$1,490,000

12409 18th Avenue, College Point, NY 11356

3,185 sqft

Commercial Property
Built in 1961
4,299sqft lot
—— car garage
$468/sqft
Listed 6 days ago

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.

Listing Status:: Active
Listing Office:: RE/MAX Frontier : 718-224-2900
MLS ID:: 930002

A/C: Ductless
Heating: Hot Air

Originating MLS: onekey2
County: Queens

Zoning: 04088-0040

Utilities: Electricity Connected
Water: Public
Sewer: Public Sewer

Source: onekey2

This listing courtesy of RE/MAX Frontier

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.