Updated 10 months ago
Corona, Queens | 40th Road & 41st Ave
Development Site

$2,388,000
Lot Size50'x100'
ZoneR6B
Building TypeDevelopment Site
RE Taxes$7,025

Building Amenities

  • Elevator
  • Laundry Room

Property Description

Excellent Development Opportunity on Junction Blvd in Prime Corona, Queens! Duel Lot Package Deal, 50x100, R6B Zoning, Allows For 10,100 Buildable Square Footage and potential to develop a 5 story residential elevator building, constructed of 10 two bedroom apartments, 5 parking spaces and a full basement with laundry facilities and storage. Currently Lot 1 has a 4BR/1BA apartment over an existing doctor's office on the retail floor. Lot 2 is a vacant lot with garages in the rear. Property can be delivered vacant. Prospective purchasers should verify all information and consult with an architect for all potential plans. Located less than 2 blocks from Junction Blvd/Roosevelt Ave 7 Train Subway Station and Corona's busiest retail hub with a plethora of shops, restaurants, local businesses and much more! Other nearby attractions include LaGuardia Airport, Elmhurst Hospital, Queens Center Mall, Flushing Meadows Park, and Citi Field.

Listing History

Now
09/09/2021
$2,388,000
Initial Price by Joe Bencivenga
Keller Williams Realty Landmark II
Launch

Building Details

OwnershipDevelopment Site
Building TypeDevelopment Site
AgePre-War
Learn More About the Building

Contact Agents

Contact Agents

Joe Bencivenga
Keller Williams Realty Landmark II
Paul Zhou
Keller Williams Realty Landmark II
View this property on the company's website
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 82133TH