Three-Tenant Retail
For Sale
Contact for pricing
35-38 Junction Boulevard, Corona, NY 11368
Ground-floor retail condominium with full occupancy, long-term leases, and separate condo units across three tax lots.
Property Size8,100 SF
Price / SF$802.47
Days on Market8
Property Features for 35-38 Junction Boulevard
General Information
Standard status
Active
Size
8,100 SF
Property subtype
Retail
Zoning
C1-4
Occupancy
100%
Lease Type
Modified
Net Operating Income
$507,832
Additional Details
Floor
Ground
Frontage
65 ft
Building Details
Year Built
2006
Buildings
1
Units
3
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Manhattan
(212) 430-5229
Listed By:
Scott Plasky · License #NY 40PL1176852
Source:
Crexi
Added: Jul 28
Changed: Aug 3
Last Checked: Aug 3 at 6:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Manhattan
Investment Insights
Based on property information with market context.
This 8,100 SF ground-floor retail condominium occupies the base of an 83-unit residential building completed in 2006. The property is divided into three separate condo units across three tax lots, with all three spaces occupied under long-term leases. Lease economics include 3% annual rent increases, while tenants reimburse their pro rata share of real estate taxes. The property is zoned C1-4.
The building presents 65 feet of contiguous frontage along Junction Boulevard in Corona, Queens. It is located two blocks from the Junction Boulevard subway station serving the 7 train and sits along a heavily traveled retail corridor with strong foot traffic. The address is 35-38 Junction Boulevard, Corona, NY 11368.
The building presents 65 feet of contiguous frontage along Junction Boulevard in Corona, Queens. It is located two blocks from the Junction Boulevard subway station serving the 7 train and sits along a heavily traveled retail corridor with strong foot traffic. The address is 35-38 Junction Boulevard, Corona, NY 11368.
Key Highlights
- 8,100 SF ground‑floor retail condominium
- 100% occupied by 3 tenants on long‑term leases
- 3% annual rent increases
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6,291
Businesses Nearby
327k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 36%
Dining 34%
Shops & Services 26%
Electronics 2%
Food Bazaar Supermarket
Groceries
60,054 visits/mo
0.1 miles
Key Food Supermarkets
Groceries
20,764 visits/mo
0.5 miles
McDonald's
Dining
19,135 visits/mo
0.2 miles
KFC
Dining
18,428 visits/mo
0.5 miles
Speedway
Shops & Services
15,765 visits/mo
0.3 miles
Demographics for 11368, NY
117,110
Population
31,165
Households
3.8
Avg Household Size
34
Median Age
14%
College-Educated
65%
High-School Grad
2.6 sq mi
ZIP Area
45,042
Density / Sq Mi
$71,798
Median Household Income
$33,742
Median Earnings
$1,925
Median Rent
$751,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Ground-floor retail condominium with full occupancy, long-term leases, and separate condo units across three tax lots.
Where is this retail space located?
The property is located at 35-38 Junction Boulevard Corona, NY.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 8,100 SF ground‑floor retail condominium; 100% occupied by 3 tenants on long‑term leases; 3% annual rent increases
