124-15 18th Avenue, College Point, NY, 11356
1961
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.
Status:
Active
Type:
Commercial
Units:
2
Heating:
Oil
Cooling:
Wall/Window Unit(s)
Acreage:
0.1
Est. Taxes:
$19,553
Assessment
$184,050
Construction
Brick
Utilities
Electricity Connected, Sewer Connected, Water Connected
Days on Market:
3
MLS #:
967597
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of BERKSHIRE HATHAWAY 516-741-3070