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Nicole Fernandez
Licensed Real Estate Salesperson
REALTOR®
(516) 640-8227

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

$1,500,000
  • 124-15 18th Avenue, College Point, NY 11356 Main Photo

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Nicole Fernandez
Call: (516) 640-8227
Text: (516) 640-8227

New to the Market
MLS#967597
STATUSActive PROPERTY TYPECommercial - Industrial

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.

124-15 18th Avenue | MLS# 967597

This commercial property located at 124-15 18th Avenue, College Point, NY 11356 is currently listed for sale with an asking price of $1,500,000. Search College Point real estate on nicolefernandez.laffey.com today.

Property Features

Property Type: Commercial - Industrial
Cooling: Wall/Window Unit(s)
Heating: Oil
Lot Size: 0.10 Acres
Taxes: $19,553
Year Built: 1961

Feature Descriptions

Building Area Total: 3185
Business Type: Warehouse
Cap Rate: 3
Days on Site: 1
Exterior: Brick
On Market Date: 2026-03-04
Parcel Number: 04088-0040
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public

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Preferred Communication Method

Listed By / Shown By

Listing By

Agency Name: BERKSHIRE HATHAWAY
Agency Contact: 516-741-3070

Shown By

Agent Name: Nicole Fernandez
Agent Phone: (516) 640-8227
Agency Title: Laffey Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/06/2026. The listing information on this page last changed on 03/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 03/06/2026 12:01:22 AM EST) or OneKey MLS (last updated Thu 03/05/2026 11:53:19 PM EST). Real estate listings held by brokerage firms other than Laffey Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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