$1,500,000

124-15 18th Avenue, College Point, NY 11356

  • 3,185 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon4,299sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $471/sqft
  • Property List Date Icon Listed 22 days ago

Property Description

Located in the heart of College Point, just minutes from Flushing, this well-maintained, income-producing industrial property presents a strong investment opportunity in one of Queens’ most strategic commercial corridors. The property consists of two fully functional warehouse units. The first unit, approximately 1,200 square feet, is leased to an established fabric goods distributor. The second unit, approximately 2,000 square feet, is configured as a refrigerated warehouse and active business operation. Both warehouse spaces offer garage bay doors, approx. 11x9. Combined, the units generate approximately $88,000 in annual rental income, with total operating expenses of roughly $28,000 per year, delivering reliable cash flow and attractive returns. With stable tenancy, flexible industrial use, and a prime College Point location near major transportation routes and the Flushing market, this property offers both immediate income and long-term upside for investors seeking durability and growth in the Queens industrial sector.

Listing Status:
Active
Data Last Updated:
March 26, 2026 at 1:20PM
Listing Office:
BERKSHIRE HATHAWAY : 516-741-3070
MLS ID:
967597
  • A/C: Wall/Window Unit(s)
  • Heating: Oil
  • Originating MLS: onekey2
  • County: Queens
  • Zoning: R4A04088-0040
  • Utilities: Electricity ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of BERKSHIRE HATHAWAY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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