JaspreetSingh
MLS#1029353
STATUSActive
PROPERTY TYPECommercial - Retail
SCHOOLContact Agent
Property 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.
Property Features
Property Type: Commercial - Retail
Basement: Unfinished
Basement: Yes
Cooling: Central Air
Heating: Natural Gas
Lot Size: 0.09 Acres
Taxes: $40,740
Year Built: 1929
Feature Descriptions
Building Area Total: 3744
Business Type: Laundromat
Days on Site: 3
Exterior: Stucco
On Market Date: 2026-07-22
Parcel Number: 01426-0041
Rental Term: Monthly
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Local Schools
School District: Contact Agent
Listed By / Shown By
Listing By
Agency Name: Vision Homes Real Estate LLC
Agency Contact: 718-480-1231
Shown By
Agent Name: Jaspreet Singh
Agent Phone: Cell: (347) 444-0651
Agency Title: Coldwell Banker American Homes
CONTACT ME
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9601 Northern Boulevard | MLS# 1029353
This commercial property located at 9601 Northern Boulevard , Corona, NY 11368 is currently listed for sale with an asking price of $4,299,000. Northern Boulevard is located within the Contact Agent school district. Search Corona real estate on jaspreetsingh.cbamhomes.com today.