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$2,795,000 Just Listed
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Property Description
Rarely available mixed-use gem in the heart of Elmhurst, offering a ground-floor Deli storefront and two oversized residential units above. This well-maintained 3-story property features building dimensions of 23x48 on a 25x100 lot, providing generous interior space. Both the second and third floors are configured as spacious 3-bedroom, 2-bathroom apartments, each featuring a full kitchen, dining area, and living room. The property also includes a high-ceiling basement with a convenient separate entrance. Delivered entirely vacant. Ideally situated on a major commercial thoroughfare, it is just minutes away from the E, M, R, F,subway lines, Queens Center Mall, and premier supermarkets. Zoned R5, R6A, and C1-2 with exceptionally low annual taxes of only $7,146 . Currently operating at a 6% CAP with a clear trajectory to 7%+.
Full Property Details
Full Property Details for 56-07 Junction Blvd
General
- Price: $2,795,000
- Taxes: $7,146
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 997208
- Updated: 5/8/2026
- Added to Site: 1 day(s) ago
Parking
- Parking Features: Off Street
Location
- County: Queens
School Information
- High School District: Queens24
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement
- Building Size: 3312
- Square Feet: 3,312
- Year Built: 1972
Financial Considerations
- Tax Amount: $7,146
Disclosures and Reports
- Special Conditions: None
Listed by New Group Realty Inc
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Schools
Schools serving 56-07 Junction Blvd
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Ps 13 Clement C Moore 55-01 94th St, Queens, NY 11373 | K-5 | 0.1 mi |
Is 93 Ridgewood 66-56 Forest Ave, Queens, NY 11385 | 6-8 | 2.9 mi |
Joseph F Quinn Intermediate School 77 976 Seneca Ave, Queens, NY 11385 | 6-8 | 3.2 mi |
John Bowne High School 63-25 Main St, Queens, NY 11367 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 56-07 Junction Blvd
Date
Details
Price
Change
Source
5/08/2026
Listed
$2,795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 56-07 Junction Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,233
—
$37,532
4%
2025
$7,233
6%
$36,014
-53%
2024
$6,824
6%
$76,620
139%
2023
$6,438
—
$32,054
-52%
2022
$6,457
-2%
$67,260
11%
2021
$6,582
4%
$60,480
-4%
2020
$6,353
6%
$63,120
15%
2019
$5,993
7%
$54,900
106%
2018
$5,588
3%
$26,712
1%
2017
$5,401
4%
$26,496
2%
2016
$5,210
7%
$26,064
4%
2015
$4,890
14%
$25,010
6%
2014
$4,272
6%
$23,595
6%
2013
$4,020
—
$22,260
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 56-07 Junction Blvd
5607 Junction Blvd, Elmhurst, NY 11373 (MLS# 997208) is a Commercial property. 5607 Junction Blvd is currently listed for $2,795,000 and was received on May 08, 2026. Want to learn more about 5607 Junction Blvd? Do you have questions about finding other Commercial real estate for sale in Elmhurst? You can browse all Elmhurst real estate or contact a Coldwell Banker agent to request more information.

