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$1,500,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 124-15 18th Ave
General
- Price: $1,500,000
- Taxes: $19,553
- Status: Active
- Type: Industrial
- Source: Long_Island
- MLS ID: 967597
- Updated: Today (3/4/2026)
- Added to Site: Today
Business
- Business Type: Warehouse
Location
- County: Queens
- Cross Streets: 125th St
- Driving Directions: College Point Blvd to 18th Ave, corner of 18th Ave and 125th St
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Oil
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Entry Floor Number: 1
- Building Size: 3185
- Square Feet: 3,185
- Year Built: 1961
Lot Features
- Lot Size (Acres): 0.0987
- Lot Size (Sq. Ft.): 4,300
- Zoning: R4A
Financial Considerations
- Tax Amount: $19,553.28
Disclosures and Reports
- Special Conditions: None
- Property ID: 04088-0040
Listed by Berkshire Hathaway
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Schools
Schools serving 124-15 18th Ave
School District:New York City Geographic School District 25
| Name | Grades | Distance |
|---|---|---|
Ps 129 Patricia Larkin 128-02 7th Ave, Queens, NY 11356 | K-5 | 0.5 mi |
Jhs 194 William Carr 154-60 17th Ave, Queens, NY 11357 | 6-8 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 124-15 18th Ave
Date
Details
Price
Change
Source
3/04/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 124-15 18th Ave
124-15 18th Avenue, College Point, NY 11356 (MLS# 967597) is a Industrial property. 124-15 18th Avenue is currently listed for $1,500,000 and was received on March 04, 2026. Want to learn more about 124-15 18th Avenue? Do you have questions about finding other Industrial real estate for sale in College Point? You can browse all College Point real estate or contact a Coldwell Banker agent to request more information.

