40-71 Junction Boulevard
Corona,
NY
11368
- For Sale
- NEW
- 7 Bedrooms
- 4 Full Baths
- 3200 SqFt
- Year Built 1931
- Multi Family
- ML# 3589301
Property Details
Overview
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.
Key Facts
- •SqFt: 3200.00
- •Style: Two Story
- •Lot Size: 0.05
- •Lot Sq Ft: 2000
- •Taxes: $13,869
- •School District#: 11
- •Zoning: R6B
•Block: 1605
- •Lot: 40
- •Construction Materials: Brick
- •Building Size: 20 X 80
- •Garage: 0.0
- •Parking Facilities: None
- •Bedroom: 7
- •Full Bath: 4
- •Other: 4
- •Heat: Natural Gas, Steam
- •A/C: None
- •Water: Public
- •Sewer: Public Sewer
Listing Information provided courtesy of
EXP Realty
888-276-0630
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