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40 71 Junction Boulevard

Corona, NY 11368

7 beds
4 baths
3,200 sqft
2,000 sqft lot
$468 per sqft
1931 build
– on site

EXP Realty has retained the exclusive to present 40-71 Junction Boulevard, Corona Queens for Sale. Building size is a large 20 X 80, 3200 sqft and Lot is 20 X 100, 2000 sqft, Zoning R6B. This legal 4 family attached red-colored brick property is westward-facing that sits on an extremely active high pedestrian and vehicle area on Junction Boulevard. The property stands 2 stories consisting of 4 apartments of which all are occupied. 1F is about 450 sqft, 1 bedroom 1 bath and 1R, 2F,2R are about 800 sqft, 2 bedroom and 1 bathroom. Total annual rent is $89K. Annual taxes are $13K, and with its heat, insurance, water and sewage, total expenses are $27K. For further income, renting the basement as storage to the countless businesses in the area or basement can be converted into a commercial store. Property has been well maintained without any need for major repairs. Boiler is 10 years and water tank is 3 years. There are No HPD or DOB violations which demonstrate non-problematic tenants. The 7 train is a 5 minute walk to Junction Boulevard Station. This property is an incredibly rare investment on a bustling and appreciating area of Corona Queens. We have pictures and virtual tours of all apartments with complete financials are available upon request.

Listing courtesy of ONEKEY / EXP Realty

Last checked: Checking… • Last updated Nov 17, 2024 •

MLS# 3589301 —

The Building

Year Built:

1931
New Construction:

false
Construction Materials:

Brick
Architectural Style:

Two Story
Basement:

Full
Levels:

Two
Common Walls:

2+ Common Walls
Direction Faces:

West
Building Area Units:

Square Feet

Interior

Rooms Total:

15

Room Dimensions

Living Area:

3200
Living Area Units:

Square Feet

Location

Cross Street:

41st Avenue

The Property

Property Type:

Residential Income
Property Subtype:

Multi Family
Property Attached:

true
Zoning Description:

R6B
Lot Size Acres:

0.05
Lot Size Area:

0.05
Lot Size SqFt:

2000
Lot Size Units:

Acres
Lot Size Source:

Other
Lot Size Dimensions:

20x100
Parcel Number:

01605-0040
Flood Zone Report:

Yes
Flood Zone Date:

2024-11-14

Listing Agent

Contact info:

Taxes

Tax Lot:

40
Tax Block:

1605
Tax Map Number:

01605-0040
Tax Annual Amount:

13869

Beds

Bedrooms Total:

7

Baths

Total Baths:

4
Full Baths:

4

The Listing

Virtual Tour URL Unbranded:

https://www.asteroommls.com/pviewer?hideleadgen=1&token=eOzcCBO3aUGDSOtgXcxU-w

Heating & Cooling

Heating:

Natural Gas, Steam
Cooling:

None
Cooling:

false

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary School District:

Queens 24
Middle Or Junior School:

Civic Leadership Academy
Middle Or Junior School District:

Queens 24
High School:

Aviation Career And Tech High School
High School District:

Queens 24

The Community

Senior Community:

false

Parking

Garage:

false
Attached Garage:

false
Parking Features:

None

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Verizon Fios

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
11/4/24 Nov 4, 2024	Listed / Active	ONEKEY	$1,500,000

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This multifamily located in Northwestern Queens, New York, NY 11368 is currently for sale for $1,500,000. 40 71 Junction Boulevard is a 3,200 square foot multifamily with 7 beds and 4 baths that has been on Estately for 13 days. 40 71 Junction Boulevard is in the Northwestern Queens neighborhood of New York and has a WalkScore® of 94, making it a walker’s paradise.

Listing Courtesy of: ONEKEY and EXP Realty.

IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.