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    Two-Unit Warehouse Investment Title is generated by Realmo AI

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

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    For Sale
    $1,390,000

    COMMERCIAL - College Point, NY

    Property size:
    3,200 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $434/SF
    Added:
    Mar 4, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 1 at 5:06 pm

    Property Features for 124-15 18th Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    R4A
    Standard status
    Active
    APN
    04088-0040
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    19553

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Oil
    Cooling system
    Window Unit(s), Wall/Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1961
    Number of units
    2
    Building materials
    Brick

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    Fatima Smith AHWD
    Fatima Smith AHWD

    Listing agent Fatima Smith AHWD

    Listing office BERKSHIRE HATHAWAY 191 Hillside Ave, Williston Park, NY

    Listing date Mar 4, 2026

    MLS# 967597

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two fully functional warehouse units: approx. 1,200 SF and 2,000 SF (total approx. 3,200 SF)
    • Both units have garage bay doors and are income‑producing with stable tenancy
    • Second unit includes refrigerated warehouse space and active business operation
    • Annual rental income approx. $88,000 with total operating expenses approx. $28,000 per year
    • Construction: brick building; Heating: oil; Cooling: window/wall unit(s)
    • Utilities include public water and public sewer

    Overview

    This property includes two fully functional warehouse units under one ownership. The first unit is leased to a fabric goods distributor and the second unit operates as a refrigerated warehouse. Both units have garage bay doors, supporting straightforward loading and day-to-day industrial use. The refrigeration configuration makes the second space especially relevant for cold-storage or temperature-controlled distribution needs.

    The asset is located in College Point, Queens, described as minutes from Flushing and convenient to major transportation routes. Zoning is listed as R4A. As presented, the property is currently income-producing with stable tenancy and is offered as a combined industrial investment.

    For buyers looking for an income-oriented industrial asset, the current lease structure provides immediate rental income. The first unit contributes rental revenue from an established distribution tenant, while the refrigerated unit supports an active operating model suited to temperature-sensitive goods. Reported figures in the materials indicate approximately $88,000 in annual rental income and roughly $28,000 in annual operating expenses.
    Property Profile Location Intelligence

    Current Use by Public Records

    New York Steak ... Specialty Food Shop

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • City Closet Self Storage — 20-20 129th St, College Point, NY 11356
    • Bounce Luggage Storage - Flushing — 20-07 127th St, Queens, NY 11356
    • Ralph express moving inc. — 114-16 14th Ave, College Point, NY 11356
    • Villevelo Self Storage Units — 13811 20th Ave, Queens, NY 11356
    • College Point Self Storage — 2020 129th St, Queens, NY 11356

    Location Insight

    • Map
    • Local Demand
    City
    College Point
    County
    Queens
    State
    New York
    Longitude
    -73.848082
    Latitude
    40.783065

    FAQs

    What type of property is this?
    Warehouse - Two leased warehouse units with garage bay doors, including a refrigerated warehouse operation.
    Where is this warehouse located?
    The property is located at 124-15 18th Avenue College Point, NY.
    What is the asking price?
    The asking price for this property is $1,390,000.
    What are key features of this property?
    This property features: Two fully functional warehouse units: approx. 1,200 SF and 2,000 SF (total approx. 3,200 SF); Both units have garage bay doors and are income‑producing with stable tenancy; Second unit includes refrigerated warehouse space and active business operation
    More about this property
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