140-37 Cherry Avenue #8A
About This Property
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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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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 14, 2026 | Sold | ||
| Sold | |||
| Jun 29, 2026 | In contract | - | |
| In contract | |||
| May 13, 2026 | Price Decreased |
$630,000
↓ $120K
(16%) | |
| Price Decreased | |||
| Apr 2, 2026 | Listed by Chous Realty Group Inc | $750,000 | |
| Listed by Chous Realty Group Inc | |||
| |||
|
Parking space available and sell separately. Bright 2 bedrooms, 2 Full bath condo with a private balcony in the heart of Flushing. This unit offers approximately 725 sq ft of living space with an open balcony. Features very low common charges of $386/month (including hot and cold water). The building is well managed and maintained. Conveniently located near supermarkets, shopping, and dining, and multiple grocery options within a short walk, as well as easy access to Main Street, public transportation, and all the amenities Flushing has to offer. Ideal for both investment and owner occupancy.
| |||
| May 16, 2016 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/02/2026
|
2 Bed
|
2 Bath
|
725 ft²
|
$750,000
2 Bed
2 Bath
725 ft²
|
$630,000
-16.00%
09/14/2026
|
Kevin Chihua Kao
Chous Realty Group Inc
| |
|
08/04/2025
|
2 Bed
|
2 Bath
|
720 ft²
|
$650,000
2 Bed
2 Bath
720 ft²
|
$635,000
-2.31%
10/16/2025
|
Kenny Chan
Coldwell Banker American Homes
| |
|
05/21/2025
|
2 Bed
|
2 Bath
|
700 ft²
|
$668,000
2 Bed
2 Bath
700 ft²
|
$638,000
-4.49%
09/02/2025
|
Qun Lin
Winzone Realty Inc
| |
|
05/24/2024
|
2 Bed
|
2 Bath
|
-
|
$635,000
2 Bed
2 Bath
|
$620,000
-2.36%
07/10/2024
|
Sammi chen
Keller Williams - Great Neck/Manhasset
| |
|
08/28/2023
|
2 Bed
|
2 Bath
|
-
|
$638,000
2 Bed
2 Bath
|
-
-
|
Xiao Shi
Sany Realty Group LLC
| |
|
01/05/2022
|
2 Bed
|
2 Bath
|
693 ft²
|
$619,000
2 Bed
2 Bath
693 ft²
|
$607,888
-1.80%
05/20/2022
|
Hsin Yuan Yang
E Realty International Corp
| |
|
07/25/2021
|
2 Bed
|
2 Bath
|
750 ft²
|
$649,000
2 Bed
2 Bath
750 ft²
|
$553,888
-14.66%
03/02/2022
|
Jun Qiu
Century Homes Realty Group LLC
| |
|
05/05/2021
|
2 Bed
|
2 Bath
|
-
|
$618,000
2 Bed
2 Bath
|
$598,000
-3.24%
09/17/2021
|
Kauk Hone Tia
E Realty International Corp
| |
|
11/17/2020
|
2 Bed
|
2 Bath
|
750 ft²
|
$635,000
2 Bed
2 Bath
750 ft²
|
-
-
|
Jun Qiu
Century Homes Realty Group LLC
| |
|
03/08/2020
|
2 Bed
|
2 Bath
|
750 ft²
|
$635,000
2 Bed
2 Bath
750 ft²
|
-
-
|
Qingsong Liu
Century Homes Realty Group LLC
| |
|
11/16/2019
|
2 Bed
|
2 Bath
|
-
|
$635,000
2 Bed
2 Bath
|
-
-
|
Qingsong Liu
Century Homes Realty Group LLC
| |
|
06/14/2014
|
2 Bed
|
2 Bath
|
-
|
$438,000
2 Bed
2 Bath
|
$410,000
-6.39%
10/29/2014
|
Li Li
Century Homes Realty Group LLC
| |
|
05/07/2012
|
2 Bed
|
2 Bath
|
-
|
$415,000
2 Bed
2 Bath
|
$402,000
-3.13%
10/10/2012
|
Kui Fan Yang
Chous Realty Group Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017