NY > Corona
Corona, NY 11368,40-71 Junction BLVD
Corona, NY 11368,40-71 Junction BLVD
Corona, NY 11368,40-71 Junction BLVD
24
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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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Chaim Reich - Erealty Advisors

Chaim Reich - Erealty Advisors

+1(718) 781-3616

UPDATED:

11/06/2024 08:55 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $468

MLS Listing ID 3589301

Style Two Story

Bedrooms 7

Full Baths 4

Originating Board onekey

Rental Info No

Year Built 1931

Annual Tax Amount $13,869

Lot Size 2,178 Sqft

Acres 0.05

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

Zoning R6B

Rooms

Basement Full

Kitchen 4

Interior

Heating Natural Gas, Steam

Cooling None

Fireplace No

Exterior

Garage None

Parking Type None

Garage false

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

New Construction No

Schools

Middle Schools Civic Leadership Academy

High Schools Aviation Career And Tech High School

School District Queens 24

Others

Senior Community No

Special Listing Condition None

Listed by EXP Realty • 888-276-0630

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Chaim Reich - Erealty Advisors

Salesperson | License ID: 10401360540

+1(718) 781-3616

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40-71 Junction BLVD