Back 40 Junction Boulevard
Off Market

40 Junction Boulevard

New York NY 11368

7
4
3200 sq. ft.
2000 sq. ft.
Duplex
Last sold for $1,750,000
Rong Xu YuRong Xu Yu, last sold this property on 22 December 2025 after 1532 days on market.

Overview

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.

Features

7 bedrooms
4 bathrooms
3200 sq. ft. floor area
2000 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar 7 bedroom duplexes sold in New York over the last 12 months, the estimated median property value of 40 Junction Boulevard is $1.42m.

Median value
$1.42m
Estimated value range
$760k - $1.75m
Median days on market
58
Estimated value trend
-12%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in New York. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 40 Junction Boulevard

2025
Sold
$1,750,000
22 Dec 2025 by Rong Xu Yu, of eXp Realty, LLC (E - SR12 - New York - Brooklyn - Realtor)

Happy sellers in New York

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We have insufficient information to provide an overview of customer satisfaction for New York. Viewing the agent profiles, reviews and sales for New York can provide insights for this location.

Local market activity for 7 bedroom duplexes in New York

In the last 12 months, 8 seven-bedroom duplexes similar to 40 Junction Boulevard, have been sold.

This represents a 350% decrease in seven-bedroom duplexes sales when compared to the previous 12 months.

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