Home » Real Estate » NY » College Point » 11356 » 124-15 18th Avenue, College Point, NY, 11356
$1,500,000

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

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. 11x9. 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.
Offered By
Fatima Smith AHWD, BERKSHIRE HATHAWAY

Property Details

Property Type Commercial
Status Active
Property Sub Type Industrial
MLS # 967597

Market Trends

New Properties On Market
27
4% Decrease In New Listings
Average Asking Price
$961,356
$166,522 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$702
$242 Increase In List Price/Sq. Ft.
Average Days On Market
6
14 Day Decrease In Days On Market
Data as of Jun 04, 2026. Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.

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