18 days on rocket

40-71 Junction Blvd, Corona, NY, 11368

$1,500,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
4 Full Baths
3,200 SqFt
$469/SqFt
Multi

Location

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40-71 Junction Blvd, New York$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1931
HeatingNatural Gas, Steam
CoolingNone
BasementYes
MLS #3589301
Lot Size0.05 Acres
StatusActive
(A)

About 40-71 Junction Blvd

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

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1931
  • Living Area: 3,200 SqFt

Listing Office:

  • Office Name: EXP Realty
  • Office Phone: (888) 276-0630

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Steam
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $469/SqFt
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

40-71 Junction Blvd vs New York

18 DAYS ON ROCKET

-66 Days

$1,500,000

+$643.8K More

$469/SqFt

-$176 Less

KEY TAKEAWAY

This property is $643.8K more than the Median Sold Price and $176/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3589301

Listing Office:

  • Office Name: EXP Realty
  • Office Phone: (888) 276-0630

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

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.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/23/2024, 6:11:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-947149
4
/10

  • Elm Tree Elementary School

  • 5051 98th St

  • 0.20 miles

  • Public District Grades PK-5

school-card-donut-947150
4
/10

  • PS 110

  • 4318 97th Pl

  • 0.22 miles

  • Public District Grades KG-5

school-card-donut-947151
6
/10

  • P.S. 13 Clement C. Moore School

  • 5501 94th St

  • 0.35 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,922. Residents of New York, NY typically earn less than $35k each year. Most families are married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Queens County›New York›11368›40-71 Junction Blvd

This home is located at 40-71 Junction Blvd in Corona, NY and zip code 11368 in the Northwestern Queens neighborhood. This 3,200 square foot home, which was built in 1931, sits on a 0.05 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $1,500,000.

New York, NY housing market in October 2024 saw over 269 listings sold above listed price, more than 850 sold at listed price and over 833 sold below. Between September 2024 and October 2024, New York, NY real estate market has seen increase in the number of listings by 1.8%. Listings spent 84 days on the market in October 2024, and had a median list price of $856,124 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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