Buy with Yoreevo
$13,610,240
List Price: $13,888,000
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14215 Cherry Avenue
House in East Flushing •  building info
studio • 5,700ft² $2,436 per ft²
Buy with Yoreevo

$13,610,240

List Price

$13,888,000

Key Details
Days on market
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Last price change
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Estimated payment
$88,695/mo
Taxes
$13,756/mo
Maintenance
N/A
Description
Prime mid-size multifamily investment opportunity in the heart of Flushing. This 6-story elevator building features 20 residential units, all configured as 2-bedroom, 2-bath layouts, offering strong rental appeal and efficient use of space. The property encompasses approximately 17,333 SF and includes a 500 SF community facility, providing additional flexibility and potential income streams. Zoned R7B, the asset offers long-term appreciation potential and future development upside. The building also includes 10 on-site parking spaces, a highly desirable amenity in this high-demand area. Ideally located within walking distance to Main Street transit hub (7 train & LIRR) and surrounded by major commercial destinations such as SkyView Center, Tangram, and New World Mall. Strong rental demand, low vacancy rates, and excellent neighborhood amenities ensure stable and consistent cash flow. A rare opportunity to acquire a well-positioned asset in one of Queens' most sought-after rental markets.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$13,888,000
Asking Price: $13,888,000
Term
30 Years
Down Payment
$1,388,000 (10%)
Min: 10% (1,388,000)
Rate
6.0 %
Mortgage Amount
$12,499,200
Mortgage Payment
$74,939
Taxes
$13,756
Estimated Yoreevo rebate
$277,760
Estimated closing cost
$753,000
Total monthly cost $88,695
Buy your dream home with us and get an estimated $277,760 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of E Realty International Corp

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