New Listing - 07/22/2026
9601 Northern Boulevard, Corona, NY, 11368
1929
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.
Status:
Active
Type:
Commercial
Heating:
Natural Gas
Cooling:
Central Air
Basement:
Unfinished
Acreage:
0.09
Est. Taxes:
$40,740
Assessment
$424,800
Construction
Stucco
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
School District:
Contact Agent
Days on Market:
1
MLS #:
1029353
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Vision Homes Real Estate LLC 718-480-1231