$1,390,000
124-15 18th Avenue
College Point, NY 11356
—
Beds
—
Baths
—
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.
Property Details
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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
Courtesy of Prospes Real Estate Corp




