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$1,490,000
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Property Description
Located near Flushing, in the heart of College Point, this income-producing property features two functional warehouse units. The first unit - approximately 1,200 square feet - is currently leased to a fabric goods distributor. The second, about 2,000 square feet, operates as a refrigerated goods warehouse and active business space. Together, they generate a solid annual rental income of around $87,000, with total yearly expenses of approximately $28,000. This property offers steady cash flow, flexible usage, and a prime Queens location, making it an excellent investment opportunity for those seeking long-term stability and growth.
Full Property Details
Full Property Details for 124-09 18th Ave
General
- Price: $1,490,000
- Taxes: $19,075
- Status: Active
- Type: Warehouse
- Source: Long_Island
- MLS ID: 930002
- Updated: 10/29/2025
- Added to Site: 82 day(s) ago
Business
- Business Type: Distribution, Food & Beverage, Warehouse
Location
- County: Queens
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Hot Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Detached/Attached: Attached
- Construction: Block
- Building Size: 3185
- Square Feet: 3,185
- Year Built: 1961
Lot Features
- Lot Size (Acres): 0.0987
- Lot Size (Sq. Ft.): 4,300
Financial Considerations
- Tax Amount: $19,075.16
Disclosures and Reports
- Special Conditions: None
- Property ID: 04088-0040
Listed by RE/MAX Frontier
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Schools
Schools serving 124-09 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 |
Flushing High School 35-01 Union St, Queens, NY 11354 | 9-12 | 1.5 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 124-09 18th Ave
Date
Details
Price
Change
Source
10/29/2025
Listed
$1,490,000
49%
MLS
7/30/2012
Sold
$1,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 124-09 18th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,246
1%
$178,830
-1%
2024
$19,075
1%
$180,450
1%
2023
$18,970
1%
$179,100
1%
2022
$18,875
2%
$177,300
2%
2021
$18,527
10%
$173,250
2%
2020
$16,785
3%
$170,100
4%
2019
$16,321
8%
$164,250
1%
2017
$15,044
—
$162,900
3%
2017
$15,044
4%
$158,400
12%
2016
$14,483
1%
$140,850
-5%
2015
$14,317
9%
$148,050
12%
2014
$13,089
8%
$132,750
-2%
2013
$12,134
—
$135,385
—
Disclaimer: Historical tax 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 124-09 18th Ave
12409 18th Avenue, College Point, NY 11356 (MLS# 930002) is a Warehouse property. 12409 18th Avenue is currently listed for $1,490,000 and was received on October 29, 2025. Want to learn more about 12409 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.

