The Bryan Karp Team
MLS#1064075
STATUSActive
PROPERTY TYPECommercial - Warehouse
SCHOOLQueens 25
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 1,200-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 Features
Property Type: Commercial - Warehouse
Cooling: Ductless
Heating: Natural Gas
Taxes: $19,702
Year Built: 1961
Feature Descriptions
Building Area Total: 3185
Business Type: Warehouse
Exterior: Block
Heating Zones: 2
On Market Date: 2026-10-18
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: Electricity Connected, Sewer Connected
Water: Public
Local Schools
High School: Flushing High School
Middle School: Jhs 194 William Carr
Elementary School: Ps 129 Patricia Larkin
School District: Queens 25
Listed By / Shown By
Listing By
Agency Name: Prospes Real Estate Corp
Agency Contact: 718-321-2800
Shown By
Agent Name: Bryan Karp
Agent Phone: (631) 759-5277
Agency Title: Coldwell Banker American Homes
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124-15 18th Avenue | MLS# 1064075
This commercial property located at 124-15 18th Avenue , College Point, NY 11356 is currently listed for sale with an asking price of $1,390,000. 124-15 18th Avenue is located within the Queens 25 school district. Search College Point real estate on www.soldbybryan.com today.