40-42 Junction Boulevard

2,368 Sq. Ft.
$739 / Sq. Ft.
2,368
Sq. Ft.
$739
per Sq. Ft.

Description

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...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.
  1. Listed by Fei Guo • Skylux Realty Inc
    P: (718)-500-2231 C: (516)-587-9113 fei@skyluxny.com

Property Details for 40-42 Junction Boulevard

City/Township
New York
Waterfront
No
Section Area
41st Ave
LISTING UPDATED: 12/23/2025 11:43 AM

Property Details for 40-42 Junction Boulevard

StatusSold
MLS ID899910
Days on Market57
Taxes$34,318 / year
Maintenance-
Min. Down Pymt-
Total Rooms6.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1931
Lot Size2,526 SF / 25' x 101'
CountyQueens County

Building

40-42 Junction Blvd

5 Units2 StoriesBuilt in 1931

Location

Listing Courtesy of Skylux Realty Inc

Sold By Skylux Realty Inc

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Building Information for 40-42 Junction Boulevard

Stories2Residences5Year Built1931Building Size25' x 25'Building Sq. Ft1,250 SFLot Size2,526 SF / 25' x 101'Building Age-Building Type-

Payment Calculator

$11,353 per month

30 year fixed, 6.11% Interest

Principal and Interest

$8,493

Property Taxes

$2,860

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 40-42 Junction Boulevard

Summary
Location and General Information
  • Senior Community YN: No
  • Directions: Please refer to Google Maps
  • Property Attached: No
  • Structure Type: false
  • State Or Province: NY
School Information
  • School District: Queens 24, Queens24
  • Elementary School District: Queens 24
  • Elementary School: Ps 19 Marino Jeantet
  • Middle Or Junior School District: Queens24
  • Middle Or Junior School: Is 61 Leonardo Da Vinci
  • High School District: Queens24
  • High School: Newtown High School
Unit Information
Unit 1 Information
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
Unit 2 Information
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
Unit Information
  • Number Of 1 Bedrooms: 0
  • Number Of 2 Bedrooms: 2
  • Number Of 3 Bedrooms: 0
  • Number Of 4 Bedrooms: 0
  • Building Units Total: 2
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 01596-0029
Interior and Exterior Features
Interior Features
  • Amenities: 1st Floor Bedrm, First Floor Full Bath, Other, Public
  • Interior Features: First Floor Bedroom, First Floor Full Bath, Other
  • Basement: Finished
  • Location Amenities: 1st Fl Master Bedroom
  • Foundation Details: Other, Brick/Mortar, Concrete Perimeter
  • Basement: Yes
Exterior Features
  • Elevation Certificate: No
  • Construction Materials: Aluminum Siding, Frame, Other
Lot Information
  • Building Area Units: Square Feet
Parking
  • Garage: No
  • Carport: No
Utilities
  • Cooling: Multi Units, Wall/Window Unit(s)
  • Heating: Hot Water, Natural Gas, Other
  • Heat Fuel Type: Hot Water, Natural Gas, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Green Features
  • Green Features: Hot Water, Natural Gas, Other
Agent
Payment and Rate
  • Down Payment Resource: No

Property History for 40-42 Junction Boulevard

DateEvent & SourcePriceAppreciationLink
Dec 22, 2025

Sold

ONEKEY #899910

$1,750,000——
Dec 22, 2025

Sold (Public Record)

ACRIS #2026010200260001

$1,750,000—
Oct 7, 2025

Contract Signed

ONEKEY #899910

——
Aug 11, 2025

Listed (Active)

ONEKEY #899910

$1,980,000——
DateEvent & SourcePrice
12/22/2025

Sold

ONEKEY #899910

$1,750,000
12/22/2025

Sold (Public Record)

ACRIS #2026010200260001

$1,750,000
10/07/2025

Contract Signed

ONEKEY #899910

—
08/11/2025

Listed (Active)

ONEKEY #899910

$1,980,000

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

Public Records for 40-42 Junction Boulevard

Taxable ValueLand$67,950Additions$305,550Total$373,500
Home Facts
Total Finished SqFt2,368 SqFtLot Size2,526 SqFtYear Built1931ZoningR6BAPN4015960029

Schools near 40-42 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

Newtown 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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Listing Courtesy of Skylux Realty Inc

Based on information submitted to the MLS GRID as of 12/23/2025 11:43 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.