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$ 1,490,000
Est. payment /mo
New
12409 18th AVE College Point, NY 11356
4,299 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID 930002
Rental Info No
Year Built 1961
Annual Tax Amount $19,075
Lot Size 4,299 Sqft
Acres 0.0987
Property Sub-Type Warehouse
Source onekey2
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.
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.
Location
State NY
County Queens
Interior
Heating Hot Air
Cooling Ductless
Fireplace No
Exterior
Utilities Available Electricity Connected
Building
Sewer Public Sewer
Water Public
Structure Type Block
Others
Special Listing Condition None
Listed by RE/MAX Frontier • Soon K. Jung
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