$1,980,000

40-42 Junction Boulevard, Corona, NY 11368

  • 2,368 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon2,518sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $836/sqft
  • Property List Date Icon Listed 1 day ago

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.

Listing Status:
Active
Listing Office:
Skylux Realty Inc : 718-500-2231
MLS ID:
898388
  • Basement: Finished
  • A/C: Multi UnitsWall/Window Unit(s)
  • Heating: Hot WaterNatural Gas

This listing courtesy of Skylux Realty Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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