40-42 Junction Boulevard, Corona, NY 11368
Local realty services provided by:ERA Insite Realty Services



40-42 Junction Boulevard,Corona, NY 11368
$1,980,000
- 4 Beds
- 3 Baths
- 2,368 sq. ft.
- Multi-family
- Active
Listed by:fei guo
Office:skylux realty inc
MLS#:899910
Source:One Key MLS
Price summary
- Price:$1,980,000
- Price per sq. ft.:$836.15
About this home
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.
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Home facts
- Year built:1931
- Listing Id #:899910
- Added:3 day(s) ago
- Updated:August 12, 2025 at 11:43 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,368 sq. ft.
Heating and cooling
- Heating:Hot Water, Natural Gas
Structure and exterior
- Year built:1931
- Building area:2,368 sq. ft.
- Lot area:0.06 Acres
Schools
- High school:Newtown High School
- Middle school:Is 61 Leonardo Da Vinci
- Elementary school:Ps 19 Marino Jeantet
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,980,000
- Price per sq. ft.:$836.15
- Tax amount:$34,318 (2025)
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