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3538 Junction Blvd
Corona, NY 11368 Jackson Heights

$6,830,000 USD

Apartments Condo For Sale  •  8,150 SF

Property Details

  • Property Type Apartments
  • Total Building Size 57,570 SF
  • Lot Size 0.33 AC
  • Building Class C
  • Year Built 2006
  • Zoning R6A / C3
100 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit Retail Retail 8,150 SF $6,830,000 USD
  • Unit Size: 8,150 SF
  • Condo Use: Retail
  • Price: $6,830,000 USD
  • Sale Type: Investment
  • Price/SF: $838.04 USD
Sale Notes
The subject offering is an 8,100-square-foot, three-unit ground floor retail condo located at the base of an 83-unit, seven-story condominium
building on Junction Boulevard in Corona (Queens). 

The property has 65 feet of contiguous retail frontage on Junction Blvd, one of the best and most heavily traveled retail corridors in all of Queens. The property is 100 percent occupied with three tenants. All three tenants have long-term leases, three percent annual increases and they all reimburse for their proportionate shares of real estate taxes.

The offering consists of three separate tax lots, and three separate condo units.
The property is located just two blocks from the Junction Blvd Subway Station (7 Train) on the corner of Junction Blvd and Roosevelt Avenue, a street lined with national retail tenants.

Highlights

An 8,100 SF Ground Floor Retail Condominium at Base of 83-Unit Residential Building
100 Percent Occupied With Three Tenants on Long-Term Leases
65 Feet of Contiguous Frontage on Junction Boulevard
Located Two Blocks From Junction Blvd Subway Station (7 Train)
Situated on One of Queens’ Busiest Retail Corridors with Strong Foot Traffic

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Tenant Controlled HVAC
  • Walking/Biking Trails
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Woodside Station (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road) 5 min - 2.0 mi
Mets-Willets Point Station (Port Washington Branch - Long Island Rail Road) 7 min - 2.2 mi
Transit/SubwayDriveWalkDistance
Junction Boulevard (7 - New York MTA Subway (The Subway)) 0 min 5 min 0.2 mi
90 Street-Elmhurst Avenue (7 - New York MTA Subway (The Subway)) 1 min 8 min 0.4 mi
103 Street-Corona Plaza (7 - New York MTA Subway (The Subway)) 1 min 12 min 0.6 mi
82 Street-Jackson Heights (7 - New York MTA Subway (The Subway)) 2 min 16 min 0.8 mi
111 Street (7 Line) (7 - New York MTA Subway (The Subway)) 2 min 19 min 1.0 mi
AirportDriveWalkDistance
LaGuardia 5 min - 1.7 mi
John F Kennedy International 16 min - 11.4 mi
Newark Liberty International 34 min - 21.8 mi
Scott Plasky 917-539-0402 Marcus & Millichap
Scott Plasky 917-539-0402 Marcus & Millichap