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New

$1,390,000

2 days on market

124-15 18th Avenue

College Point, NY 11356

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

1961

Built

Listing narrative

Description

Located in the heart of College Point, just minutes from Flushing, this well-maintained, income-producing industrial property offers an excellent investment opportunity in one of Queens’ key commercial corridors. The property features two functional warehouse units: an approximately 1,200-square-foot space leased to an established fabric goods distributor and an approximately 2,000-square-foot refrigerated warehouse with an active business operation. Both units are equipped with garage bay doors measuring approximately 11' x 9'. Together, the units generate approximately $87,600 in annual rental income, with estimated annual operating expenses of $28,000, offering attractive cash flow potential. With established tenants, versatile industrial space, and convenient access to major transportation routes and the Flushing market, this property presents an appealing opportunity for investors seeking steady income and long-term growth potential in Queens’ industrial sector.

Listing agent (MLS): Tong Jiang CBR · Listing brokerage (MLS): Prospes Real Estate Corp

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,390,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Warehouse

Home Size

Sqft n/a

Baths

Baths n/a

Year

1961

Status

New

Days on Market

2

· 8% down, 7% APR, 30yr fixed
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Courtesy of Prospes Real Estate Corp

124-15 18th Avenue, College Point | Keller New York