Buy with Yoreevo
$1,470,000
List Price: $1,500,000
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40-71 Junction Boulevard
House in Corona •  building info
7bd • 4ba • 3,200ft² $469 per ft²
Buy with Yoreevo

$1,470,000

List Price

$1,500,000

Key Details
Days on market
7
Last price change
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Estimated payment
$9,689
Taxes
$1,156
Monthly maintenance
N/A
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 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.

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Building Amenities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,500,000
Asking Price: $1,500,000
Term
30 Years
Down Payment
$150,000 (10%)
Min: 10% (150,000)
Rate
6.5 %
Mortgage Amount
$1,350,000
Mortgage Payment
$8,533
Taxes
$1,156
Estimated Yoreevo rebate
$30,000
Estimated closing cost
$53,000
Total monthly cost $9,689
Buy your dream home with us and get an estimated $30,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of EXP Realty

Information ©2024, OneKey MLS. All rights reserved. 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.