40-71 Junction Boulevard

$1,500,000
Price
7
Beds
4
Baths
3,200 Sq. Ft.
$469 / Sq. Ft.
3,200
Sq. Ft.
$469
per Sq. Ft.

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...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.

Property Details for 40-71 Junction Boulevard

Township
Queens
Architectural Style
Two Story
Zoning Description
R6B
Garage Spaces
.00
Section Area
41st Avenue
Offer Presentation
Can be Present
LISTING UPDATED: 11/14/2024 08:48 PM

Property Details for 40-71 Junction Boulevard

StatusActive
MLS ID3589301
Days on Market29
Taxes$13,869 / year
Maintenance-
Min. Down Pymt-
Total Rooms15.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1931
Lot Size2,000 SF / 20' x 100'
CountyQueens County

Building

40-71 Junction Blvd

6 Units2 StoriesBuilt in 1931

Building Information for 40-71 Junction Boulevard

Stories2Residences6Year Built1931Building Size20' x 80'Building Sq. Ft3,200 SFLot Size2,000 SF / 20' x 100'Building Age-Building Type-

Property Information for 40-71 Junction Boulevard

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 11
  • MLS District Code: 4
  • Tax Block: 1605
  • Tax Lot: 40
  • Property Attached: Yes
  • Structure Type: true
  • Levels: Two
  • New Construction YN: No
  • Flood Zone Report: 1
  • Flood Zone Date: 2024-11-14
  • Square Footage Source: Floor Plan
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Queens 24
  • Elementary School District: Queens 24
  • Middle Or Junior School District: Queens 24
  • Middle Or Junior School: Civic Leadership Academy
  • High School District: Queens 24
  • High School: Aviation Career And Tech High School
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Building Units Total: 4
Room Information
Room 1 Information
  • Room Level: Second
  • Room Type: Additional
  • RoomDescription 1: .
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 01605-0040
  • Tax Map Number: 01605-0040
Interior and Exterior Features
Interior Features
  • Amenities: Public, Two Story
  • Number Of Kitchens: 4.0
  • Total Rooms: 15
  • Living Area: 3200.0
  • Living Area Units: Square Feet
  • Basement: Full
  • Fireplaces Total: 0
  • Location Amenities: 2 Story, Exposure West
  • Common Walls: 2+ Common Walls
Exterior Features
  • Exterior Property Features: None
  • Elevation Certificate: No
  • Construction Materials: Brick
  • Direction Faces: West
Lot Information
  • Lot Size Dimensions: 20x100
  • Building Size: 20 X 80
  • Building Area Units: Square Feet
Parking
  • Parking Features: None
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: No
  • Cooling: None
  • Heating: Natural Gas, Steam
  • Heat Fuel Type: Natural Gas, Steam
  • Hot Water: Gas Stand Alone
  • Number Of Separate Gas Meters: 4
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 4
Green Features
  • Green Features: Natural Gas, Steam

Property History for 40-71 Junction Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 40-71 Junction Boulevard

Taxable ValueLand$8,550Additions$463,500Total$472,050
Home Facts
Total Finished SqFt4,800 SqFtLot Size2,000 SqFtYear Built1931ZoningR6BAPN4016050040

Schools near 40-71 Junction Boulevard

This home is within New York City Geographic District #24.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 19 Marino Jeantet
PublicPK to 5

Is 61 Leonardo Da Vinci
Public6 to 8

John Bowne High School
Public9 to 12

Voyages Preparatory
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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40-71 Junction Boulevard is a multi-family home for sale in South Corona. This property was listed for sale on November 4, 2024 by EXP Realty, it's currently listed at $1,500,000. This listing's school district is New York City Geographic District #24. Nearby schools include P.S. 19 Marino Jeantet, Is 61 Leonardo Da Vinci and John Bowne High School. 40-71 Junction Boulevard is a 7-bed, 4-bath, 3,200 sqft multi-family home built in 1931.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty

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