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40-42 Junction Boulevard Corona, NY 11368
$1,980,000
  • For Sale
  • 4 Bedrooms
  • 3 Full Baths
  • Year Built 1931
  • Multi Family
  • ML# 899910

Property Details

Overview

Prime Mixed-Use Opportunity in the heart of Corona! Welcome to a rare investment opportunity in bustling Corona, Queens. With an R6B zoning designation, this detached mixed-use building is ideally situated on the high-traffic Junction Boulevard, offering prime visibility and steady foot traffic for commercial success- plus excellent residential income potential. Property Highlights: Ground Floor Commercial Space- Currently operating as a modern Dominican eatery, the restaurant enjoys a loyal local customer base. A finished basement provides ample storage or prep space, exclusively for restaurant use. Rear Ground Floor Residential Unit- A comfortable 2-bedroom, 1-bath apartment with a functional kitchen, and a combined living and dining area, ideal for rental or owner-occupancy. Second Floor Residential Unit- Spacious and well laid out, featuring 2-bedroom, 2-bathrooms, a full kitchen, living room, and family room, perfect for larger families or additional income. Conveniently located in Corona, this property is just steps from the Junction Blvd 7-train station, providing quick access to Manhattan and throughout Queens. Multiple bus lines, including Q72 serving the area, and major highways like the LIE and Grand Central Parkway are easily accessible for commuting. The building is within walking distance of quality schools in NYC’s District 24, popular shopping centers such as Rego Park Mall, a wide variety of restaurants, and the expansive Flushing Meadows-Corona Park are all within close proximity.

Key Facts

  • Lot Size: 0.06
  • Lot Sq Ft: 2526
  • Taxes: $34,318
  • School District: Ps 19 Marino Jeantet

Additional Features

  • Construction Materials: Aluminum Siding, Frame, Other
  • Interior Features: 
    First Floor Bedroom, First Floor Full Bath, Other

Rooms & Floor Plans

  • Bedroom: 4
  • Full Bath: 3

Interior & Utilities

  • Heat: Hot Water, Natural Gas, Other
  • A/C: Multi Units, Wall/Window Unit(s)
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $34,318
Listing Information provided courtesy of Skylux Realty Inc  718-500-2231
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