Gavin Pike

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

$1,500,000
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Gavin Pike
Call: (516) 883-7780

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 gavinpike.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: Gavin Pike
Agent Phone: (516) 883-7780
Agency Title: Laffey Real Estate

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