes. About 5,448 square feet of the building are used for commercial purposes. Additionally, the building has a 1,008 square feet garage. There are a total of 31 units. Of those, 21 are residential units. There are 10 commercial units. 140-37 Cherry Avenue has a total of 8 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 51 closings on record, of which we have matching data for 5 listings. In the past 3 years, a listing in this building will typically remain on the market for about 136 days and tend to sell below the original asking price of $618,500 by 8.23%. Meaning, listings tend to sell at a median of $879 price per square foot. The transaction that took the longest to complete was unit 7A, listed on Jul 25, 2021 for $649,000. This particular unit ultimately sold 220 days later for $553,888. The most recent transaction was for unit 4C, which was first advertised on Jan 05, 2022, sold for $607,888 on May 20, 2022. Fun fact, the oldest transaction we have on record took place on Dec 30, 1966. See the full transaction history for 140-37 Cherry Avenue below.

Flushing, where 140-37 Cherry Avenue is located, has a median asking price of $689,000 for condo buildings. Meanwhile, the building itself has a median asking price of $618,500. For interested buyers, that means the building's median asking price is around 0.10% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.