40-42 Junction Boulevard, Corona, NY

$1,980,000

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2,368

Square feet

0.06

Acres

About 40-42 Junction Boulevard

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.

Features of 40-42 Junction Boulevard

MLS® # 898388
Price $1,980,000
Bathrooms 0.00
Internal Footage 2,368
Square Footage 2526
Acres 0.06
Year Built 1931
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 40-42 Junction Boulevard
City Corona
County Queens
State NY
Zip Code 11368

Amenities

Utilities Electricity Connected, Natural Gas Connected, Water Connected
Is Waterfront No
Has Pool No

Interior

Heating Hot Water, Natural Gas
Cooling Multi Units, Wall/Window Unit(s)
Fireplace No
# of Stories 2
Has Basement Yes
Basement Finished

Exterior

Construction Aluminum Siding, Frame, Other

Additional Information

Date Listed August 8th, 2025
Days on Market 65
Short Sale No
RE / Bank Owned No

Listing Details

Listing Provided Courtesy ofSkylux Realty Inc
Contact Info718-500-2231

Listing Map

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