24 JULY 22, 2021 RIDGEWOOD TIMES WWW.QNS.COM
Three-story building in Corona sells for $3.16 million
Under $600,000
62-48 60th Place Unit 3C
$598,000
Condo
2 bedrooms, 2 bathrooms
Wioletta Bednarczuk, Sold By Bart
R E Partners Inc
$600,000-$1,000,000
62-68 60th St.
$718,888
Single Family
3 bedrooms, 1 bathroom
Sonia Juran Kulesza and Ahmed
Duraliev, Werba Realty LLC
Over $1,000,000
61-57 Gates Ave.
$1,149,000
Multi-Family
5 bedrooms, 2 bathrooms
Joseph Crifasi, Crifasi Real Estate
Inc
Under $600,000
90-60 Union Tpke. Unit 4D
$345,000
Cooperative
2 bedrooms, 1 bathroom
Michal Marek and Bartosz Olszewski,
Sold By Bart R E Partners Inc
$600,000-$1,000,000
78-48 78th St.
$649,999
Single Family
3 bedrooms, 1 bathroom
Kaszuba Jaroslaw, Exit All Seasons
Realty
Over $1,000,000
68-03 Central Ave.
$1,200,000
Multi-Family
5 bedrooms, 3 bathrooms
Ronald Ferrara, Keller Williams
Landmark II
Under $600,000
52-21 65th Place Unit 6K
$335,000
Cooperative
1 bedroom, 1 bathroom
Elisa Bonavita and John Pierre
Morales, Daniel Gale Real Estate
$600,000-$1,000,000
52-39 69th Place
$849,000
Single Family
3 bedrooms, 2 bathrooms
Ronald Ferrara, Keller Williams
Landmark II
Over $1,000,000
59-60 61st St.
$1,299,000
Multi-Family
5 bedrooms, 3 bathrooms
Vincent O Connell, RE/MAX
Team
Under $600,000
71-09 Juniper Valley Road Unit 1A
$599,000
Condo
2 bedrooms, 1 bathroom
John Amore, Prime Realty
$600,000-$1,000,000
69-30 79th St.
$699,000
Single Family
3 bedrooms, 2 bathrooms
Agatha Lubas, RE/MAX City
Square
Over $1,000,000
66-77 73rd Place
$1,028,000
Multi-Family
4 bedrooms, 3 bathrooms
Mitra Hakimi and Etan
Hakimi, Mitra Hakimi Realty Group
LLC
REAL ESTATE
BY PAUL JUNIOR PRUDENT
EDITORIAL@QNS.COM
@QNS
The demand for free-market
properties in well-located areas
continues to surge in Corona.
B6 Real Estate Advisors have announced
the sale of a fully occupied, 100
percent free market three-story building
— a mixed-use, nearly 11,000-squarefoot
building located on the corner of
51st Avenue and Corona Avenue — for
$3.16 million.
The property, located at 106-20 Corona
Ave., consists of three retail tenants,
two of which are restaurants that
remained open through the pandemic,
Don Alex and Paraiso Colombiano, and
a clothing shop, Irene’s Fashion. It also
consists of six residential units and onsite
parking with seven spaces.
“This deal speaks volumes about the
market and our process,” Vice Chairman
and Partner of B6 Thomas Donovan
said. “This was sold and marketed
at the height of the pandemic, and we
sold it for 97 percent of the asking price.”
According to multiple real estate
agencies, that building is situated in a
prime corner and highly visible location
in the busiest retail hub of Corona.
The building is across the street from
the Park Side Restaurant, a renowned
iconic Italian restaurant. The restaurant
tenants stay open and survive through
the devastating impact of the pandemic
on local businesses.
They were both able to continue
servicing the community and stay in
business. They off ered outdoor dining
options during that period.
The property is also in the proximity
of Flushing Meadows Corona Park.
While it is located in a high-traffi c and
busy location, the building consists of
apartments that would be considered
large for the area with below-market
rents.
“The building is ideal for families who
want to be located in central Queens,”
Donovan said. “The apartments were all
legal free-market units, and therefore
makes the building a rare fi nd.”
Commuters going to the city or out on
Long Island don’t have to drive very far
to get on the highway.
The building is a 40-minute trip time
to Penn Station via the 7 train and Long
Island Railroad. The Corona Avenue
and 51st Avenue bus stop is right across
the street from the property on William
F. Moore Park. The Long Island Expressway
is also just a half-mile away.
According to Donovan, the property
was priced “appropriately,” and
his group was able to identify the best
buyer as well. He said his group has a
business plan that works, and that has
been using that plan for a long time.
Ridgewood Times Sales Guide
Listings selected at random. Courtesy MLS
RIDGEWOOD GLENDALE MASPETH MIDDLE VILLAGE
Gates Avenue 78th Street 69th Place 79th Street
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