$1,980,000
Updated 9 months ago
Sold

40-42 Junction Blvd

Corona, Queens | 40th Road & 41st Ave

6 Rooms4 Beds3 Baths2,368 Square FeetMixed Use

$1,980,000
floors / apts2 / 2
Lot Size25'x100'8"
Built Size25'x25'
ZoneR6B
Building TypeLow-Rise
RE Taxes$34,318
Price Per SF
$836

Building Amenities

  • Voice Intercom

Property Description for 40-42 Junction Blvd

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.

Listing History for 40-42 Junction Blvd

Now
11/22/2025
Sold and Closed by Fay Guo
Skylux Realty
10/07/2025
Contract Signed by Fay Guo
Skylux Realty

Building Details for 40-42 Junction Blvd

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts2/2
Learn More About the Building

Contact Agent

Contact Agent

Licensed As
Fei Guo
Broker
License#:
10311210012
Company:
Skylux Realty
Fay Guo
Skylux Realty
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: 102276TH