Corona, NY 11368,40-42 Junction BLVD

$1,750,000

$1,980,000

11.6%
Est.Price: ?

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Est. payment /mo

2,517 Sqft Lot


SOLD DATE : 12/22/2025

Key Details

Sold Price $1,750,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 898388

Year Built 1931

Annual Tax Amount $34,318

Lot Size 2,517 Sqft

Property Sub-Type Mixed Use

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

Interior

Heating Hot Water, Natural Gas

Cooling Multi Units, Wall/Window Unit(s)

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

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Listed by Skylux Realty Inc • Fei Guo
Bought with Skylux Realty Inc

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Luciane Serifovic

Luciane Serifovic

CEO & FOUNDER | License ID: 10491208575

+1(917) 567-8767

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