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. 12x12.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.
Listing By
Agency Name: BERKSHIRE HATHAWAY
Agency Contact: 516-741-3070
Shown By
Agent Name: Marissa Gouldsbury
Agent Phone: Cell: (631) 338-5465
Agency Title: Howard Hanna | Coach Realtors
124-15 18th Avenue | MLS# 967597
This commercial property located at 124-15 18th Avenue, College Point, NY 11356 is currently listed for sale with an asking price of $1,500,000. Search College Point real estate on mgouldsbury.coachrealtors.com today.