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MLS ID KEY1064075Last updated Oct 26, 2026

Warehouse

124-15 18th Avenue

Active · Queens, NY 11356

Asking price$1,390,000Request a Showing
Year built
1961
Est. monthly taxes
$1,641.83
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About this home

Located in the heart of College Point, just minutes from Flushing, this well-maintained, income-producing industrial property offers an excellent investment opportunity in one of Queens’ key commercial corridors. The property features two functional warehouse units: an approximately 1,200-square-foot space leased to an established fabric goods distributor and an approximately 2,000-square-foot refrigerated warehouse with an active business operation. Both units are equipped with garage bay doors measuring approximately 11' x 9'. Together, the units generate approximately $87,600 in annual rental income, with estimated annual operating expenses of $28,000, offering attractive cash flow potential. With established tenants, versatile industrial space, and convenient access to major transportation routes and the Flushing market, this property presents an appealing opportunity for investors seeking steady income and long-term growth potential in Queens’ industrial sector.

Listing snapshot

Days on site
10 days
Listed on MLS
Oct 18, 2026
Annual property tax (MLS)
$19,702
Tax year
2026
Listing brokerage
Prospes Real Estate Corp
MLS ID
KEY1064075
Last updated
Oct 26, 2026

General features

Property type
Warehouse
Year built
1961
Water source
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Sewer Connected

Interior features

Heating
Natural Gas
Cooling
None

Exterior features

Construction materials
Block

Schools (MLS)

Elementary school
Ps 129 Patricia Larkin
Elementary school district
Queens 25
Middle school
Jhs 194 William Carr
Middle school district
Queens 25
High school
Flushing High School
High school district
Queens 25

School information is provided by the MLS. Confirm attendance eligibility with the school district.

Recent activity

  1. Listing updated from MLS
  2. First seen on this site
  3. MLS status changed

Location

Queens, NY 11356Show interactive map
124-15 18th Avenue

Queens, NY 11356

Google Maps directions

Listing data is supplied by the MLS and may change without notice.