New York City  »  11368  »  Junction Blvd  »  4050 Junction Blvd

40-50 Junction Boulevard, Corona, NY 11368 - Property report

Also known as: 40-50 Junction Blvd

Property image for 40-50 Junction Boulevard, Corona, NY 11368
static Mapbox map

Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Year built

1987

Lot sq. ft.

2,425

Sale price

$2,500,000

General information

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Address
Primary address
40-50 Junction Boulevard
ZIP code
11368
Neighborhood
Elmhurst
Borough
Queens
Block & lot
01596-0032

Owner

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Building
Property type
Single or Multiple Dwelling with Stores or Offices (S9)
Building sq. ft.
5,050
Building dimensions
25 ft x 54 ft
Buildings on lot
1
Stories
3
Year built
1987
Building material
Sales
Sale date
03/29/2023
Sale price
$2,500,000
Tax
Tax year
2026-2027
Property tax
$44,316
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
4
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 98 ft
Lot sq. ft.
2,425

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
74 /100.  Very Bikeable
School district
24
Community district
4
Closest police station
0.17 Miles
Closest fire station
0.20 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 40-50 Junction Boulevard, Corona, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 40-50 Junction Boulevard, Corona, NY 11368

Sale date Sale price Buyer name Seller name
03/29/2023 $2,500,000 XXXX XXXXXX XXXXXXX, XXX XX-XX XXXXXXXX XXXX XXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/07/2023 - R Initial UCC1
(2023040700151005)		 XXXX XXXXXX XXXXXXX XXX XXXXXXXX XXXX
04/07/2023 - R
03/29/2023 - D		 Assignment of Leases and Rents
(2023040700151004)		 XXXX XXXXXX XXXXXXX XXX XXXXXXXX XXXX
04/07/2023 - R
03/29/2023 - D		 Mortgage
(2023040700151003)		 XXXX XXXXXX XXXXXXX XXX XXXXXXXX XXXX
04/07/2023 - R
03/29/2023 - D		 Deed
(2023040700151001)		 XXXX XXXXXXXX XXXX XXX XXXX XXXXXX XXXXXXX XXX
05/19/2011 - R
04/01/2011 - D		 Satisfaction of Mortgage
(2011050100012001)		 XXXX XXXXXXXX XXX X XXX X XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
01/05/1989 - R Mortgage
(4400002526540)		 XXXX XXXXXXXX XXXXXXX XXXXXXX XXX XX XXXX
01/05/1989 - R Deed
(4390002526539)		 XXXXXX XXXXXXXXXXX XX XXXX XXXXXXXX XXXXXXX
12/02/1988 - R Satisfaction of Mortgage
(4110002516811)		 XXXXXX XXXXXXXXXXX XXXX XXXXXXXX XXX
12/02/1988 - R Satisfaction of Mortgage
(4100002516810)		 XXXXXXX XXX XXXXXXX XXXXXXX XXXX
07/24/1986 - R Mortgage
(4840002220884)		 XXXXXX XXXXX XXXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 40-50 Junction Boulevard, Corona, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$44,316
Municipal exemptions
Recent tax assessments
Market value
$1,319,000
Assessed value
$593,550

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $1,099,000 $494,550 $356,265 12.439% $44,316 $44,316 +2.69%
2024/25 $921,600 $414,720 $345,224 12.5% $43,153 $43,153 +7.98%
2023/24 $768,000 $345,600 $319,652 12.502% $39,963 $39,963 +10.07%
2022/23 $741,000 $333,450 $295,974 12.267% $36,307 $36,307 +8.28%
2021/22 $609,000 $274,050 $274,050 12.235% $33,530 $33,530 -8.80%
2020/21 $666,000 $299,700 $299,700 12.267% $36,764 $36,764 -15.24%
2019/20 $772,800 $347,760 $347,760 12.473% $43,376 $43,376 -8.49%
2018/19 $966,000 $434,700 $375,840 12.612% $47,401 $47,401 -0.10%
2017/18 $829,000 $373,050 $373,050 12.719% $47,448 $47,448 +6.36%
2016/17 $769,000 $346,050 $346,050 12.892% $44,613 $44,613 +4.46%
Permits

Permit information for 40-50 Junction Boulevard, Corona, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
04/25/2023 Lblvio-low pressure boiler boiler required
03/01/2013 Lblvio-low pressure boiler

*Most recent DOB violations on record for this property.

Neighborhood

Queens commercial market stats

Review a detailed real estate market overview of Queens and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Queens and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$458

1.2% Y-o-Y

Q1 2026 median price/sq. ft.

$434

-0.5% Y-o-Y

2025 median price/sq. ft.

$452

4.2% Y-o-Y

Check out recently sold homes in Queens and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Junction Blvd & Roosevelt Ave at SE Corner
Station lines
7
Distance (miles)
0.089
View subway map

Access the detailed traffic volume map for 40-50 Junction Boulevard, Corona, NY 11368 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 40-50 Junction Boulevard, Corona, NY

95-22 42nd Ave, Elmhurst 40-15 Warren St, Elmhurst 46-19 88th St, Elmhurst 95-20 42nd Ave, Elmhurst 95-23 43rd Ave, Elmhurst 95-06 Roosevelt Ave, Jackson Heights 90-32 43rd Ave, Elmhurst 42-10 Junction Blvd, Corona 94-76 Alstyne Ave, Elmhurst 40-42 Warren St, Elmhurst 95-18 42nd Ave, Elmhurst 92-09 Corona Ave, Elmhurst 40-06 Warren St, Elmhurst 40-67 95th St, Elmhurst 40-69 94th St, Elmhurst 43-43 91st Pl, Elmhurst 94-67 Corona Ave, Elmhurst 94-74 Junction Blvd, Elmhurst 95-40 Roosevelt Ave, Jackson Heights 40-08 Warren St, Elmhurst

Nearby ZIP codes for 40-50 Junction Boulevard, Corona, NY

11354, New York City, NY 11355, New York City, NY 11356, New York City, NY 11357, New York City, NY 11358, New York City, NY 11367, New York City, NY 11369, New York City, NY 11370, New York City, NY 11371, New York City, NY 11372, New York City, NY 11373, New York City, NY 11374, New York City, NY 11375, New York City, NY 11377, New York City, NY 11379, New York City, NY 11415, New York City, NY 11418, New York City, NY 11421, New York City, NY 11424, New York City, NY

Frequently asked questions

What is the year built for 40-50 Junction Boulevard, Corona, NY 11368?

The development at 40-50 Junction Boulevard, Corona, NY 11368 was built in 1987.

What is the market value of 40-50 Junction Boulevard, Corona, NY 11368?

The current market value of 40-50 Junction Boulevard, Corona, NY 11368 is $1,319,000.

What is the total square footage of 40-50 Junction Boulevard, Corona, NY 11368?

40-50 Junction Boulevard, Corona, NY 11368 has a total of 5,050 square feet.

What is the price per square foot for this property?

$495 per square foot is the price for 40-50 Junction Boulevard, Corona, NY 11368.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 4.

Disclaimer

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