124-15 18th AVE, College Point, NY 11356
124-15 18th AVE, College Point, NY 11356
124-15 18th AVE, College Point, NY 11356
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

+1(201) 240-5200
$ 1,390,000
Est. payment | /mo
Save
$ 1,390,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1064075

Rental Info No

Year Built 1961

Annual Tax Amount $19,702

Property Sub-Type Warehouse

Source onekey2

Property 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 1,100-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.

Location

State NY

County Queens

Interior

Heating Natural Gas

Cooling Ductless

Fireplace No

Exterior

Utilities Available Electricity Connected, Sewer Connected

Building

Sewer Public Sewer

Water Public

Structure Type Block

Schools

Elementary Schools Ps 129 Patricia Larkin

Middle Schools Jhs 194 William Carr

High Schools Queens 25

School District Queens 25

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Prospes Real Estate Corp • Tong Jiang CBR
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

Broker Associate

+1(201) 240-5200

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124-15 18th AVE

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