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$1,390,000 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 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.
Full Property Details
Full Property Details for 124-15 18th Ave
General
- Price: $1,390,000
- Taxes: $19,702
- Status: Active
- Type: Warehouse
- Source: Long_Island
- MLS ID: 1064075
- Updated: Today (10/18/2026)
- Added to Site: Today
Business
- Business Type: Warehouse
Location
- County: Queens
- Cross Streets: 125th Street
- Driving Directions: Off 20th Ave. to 125th St. Googlemap
School Information
- High School District: Queens 25
- Elementary School: Ps 129 Patricia Larkin
- Middle School: Jhs 194 William Carr
- High School: Flushing High School
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Natural Gas
- Heating Zones: 2
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected
Structural Information
- Detached/Attached: Attached
- Construction: Block
- Building Size: 3185
- Square Feet: 3,185
- Year Built: 1961
Financial Considerations
- Tax Amount: $19,702
Disclosures and Reports
- Special Conditions: None
- Block: 4088
- Lot Number: 40
Listed by Prospes Real Estate Corp
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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 ATTOM Data Solutions 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
10/18/2026
Listed
$1,390,000
—
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# 1064075) is a Warehouse property. 124-15 18th Avenue is currently listed for $1,390,000 and was received on October 18, 2026. Want to learn more about 124-15 18th Avenue? Do you have questions about finding other Warehouse 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.

