40-42 Junction Boulevard Corona, NY $ 1,980,000
40-42 Junction Boulevard
$ 1,980,000
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40-42 Junction Boulevard

Corona, NY, 11368
$ 1,980,000
Bedrooms-- Baths-- Sq 2,368

Monthly Estimate*

$ 12,353

40-42 Junction Boulevard, Corona, NY 11368 - Image 1
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Commercial Property for sale in Corona, NY

for $1,980,000. This 2,368 square foot building was built in 1931 on a lot size of 0.0578.

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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Commercial Pending

Price

$ 1,980,000

Property Type

Commercial

Taxes

$ 34,318

Style

Mixed Use

Lot Size

0.0578

Year Built

1931

Town/City

Corona

County/Region

Queens

MLS | Web ID

898388

Features
General
Sewer Public Sewer
Heating Hot Water Natural Gas
Cooling Multi Units Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Water Connected
Construction Materials Aluminum Siding Frame Other
Year Built 1931
Property Subtype Mixed Use
Tax Year 2025
Parcel Number 01596-0029
Business Type Mixed Residential Restaurant
County Queens
Property Type Commercial Sale
Directions Please refer to Google Maps
City New York
Property Attached Y/N N
Tax Annual Amount 34318
Showing Instructions By Appointment- Please contact Listing Agent Fei @ 516-587-9113 for showing requests
Building Area Units Square Feet
Standard Status Pending
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Interior
Basement Finished
Total Stories 2
Basement Features Finished
Basement (Y/N) Y
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Exterior
Water Source Public
Foundation Details Other Brick/Mortar Concrete Perimeter
Building Area Total 2368
Waterfront Y/N N
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Internal Only
Street Number 1 40
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* Excluded Features
List By
Fei Guo

Listing Agent

Skylux Realty Inc

Broker

718-500-2231

Contact

Affordability Calculator

$15,212
Per Month
81%
19%
0%
Monthly Principal & Interest
$12,353
Monthly Property Taxes
$2,860
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/8/2025$1,980,000 Listed Price

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40-42 Junction Boulevard, Corona, NY, 11368 is a Commercial Property for sale at $1,980,000 with 2,368 sqft and a lot size of 0.0578. 40-42 Junction Boulevard was built in 1931. The property's zip code is 11368 which is in Corona, NY