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3,185 sqft

$1,390,000

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

Price per sqft$436.42
Built in1961
Property size3,185 sqft
Property typeCommercial
Courtesy of Prospes Real Estate Corp, Tong Jiang CBR Listing Contact: 718-321-2800

Overview

Active

Listed Oct 18, 2026

Updated 3h ago

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.

Other Property Details

Taxes
$19,702
Tax Frequency
Annually

Listings courtesy of OneKey MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 2:32 PM UTC on 10/20/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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