Homes for sale - 40-71 Junction BLVD, Corona, NY 11368

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$1,500,000

Est. payment - /mo

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7 BD

4 BA

3,200 SqFt

Active

40-71 Junction BLVD Corona, NY 11368

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Christine DeHart

christine@salmonrealestate.com +1(718) 273-1200

UPDATED:

12/04/2024 10:57 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $468

MLS Listing ID KEYL3589301

Bedrooms 7

Full Baths 4

Originating Board onekey2

Rental Info No

Year Built 1931

Annual Tax Amount $13,869

Lot Dimensions 20x100

Property Description

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.

Location

State NY

County Queens

Rooms

Basement Full

Interior

Heating Natural Gas, Steam

Cooling None

Fireplace No

Exterior

Parking Features None

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

Schools

Middle Schools Civic Leadership Academy

High Schools Aviation Career And Tech High School

School District Queens24

Others

Senior Community No

Special Listing Condition None

Listed by EXP Realty

Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.

Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how.

If you're interested in this listing and would like to learn more, just drop us your name info here and we'll get straight back with you to discuss it. We look forward to speaking with you.

+1(718) 273-1200

christine@salmonrealestate.com

1855 Victory Blvd, Island, NY, 10314, United States