Dennis Barr - John J Lease Realtors Logo
$4,299,000
( $1148.24Per Sq Foot )
 $23,078 est/mo Sourced by Back At You

9601 Northern Boulevard,Corona, NY 11368

Corona, NY 11368

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Description

Rare opportunity to acquire a high-performing income-producing asset with exceptional redevelopment potential on Northern Boulevard in the heart of Corona, Queens. The property includes a well-established laundromat generating approximately $600,000 in annual gross revenue and is currently operated under absentee ownership, offering immediate cash flow with significant upside for an owner-operator or experienced investor. The business presents substantial value-add opportunities through operational improvements, equipment upgrades, expanded wash-and-fold or pickup/delivery services, and extended operating hours, providing the potential to further increase revenue and profitability. In addition to the existing income stream, the property offers approximately 12,000± square feet of additional buildable area (subject to purchaser's independent verification of zoning and development potential), making it an attractive opportunity for developers, builders, and long-term investors seeking future expansion or redevelopment.

Details

MLS #1029353
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1929
Days On Site37
Listing Provided ByVision Homes Real Estate LLC | Avnish Kumar

Features

SQ Feet3,744
BasementY
ZoningR6aC2-4
Acreage0.09

Interior

CoolingCentral Air
HeatingNatural Gas

Exterior

Construction MaterialsStucco

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value424800
Tax Annual Amount40740.12

Area Information

StateNY
CountyQueens
CityCorona
Zip Code11368
Listing VS Median (in 11368)
Price:
$4,299,000
low | high
Med:
$1,044,000
100% of Average
sqft:
3,744
low | high
Med:
1,706
100% of Average
$ / sqft:
$1,148
low | high
Med:
$635
94.694459466056% of Average
On site:
37
low | high
Med:
486
7.61316872428% of Average
Sourced by Back At You

Market Activity 11368

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Learn More About This Property

Dennis Barr

Dennis Barr

John J Lease REALTORS

 (845) 527-5125dennybarr@johnjleaserealtors.com
StateNY
CountyQueens
CityCorona
Zip Code11368
Listing VS Median (in 11368)
Price:
$4,299,000
low | high
Med:
$1,044,000
100% of Average
sqft:
3,744
low | high
Med:
1,706
100% of Average
$ / sqft:
$1,148
low | high
Med:
$635
94.694459466056% of Average
On site:
37
low | high
Med:
486
7.61316872428% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $3.224M - $5.373M
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
9904 Northern Boulevard Property Photo 1
$2,399,999
9904 Northern Boulevard
Corona, NY 11368
97-10 34th Avenue Property Photo 1
$1,299,000
97-10 34th Avenue
Corona, NY 11368
99-15 Northern Boulevard Property Photo 1
$14,750
99-15 Northern Boulevard
Corona, NY 11368
Listing Updated: July 23, 2026 at 2:27:20 AM PDT

Dennis Barr - John J Lease Realtors