40-71 Junction Boulevard
Corona, NY 11368
$1,500,000
7 beds | 4 baths | 0.05 acres | #3589301
For Sale
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.
Interior Details
Heating & Cooling
- Heating:Natural Gas, Steam
Beds & Baths
- Bedrooms:7
- Bathrooms:4
- Full Baths:4
Property Details
Measurements
- Acres:0.05
Construction Details
Type & Style
- Property type:Purchase
- Basement:1
Condition
- Year built:1931
Utilities / Energy Details
Utility
- Sewer information:Public Sewer
- Utility source:Public
Community and Neighborhood Details
Location
- School district:Queens 24
- Middle School:Civic Leadership Academy
- High School:Aviation Career And Tech High School
- County:Queens
Financial Details
Pricing Details
- Original List Price:$1, 500, 000
- Taxes annual:$13, 869
Other
Source
- MLS #:3589301
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: . Source: ONEKEY
Listing Courtesy
Listing Agent: Rong Xu Yu
Listing Office: EXP Realty
Keller Williams LandmarkAsk Vinny Thompson team
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
Estimated Monthly Payment
$0.00
Loan Amount
$0.00
