See all 12 photos
$1,980,000
Est. payment /mo
2,517 Sqft Lot
New
40-42 Junction BLVD Corona, NY 11368
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 898388
Rental Info No
Year Built 1931
Annual Tax Amount $34,318
Lot Size 2,517 Sqft
Acres 0.0578
Property Sub-Type Mixed Use
Source onekey2
Property Description
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.
Location
State NY
County Queens
Rooms
Basement Finished
Interior
Heating Hot Water, Natural Gas
Cooling Multi Units, Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
Building
Story 2
Foundation Other, Brick/Mortar, Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding,Frame,Other
Others
Special Listing Condition None
Listed by Skylux Realty Inc
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